Personal deductions and allowances for income from labor and main residence (Box 1 income)
Last updated:
21-09-2020
For the calculation of the income from labor and main residence (Box 1 income) the Dutch Income Tax Act provides for certain personal deductions and allowances. It concerns expenses or losses incurred by the taxpayer that are not directly caused by a particular source of income, but which are related to the personal circumstances of the taxpayer.
The law provides for the following personal deductions and allowances on the income from employment and main residence:
- premiums for income provisions (in Dutch: “uitgaven voor inkomensvoorzieningen”);
- personal allowances (in Dutch: “persoonsgebonden aftrek”)
The personal deductions and allowances must be claimed in the annual personal income tax return. Under certain circumstances it is possible to apply for a preliminary refund to claim the deductions and allowances during the year.
| 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. |