Box 1 income: The income from labor and main residence
Last updated:
21-09-2020
Box 1 (income from labor and main residence) includes the following income (amongst others):
- income from sole proprietorship;
- income from certain forms of partnership;
- income from employment;
- other income which requires a certain level of labor (in Dutch: “belastbaar resultaat uit overige werkzaamheden”);
- allowances, annuities and pensions;
- income from a privately owned house which qualifies as main residence;
- (negative) expenses for income provisions (in Dutch: "(negatieve) uitgaven voor inkomensvoorzieningen");
- (negative) personal deductions.
In the annual Dutch personal income tax return the aforementioned income must be reported.
| 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. |