hoog

English translation: high

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:hoog
English translation:high
Entered by: Francesco D'Arcangeli

21:59 Aug 29, 2012
Dutch to English translations [Non-PRO]
Bus/Financial - Accounting
Dutch term or phrase: hoog
A sentence I've found in a list of balance sheet and accounting terms. I do not speak Dutch, and as a matter of fact I am presently translating from Italian to English, but the Italian I'm working on has been translated from the Dutch. The problem here is hoog, which in Italian has been translated as "alto" (high), but what does it mean?:
"Dubieuze debiteuren
Belastinqen
BTW verkoop 0%
BTW verkoop verlegd
BTW verkoop hoog
BTW verkoop laag
BTW verkoop ICL
BTW verkoop buiten EU
BTW voorbelasting verlegd
BTW voorbelasting hoog
BTW voorbelasting laag
BTW voorbelasting 0%
BTW voorbelasting import ICL
BTW voorbelasting import buiten EU
BTW autokosten
Af te dragen BTW
Af te dragen BTW 12%
Crediteuren"
Francesco D'Arcangeli
Italy
Local time: 22:37
high
Explanation:
there are various levels of VAT:
"high" (hoog in Dutch) is currently 19%;
"low" (laag in Dutch) is 6%;
some items are not taxed at all. these are the "0% BTW" goods
Selected response from:

Clem Herman
Netherlands
Local time: 22:37
Grading comment
Thanks, I guessed it might have been that!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4high
Clem Herman
Summary of reference entries provided
Btw hoog
Kitty Brussaard

  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
high


Explanation:
there are various levels of VAT:
"high" (hoog in Dutch) is currently 19%;
"low" (laag in Dutch) is 6%;
some items are not taxed at all. these are the "0% BTW" goods

Example sentence(s):
  • translation services are taxed at the high VAT level of 19%
Clem Herman
Netherlands
Local time: 22:37
Native speaker of: Native in EnglishEnglish
Grading comment
Thanks, I guessed it might have been that!

Peer comments on this answer (and responses from the answerer)
agree  Erik Brinkhof: or basic - but NOT VAT level; VAT rate!
8 mins

agree  LouisV (X)
2 hrs

agree  Kitty Brussaard: En met Sanders aanvullende opmerking. Zie ook mijn verwijzing.
10 hrs

agree  Jack den Haan: Yes, rate!
14 hrs
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Reference comments


10 hrs
Reference: Btw hoog

Reference information:
On 1 October 2012 the high VAT rate will increase from 19% to 21%. As from 2013, this will be compensated by lower income taxes, in particular for workers with low incomes. The excise duties on alcohol, tobacco and soft drinks will be increased. This will bring in €625 million.
http://www.government.nl/issues/budget/budgetary-policy-2011...

The trend towards increasing VAT rates in the EC is now also being followed by the Dutch government. The Dutch government has announced plans to increase the high VAT rate from 19% to 21%, with effect from 1st October 2012. In principle, the applicable VAT rate will depend on when the goods or services are supplied. However, special rules may apply in case of, for example, prepayments.
http://www.bakertillyberk.nl/english/112458/News.html?112559...

Kitty Brussaard
Netherlands
Native speaker of: Native in DutchDutch
PRO pts in category: 12
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