Dutch tax rates 2012 - Individuals

fiscal info individuals

Dutch tax rates 2012 - Individuals

Last updated: 18-05-2012

Personal Income Tax rates 2012 - younger than 65 years

Box 1	Income from employment and home
Taxable income		Tax per bracket	Total per bracket	Cumulative
of more than	but less than
of more than	but less than
-	€ 18.945	1,95%	€ 369	€ 369
€ 18.945	€ 33.863	10,80%	€ 1.611	€ 1.980
€ 33.863	€ 56.491	42%	€ 9.503	€ 11.483
€ 56.491	-	52%	-

Combined rates 2012 - younger than 65 years

Box 1	Income from employment and home, including
	National social insurance contributions
Taxable income		Tax per bracket	Premium contribution	Total percentage	Total per bracket	Cumulative
of more than	but less than
-	€ 18.945	1,95%	31,15%	33,10%	€ 6.270	€ 6.270
€ 18.945	€ 33.863	10,80%	31,15%	41,95%	€ 6.258	€ 12.528
€ 33.863	€ 56.491	42%		42%	€ 9.503	€ 22.031
€ 56.491	-	52%		52%	-
Combined rates 2012 - born after 1 January 1946 (65 years or older)
Box 1	Income from employment and home, including
	National social insurance contributions
Taxable income		Tax per bracket	Premium contribution	Total percentage	Total per bracket	Cumulative
of more than	but less than
-	€ 18.945	1,95%	13,25%	15,20%	€ 2.879	€ 2.879
€ 18.945	€ 33.863	10,80%	13,25%	24,05%	€ 3.587	€ 6.466
€ 33.863	€ 56.491	42%		42%	€ 9.503	€ 15.696
€ 56.491	-	52%		52%	-

Combined rates 2012 - born before 1 January 1946 (65 years or older)
Box 1	Income from employment and home, including
	National social insurance contributions
Taxable income		Tax per bracket	Premium contribution	Total percentage	Total per bracket	Cumulative
of more than	but less than
-	€ 18.945	1,95%	13,25%	15,20%	€ 2.879	€ 2.879
€ 18.945	€ 34.055	10,80%	13,25%	24,05%	€ 3.633	€ 6.512
€ 34.055	€ 56.491	42%		42%	€ 9.423	€ 15.935
€ 56.491	-	52%		52%	-

The second bracket amounts to € 34.055 for taxpayers who are born before 1 January 1946.

Box 2	Income from substantial shareholding
Rate	25%

Box 3	Income from savings and investments
Income	4%
Rate	30%

National social insurance contributions 2012
		65+
Insurance	Rate	Insurance	Rate
AOW	17,90%	AOW	n/a
Anw	1,10%	Anw	1,1%
AWBZ	12,15%	AWBZ	12,15%
Total	31,15%	Total	13,25%

Gift and inheritance tax 2012
Taxable gift/heritage		To: partners and children			To: grandchildren			To: others recipients
		Tax per bracket	Total per bracket	Cumulative	Tax per bracket	Total per bracket	Cumulative	Tax per bracket	Total per bracket	Cumulative
of more than	but less than
-	€ 115.708	10%	€ 11.570	€ 11.570	18%	€ 20.827	€ 20.827	30%	€ 34.712	€ 34.712
€ 115.708	higher	20%			36%			40%

The above information is prepared with utmost care, but please note that the ultimate tax rates may differ from the rate indicated above, for instance as consequence of domestic changes of law, anti-abuse legislation, etc. Before you use this information we therefore strongly recommend that you consult us to determine the accurate tax rate is for your specific situation. If you require our follow up, you can contact us via e-mail or call us at our offices in Rotterdam + 31 (10) 2010466 or Amsterdam +31 (20) 5709440.