Tax changes in 2025 to boost income for most Dutch workers, says payroll firm
1 week, 6 days ago

Tax changes in 2025 to boost income for most Dutch workers, says payroll firm

NL Times  

The first paychecks of 2025 are expected to deliver a net income boost for most Dutch employees due to tax reductions and adjustments to government rebates, according to calculations by HR and payroll software provider Nmbrs. Meanwhile, the general tax credit, a rebate applied to reduce taxes owed, will decrease from 3,362 euros to 3,068 euros. However, the income threshold for reducing this tax credit will rise from 24,812 euros to 28,406 euros, offering relief to many mid-level earners. Workers with salaries over 28,406 euros will largely experience positive changes due to the combination of reduced taxes and higher thresholds for tax credit reductions. The general tax credit for employees earning 28,406 euros or less will remain at its maximum of 3,068 euros.

Tax Credit Income Euros Payroll Firm  credit  net  workers  boost  changes  payroll  firm  tax  rise  euros  employees  general  earning  income  increase  dutch  2025

History of this topic

Low Dutch corporate tax rate should be scrapped, fails to help small businesses
2 days, 19 hours ago

Low Dutch corporate tax rate should be scrapped, fails to help small businesses

NL Times  

The low corporate income tax rate is not suitable to support small and medium-sized enterprises and it would be better if it is abolished, said the Netherlands Bureau for Economic Policy Analysis after conducting research. "Of the 3 billion euros in tax benefits that the low corporate income tax rate yields this year, more than half will end up with …

Dozens of laws and rule changes take effect in the Netherlands on 1 January 2025
3 days, 19 hours ago

Dozens of laws and rule changes take effect in the Netherlands on 1 January 2025

NL Times  

At the start of every year, the Dutch government implements a series of legal changes, regulatory adjustments, and adapted rules. Anyone earning over 75,518 euros per year pays the high rate of 49.5 percent, while anyone earning less pays 36.97 percent. In between there will be a middle bracket for people earning between 38,089 and 75,518 euros per year, with …

Less tax evasion via NL as new rules bite, says central bank
1 week, 4 days ago

Less tax evasion via NL as new rules bite, says central bank

Dutch News  

The amount of income shifted through the Netherlands to tax havens has gone down since 2020, according to new figures from the Dutch central bank. “For a long time, it was financially attractive for multinationals to transfer their profits, in the form of dividends, interest income or royalties, through the Netherlands to countries with lower tax rates,” the central bank …

Lower incomes face further cut in the mortgage interest tax rate
Trending News
4 weeks ago

Lower incomes face further cut in the mortgage interest tax rate

Dutch News  

The Dutch cabinet is planning to increase the mortgage tax relief rate for people on higher incomes, while cutting it slightly for people earning less than €38,441 a year from next year, the Financieele Dagblad reported on Monday. Mortgage tax relief in the Netherlands has been cut steadily since 2013, after experts criticised its impact on house prices because it …

Dutch debt level falls amid €3 billion surplus; Recession slightly worse than thought
1 year ago

Dutch debt level falls amid €3 billion surplus; Recession slightly worse than thought

NL Times  

The Dutch government managed to bring down the national debt, while collecting a surplus of 3 billion euros in revenue during the first three quarters of the year. According to the national statistics office, the government achieved a surplus of 3 billion euros in the first three quarters of 2023. Government debt also decreased by almost 14 billion euros to …

Richest Dutch paying less and less tax since 2001 tax reform
1 year, 6 months ago

Richest Dutch paying less and less tax since 2001 tax reform

NL Times  

Since the 2001 tax reform, the wealthiest people in the Netherlands have paid less and less tax, Follow the Money reports based on a memo created by officials from the Ministry of Finance after investigating how the super-rich avoid taxes. Other super-rich people, like professional football players and high earners in the Amsterdam Zuidas, have “Until 2001, the marginal tax …

Dutch Cabinet wants minimum 15% corporate tax to cut down tax avoidance; First in EU
1 year, 6 months ago

Dutch Cabinet wants minimum 15% corporate tax to cut down tax avoidance; First in EU

NL Times  

The Cabinet announced draft legislation to ensure that multinational and domestic companies in the Netherlands with an annual revenue of at least 750 million euros always pay at least 15 percent corporate tax. The minimum tax rate of 15 percent is an internationally agreed rate," the Ministry of Finance wrote in a statement. Since the beginning of the year, companies …

Dutch pay slips will increase across the board in 2023
2 years ago

Dutch pay slips will increase across the board in 2023

Dutch News  

A higher minimum wage and slightly lower taxes mean workers in the Netherlands will see a significant salary increase in 2023, according to HR service provider Visma Raet, which annually calculates the effects of taxes on people’s salaries. It is then extra important to know what awaits you financially.’ Net wages According to Visma Raet, the Dutch net minimum wage …

Dutch pay slips will increase across the board in 2023
2 years ago

Dutch pay slips will increase across the board in 2023

Dutch News  

A higher minimum wage and slightly lower taxes mean workers in the Netherlands will see a significant salary increase in 2023, according to HR service provider Visma Raet, which annually calculates the effects of taxes on people’s salaries. It is then extra important to know what awaits you financially.’ Net wages According to Visma Raet, the Dutch net minimum wage …

Middle income households could be hard hit by government’s recovery plan
2 years, 2 months ago

Middle income households could be hard hit by government’s recovery plan

NL Times  

Higher tax burdens placed on middle income households could mean some workers will only see 130 euros net if they earn 1,000 euros extra in monthly salary, tax experts told the Telegraaf. “The tax burden on every extra euro earned will rise considerably for middle incomes,” said Hugo Erken of Rabobank. It shows that someone earning a gross annual salary …

Richest 1% of the Dutch pay just 21% of their income in tax: CPB
2 years, 8 months ago

Richest 1% of the Dutch pay just 21% of their income in tax: CPB

Dutch News  

While the very richest of the Dutch are losing 21% of their income to tax, people on average incomes are handing over 40% to the tax office, according to new research by the government’s centre for policy analysis CPB. The CPB found that people on the lowest incomes were spending 55% of their income on tax, although this was largely …

Richest 1% of the Dutch pay just 21% of their income in tax: CPB
2 years, 8 months ago

Richest 1% of the Dutch pay just 21% of their income in tax: CPB

Dutch News  

While the very richest of the Dutch are losing 21% of their income to tax, people on average incomes are handing over 40% to the tax office, according to new research by the government’s centre for policy analysis CPB. The CPB found that people on the lowest incomes were spending 55% of their income on tax, although this was largely …

Richest Dutch don't pay the most tax: Planning Office
2 years, 8 months ago

Richest Dutch don't pay the most tax: Planning Office

NL Times  

The wealthiest Netherlands residents don't pay the most taxes. But the 1 percent highest earners only spend 21 percent of their income on taxes - less than the lowest earners, NRC reports based on a new study by central planning office CPB. "The fact that top incomes pay a lot less tax is a new outcome," CPB tax economist Arjan …

Up or down? How will the 2022 budget affect your taxes?
3 years, 2 months ago

Up or down? How will the 2022 budget affect your taxes?

Dutch News  

In September, the Dutch government announced its budget for next year, including some alterations to the tax regulations. ‘Because there is still no official coalition and the government is acting in a caretaker capacity, there is not much change this year,’ said a spokesman for tax adviser Blue Umbrella. ‘However, there are some alterations that could be very important for …

Up or down? How will the 2022 budget affect your taxes?
3 years, 2 months ago

Up or down? How will the 2022 budget affect your taxes?

Dutch News  

In September, the Dutch government announced its budget for next year, including some alterations to the tax regulations. ‘Because there is still no official coalition and the government is acting in a caretaker capacity, there is not much change this year,’ said a spokesman for tax adviser Blue Umbrella. ‘However, there are some alterations that could be very important for …

Law Changes 2021: Work, Income and Pensions
3 years, 11 months ago

Law Changes 2021: Work, Income and Pensions

NL Times  

The Dutch government will implement over 60 new rules, regulations, and law changes at the stroke of midnight on January 1. Below is a summary of the 2021 changes made in the category Work, Income and Pensions: The basic income tax rate will fall from 37.35 percent to 37.10 percent, providing some relief for people. Someone earning 20 thousand euros …

What the government's 2021 spending plans mean for your taxes
4 years, 2 months ago

What the government's 2021 spending plans mean for your taxes

Dutch News  

Last month, the Dutch government announced a set of measures aimed at creating ‘a better, fairer and greener tax system’, and many of the changes will make a difference especially to those at the lower end of the income scale. ‘The government wants to stimulate the economy again, keep people in work or at least retraining for their future career, …

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