VAMIL is a Dutch tax relief scheme for environmentally friendly investments. The benefits of the VAMIL scheme are improved liquidity and reduced interest payments. It allows business owners to postpone income or corporate tax payments by deciding for themselves when to write off certain environmentally-related investments. The scheme applies to environmental investments in capital assets included on the Environmental List (investments that are beneficial to the protection of the environment in the Netherlands), in areas such as water, air, soil, waste, noise and energy.
The magnetic separators for recycling purposes produced by the Goudsmit Groep fall under this scheme. These machines are suitable for applications such as the recycling of wood, rubber (car tyres), plastics and household waste. You can find more information at www.government.nl and www.agentschapnl.nl/en.