Other tax information

Payroll tax is a tax that NS, as the employer, withholds from the salaries of employees and then pays to the tax authorities. NS’s costs are largely subject to the high VAT rate. NS can set off the VAT that is charged against the VAT that it has to pay on its sales. Most of NS’s sales are taxed at the lower VAT rate or are zero-rated. In the United Kingdom, the VAT rate on the sale of train tickets is zero. Corporate income tax is paid on the tax profit. The amounts paid or received are shown in the table below in millions of euros.

Overview of taxes per country in € million (minus sign refers to paid taxes)

         
 

Turnover tax

 

Payroll tax

 

Income tax

 

2018

2017

 

2018

2017

 

2018

2017

Netherlands

-20

73

 

-408

-403

 

14

-15

United Kingdom

254

186

 

-205

-124

 

-11

-1

Ireland

0

0

 

0

-1

 

-13

-135

Germany

25

29

 

-9

-9

 

-5

0

         

Total

259

288

 

-622

-537

 

-15

-151