You are here: Home / Archives for All Articles / News on personal tax

Tax deductible study tuition expenses 2017 / 2018 / 2019 / 2020 / 2021

by

Tax deduction / deductible study tuition fee expenses. Study tuition costs are expenses made for education to obtain a (better) position on the labour market or to maintain current work-related knowledge.

The following costs can be deductible: tuition / application fee, enrolment fee, books and other literature and costs of exams. Costs of a language course can be deductible but only under certain strict conditions. Study costs have to be a financial burden for the person following the studies, meaning the fees may not be paid through a gift and/or scholarship(s). … Read More

Fill in a tax return over the year of migration and – in most cases – receive a tax refund!

by

In most cases a tax and premium benefit can be achieved in the year of migration, either moving to or moving out of the Netherlands. As to the premiums this benefit follows from the fact that premium can be calculated on a time related basis.

This in practice means that per month no more premium can be due than 1/12 of the maximum annual premium. When the taxable income on annual basis is higher than appr. EUR 34,000, this time related method may well offer a benefit.

As to the tax part; employers calculate the wage tax due on annual basis and divide the outcome over 12 months. … Read More

Alternatives for Dutch equity taxation – Box 3

by

Future of box 3 (tax on deemed income from equity)
From the 1st of January 2017 the Dutch equity tax of the so called box 3 changes. In effect, the tax burden on higher amounts of net wealth will be increased while the tax burden on lower amounts of net wealth will be decreased. The tax free amount will be € 25,000 per person.

Then, on the first € 100,000 of net wealth a deemed return on investment of 2.87% will apply. This percentage is said to be based on the average interest rates of the last five years. For the next € 900,000 the deemed return is 4.6% and for amounts of net wealth above 1,000,000 the deemed return on investment is 5.39%.

This system is advantageous for those who achieve a relatively high return, but at the same time it’s really unfavorable if the actual return is low.

How to avoid box 3-taxation?
It is possible to avoid this box 3 taxation. … Read More

Decree tax exemption box 3 income (income from equity) for non qualifying foreign tax residents

by

The Dutch Supreme Court gave its judgement in the cases J.B.G.T. Miljoen (ECLI:NL:HR:2016:362) and Société Générale S.A. (ECLI:NL:2016:361), after some preliminary questions to the European court of justice about portfolio shares. The Dutch State Secretary of Finance decided to change the appliance of Dutch law according to the Supreme Court’s judgement. … Read More

Besluit heffingvrij vermogen box 3 voor buitenlands belastingplichtigen

by

Naar aanleiding van prejudiciële vragen van de Hoge Raad aan het Hof van Justitie van de Europese Unie heeft de Hoge Raad uitspraak gedaan in de zaken J.B.G.T. Miljoen (ECLI:NL:HR:2016:362) en Société Générale S.A. (ECLI:NL:2016:361). De staatssecretaris van financiën heeft besloten de wetgeving anders toe te passen in het licht van deze uitspraken.… Read More