The amount of Dutch income tax due
The amount of Dutch income tax due is the aggregate amount calculated over the income in Box 1, Box 2 and Box 3.
Each Box has its own tax rate.
For the income in Box 1, the rates are progressive with a top rate of 49.50% for 2021.
For Box 2 and Box 3 income, the rate is (flat) 26.9% and 31% respectively (rates 2021). See further the section Tax rates for individuals.
The amount of income tax due, can under certain conditions be reduced with:
- a tax credit for non-compensated losses from substantial shareholding;
- tax exemption or tax credit for Dutch tax residents in relation to foreign source income;
- the aggregate amount of personal levy rebates (in Dutch: “heffingskorting”).
The aforementioned tax credits and exemptions must be claimed in the annual income tax return. Under certain conditions a preliminary (monthly) refund during the calendar year can be applied for.
The Dutch income tax due or refund will become payable/ refundable once a preliminary or final assessment for the year has been imposed. See further the section Tax assessments, tax payments and tax refunds.
| The above information is prepared with utmost care, but it cannot be guaranteed that the rules have not changed since the date of publication or that your personal situation triggers the application of specific rules which deviate from the above. Before you use this information we therefore strongly recommend that you consult us to determine your personal Dutch income tax position. If you require our follow up, you can contact us via e-mail or call us at our offices in Amsterdam + 31 (20) 570 9440 or Rotterdam + 31 (10) 2010466. |