CNB administers its clients’ purchases and sales. This has been done electronically for the past few years for a fee.
The rate is calculated according to the following brokerage agreements:
- Purchase agreements
- Rental agreements
- Other agreements (e.g. PBR and scales)
- Agricultural tenancies
- Contracted cultivation agreements
Components of the rate
The rate is divided into two components: provision on a brokerage agreement, and the rebate on turnover. The rebate is based on the total brokerage turnover. Your purchase and sales turnover of all the purchases, tenancies, rentals, contracted cultivation and other agreements will be added together. The rebate will be remitted on the next payment date following the closed financial year which is July 1st.
The refund is based on the balance of the provision minus the turnover rebate. The rebate amount will increase commensurate with the brokerage turnover through CNB. Upwards of € 250,000 brokerage turnover per financial year, the rebate is 1% (compared to 2.5%). This increases to 8% (compared to 2.5%) with higher brokerage turnover.
See the table below for corresponding rebate percentages.
|Invoiced brokerage turnover per financial year||Turnover rebate in % over the brokerage turnover||Rebate against 2.5%|
More than dan 10 million
|Between 9 en 10 million||0.170%||6.8%|
|Between 8 en 9 million||0.160%||6.4%|
|Between 7 en 8 million||0.150%||6.0%|
|Between 6 en 7 million||0.140%||5.6%|
|Between 5 en 6 million||0.130%||5.2%|
|Between 4 en 5 million||0.120%||4.8%|
|Between 3 en 4 million||0.110%||4.4%|
|Between 2 en 3 million||0.100%||4.0%|
|Between 1 en 2 million||0.075%||3.0%|
|Between 500,000 and 1 million||0.050%||2.0%|
|Between 250,000 and 500,000||0.025%||1.0%|
|Between 50,000 and 250,000||0.000%||0.0%|
|Less than 50,000||0.000%||0.0%|