The Dutch Ministry of Finance has announced that the new job-related investment tax credit (BIK) will be withdrawn with retroactive effect from 1 January 2021. The BIK, which was just introduced in 2021, was meant to promote investment by providing a credit that could offset the payment of salaries tax and national insurance (social security) contributions. It has been decided to withdraw the BIK due to uncertainties regarding potential State aid issues in the EU. In its place, the governmen…