BTW compensatie

English translation: VAT recovered

17:23 May 14, 2006
Dutch to English translations [PRO]
Bus/Financial - Real Estate
Dutch term or phrase: BTW compensatie
this concerns office rentals

the context: In deze vergelijking is uitgegaan van een investering ad 10,000,000 ex BTW welke in vijf jaar wordt afgeschreven, terwijl voorts slechts de externe huurkosten zijn meegenomen met een jaarlijkse indexering van 2,5%, alsmede de BTW compensatie over de exploitatie.

I assume this is "deducting the VAT on the running costs" - but I would like some confirmation
Andre de Vries
United Kingdom
Local time: 10:52
English translation:VAT recovered
Explanation:
...on the running costs
Selected response from:

CI95
Local time: 11:52
Grading comment
I went for recoverable VAT - so thankyou
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +5VAT compensation
Dave Calderhead
4compensation for value added tax/compensation for Dutch VAT
Willemina Hagenauw
4VAT recovered
CI95
4Value Added Tax effect
LouisV (X)


  

Answers


12 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
VAT compensation


Explanation:
Yes, it is the VAT compensation, or deductable VAT, paid on the running costs

Dave Calderhead
Netherlands
Local time: 11:52
Native speaker of: English
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Kate Hudson (X)
25 mins
  -> Thanks, Kate. (:-{)>

agree  Marijke Singer
35 mins
  -> Thanks, Marijke (:-|)>

agree  Saskia Steur (X)
50 mins
  -> Thanks, Saskia (:-{)>

agree  jarry (X): But it is deductible, not deductable
1 hr
  -> Thanks, Jarry (:-{)> You are right, of course. I am always getting my ibles and ables mixed up if I don't have a spelling checker.

agree  Dennis Seine: nice observation Jarry
21 hrs
  -> Thanks, Dennis (:-{)>
Login to enter a peer comment (or grade)

18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
compensation for value added tax/compensation for Dutch VAT


Explanation:
I would describe it as such, as VAT is really a British concept while "value added tax" is a translation of the words "belasting toegevoegde waarde".

Willemina Hagenauw
Local time: 10:52
Native speaker of: Native in DutchDutch
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
neutral  jarry (X): There is no need to add 'Dutch' though. I thought that was understood from the context. I would have thought that VAT, too, is a translation of "Belasting Toegevoegde Waarde" (BTW)
1 hr
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
VAT recovered


Explanation:
...on the running costs

CI95
Local time: 11:52
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
I went for recoverable VAT - so thankyou
Login to enter a peer comment (or grade)

8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Value Added Tax effect


Explanation:
Usually the tax impact on a caparative costing is called the tax effect', which can be either positive and negative. In this case is seems to me that the above may be an option.
Another option may be VAT credit.

LouisV (X)
Australia
Local time: 21:52
Native speaker of: Native in EnglishEnglish
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search