Dutch government's tax plans will allow higher incomes to deduct more mortgage interest
1 month, 2 weeks ago

Dutch government's tax plans will allow higher incomes to deduct more mortgage interest

NL Times  

Homeowners earning a middle income or higher will be able to deduct more mortgage interest from their taxes next year, while the deduction for lower-income homeowners will become smaller, NOS reports based on the 2025 tax plan. Next year, this will be half a percentage point higher for homeowners earning higher incomes, while those earning lower incomes will be able to deduct over one percentage point less. Currently, the Netherlands works on two income tax brackets - 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 an income tax rate of 37.48 percent.

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History of this topic

Dutch tax system needs major overhaul, says central bank chief
1 week, 4 days ago

Dutch tax system needs major overhaul, says central bank chief

Dutch News  

The Dutch tax system needs a major overhaul and that means lower taxes on wages and the end of mortgage tax relief, central bank chief Klaas Knot has said in an interview with the Volkskrant. “Over the years so many exceptions have been made for certain groups that I have to ask myself if our tax system still serves the …

Disposable income increased in the third quarter due to wage increases
Trending News
2 weeks, 4 days ago

Disposable income increased in the third quarter due to wage increases

NL Times  

People in the Netherlands had more money to spend in the third quarter of the year on average this year, even though life has become more expensive for many people. The so-called real disposable income was 1.5 percent higher in the third quarter than a year earlier. The mortgage debt is increasing faster than last year because the housing prices …

Dutch housing market update: Here's what is changing in 2025
3 weeks, 2 days ago

Dutch housing market update: Here's what is changing in 2025

Dutch News  

The start of a New Year brings new rules and regulations, as well as resolutions. And it’s mostly good news.” Single person bonus Single people, for example, will be able to borrow an extra €17,000, up from €16,000, to help them get a foot on the housing ladder. It may be tough to find something at that price in Amsterdam …

Lower incomes face further cut in the mortgage interest tax rate
Trending News
1 month, 2 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 …

People are borrowing more to buy a house as prices rise
1 month, 4 weeks ago

People are borrowing more to buy a house as prices rise

Dutch News  

Rising house prices and a drop in mortgage interest rates have boosted the average new mortgage in the Netherlands to €346,572, according to mortgage advisory group De Hypotheker. Since then interest rates have gone down slightly and the amount people can borrow, based on the value of the property, has risen. Last week, family spending institute Nibud said with wages …

Disposable household income up slightly, mortgage debt increased by 7.3 billion euros
2 years ago

Disposable household income up slightly, mortgage debt increased by 7.3 billion euros

NL Times  

Dutch households had slightly more money at their disposal in the third quarter of this year than in the same period a year earlier, according to Statistics Netherlands. Also the number of working hours grew 3.2 percent, while collectively agreed wages increased 3.4 percent The increase in total benefits received was 5.1 percent. The total mortgage debt for all Dutch …

Netherlands to offer higher mortgages for energy efficient homes from 2024
2 years, 2 months ago

Netherlands to offer higher mortgages for energy efficient homes from 2024

NL Times  

From 2024, Netherlands residents may be able to get a higher mortgage for an energy-efficient home than for a home with a lower energy label. According to Minister Hugo de Jonge for Housing, people who pay less for energy because their homes are well insulated, for example, can responsibly afford a higher mortgage. Currently, mortgage lenders look at the total …

Mortgage interest rates near highest point in eight years
2 years, 3 months ago

Mortgage interest rates near highest point in eight years

NL Times  

Mortgage interest rates in the Netherlands are currently at their highest point since the beginning of 2014. The mortgage adviser blamed the rate hikes on interest rate increases by central banks like the European Central Bank and the American Fed, as well as the sabotage of the Nord Stream pipelines last week. For comparison, the mortgage interest rate was historically …

A home of your own? Key tips for first time buyers in 2022
2 years, 11 months ago

A home of your own? Key tips for first time buyers in 2022

Dutch News  

Planning to buy a house in Amsterdam or anywhere else in the Netherlands for the first time in 2022? Taxes As in 2021, first time buyers under the age of 35 will not have to pay transfer tax if they are buying a house costing less than €400,000. Mortgages The new government has not yet said it has any plans …

A home of your own? Key tips for first time buyers in 2022
2 years, 11 months ago

A home of your own? Key tips for first time buyers in 2022

Dutch News  

Planning to buy a house in Amsterdam or anywhere else in the Netherlands for the first time in 2022? Taxes As in 2021, first time buyers under the age of 35 will not have to pay transfer tax if they are buying a house costing less than €400,000. Mortgages The new government has not yet said it has any plans …

Record number of mortgage applications in Netherlands last year
4 years ago

Record number of mortgage applications in Netherlands last year

NL Times  

Over 500 thousand mortgage applications were submitted in the Netherlands last year, an increase of almost 25 percent compared to 2019, which was already a record year, Hypotheken Data Netwerk reported on Thursday. Most applications were for the purchase of a new home, but refinancing or taking out a second mortgage also skyrocketed seeing increases up to 50 percent, HDN …

Mortgage interest rates at record low in Netherlands
4 years ago

Mortgage interest rates at record low in Netherlands

NL Times  

The mortgage interest rates in the Netherlands dropped to a record low over the past year. Those who took out a 20 year mortgage with National Mortgage Guarantee on January 1 did so at an interest rate of 1.23 percent, compared to 1.48 percent a year earlier, according to figures from comparison site Rente.nl, RTL Nieuws reports. A low mortgage …

Blue envelopes on the door mat mean it is time to think about tax
4 years, 10 months ago

Blue envelopes on the door mat mean it is time to think about tax

Dutch News  

February might be the cruelest month, according to poet T S Elliot, and it is also the month that most of us get at least one blue envelope from the tax office. If you received notification from the Dutch tax office to file your income tax, then you have to do so even if you had no income. Find out …

Nine things to take into account when filing your tax return
5 years, 10 months ago

Nine things to take into account when filing your tax return

Dutch News  

February is the month that most of us get a blue envelope from the tax office, telling us it is almost time to file our annual tax return. If you received notification from the Dutch tax office to file your income tax, then you have to do so even if you had no income. Find out more here 5 Worldwide …

Law changes 2019: Housing and Living Environment
6 years ago

Law changes 2019: Housing and Living Environment

NL Times  

The Dutch government is implementing a number of law changes on January 1st. Home rents will increase by no more than 4.1 percent to 5.6 percent from July 1st next year. The rental liberalization limit - the maximum amount of money you pay in rent before the home no longer qualifies as social housing - is increasing to 720.42 euros …

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