Interest on tax assessments If the final income tax assessment shows that you will receive a refund or will have to pay an additional amount the tax authorities will also calculate interest. Did you submit a tax declaration before 1 May? Do you file an income tax return? In that case, you do not pay…
Question: Is it possible for you to claim my tax for the last three years in Holland? Answer: Expatax can indeed file a tax return for you for the last 3 years and claim back the amount which you paid too much, if that is the case. It is possible to go back 5 years….
Question: I lost the confirmation that I received from the Dutch authorities for my 30% ruling and I need it to exchange my driving license. What should I do to get a copy of that confirmation? Answer: Your employer should keep the original statement in the payroll administration, so you may ask your employer for…
Question: In January 2019 I was recognized the 30% ruling for 5 years. Unfortunately my employment contract was terminated on July 31, 2019. I worked as typist till August 16, 2019. On October 25, 2019 I moved to France where I started to work as of October 29, 2019. I should start a new job…
Yes, Expatax has terms and conditions which are applicable on the services we provide to our clients. These terms and conditions are created by the Register of Tax advisors of which we are a certified member. You can find the terms and conditions on https://expatax.nl/terms-and-conditions/ .
Depreciation Depreciation is the process of allocating the depreciable cost of a long-lived asset, except for land which is never depreciated, to expense over the asset’s estimated service life. Depreciable cost includes all costs necessary to acquire an asset and make it ready for use minus the asset’s expected salvage value, which is the asset’s…
Question: I am here in Holland for a job contract of 6 months. How do I determine the tax rate ? Example: my 6 months total income will be € 40,000 which incur 10.45% + 27.65%. Answer: You mention that your salary incurs 10.45% and 27.65%. In the Netherlands we have the wage tax and…
Question: Is it possible to get the 30% ruling when I work through my own limited company? Answer: Yes it is possible to get the 30% ruling if you are employed by your own limited company, of course if you do meet the requirements. Your limited company will have to be registered with the Dutch tax authorities…
It is not compulsory to adopt a set of general terms and conditions – also known as delivery and payment conditions – but it is useful to do so. It means that you do not have to negotiate conditions every time you enter into a contract. It also avoids any misunderstandings which might otherwise arise…
Question: I am French, living in the Netherlands and thinking of purchasing a property in France. How will this property be taxed given I am NL domiciled and NL resident (not under 30% ruling). Will the position be different depending on whether I have a mortgage on the property? Answer: Since you are living in…
Question: My sister, age 58 years (a widow in receipt of a Dutch pension) lives in Holland in a rental apartment on which she has been paying rent. Recently she told us that she could purchase the property. We wish to help her to purchase it so that she can avoid having to pay rent. Will…
Question: My client is thinking of purchasing a property in the Netherlands. They do not intend to rent out the property, simply maintain it for their own infrequent visits (maybe up to 6 times per year). How will this property be taxed given they are UK domiciled and UK resident. Will the position be different…
The alimony which you pay to your ex-partner is deductible in your tax return as a personal deduction.
Benefits of choosing for a limited company: The liability can be kept within the Dutch limited company. This way the foreign mother company or the individual will be safe in case something happens. Liability is often the reason to set up a limited company. Benefit of a Dutch limited company is also that towards clients…
Since 1 October 2012 there is no minimal required share capital anymore. Before this date the minimum share capital was € 18,000. The share capital can be any amount, for example € 1. At least 1 share with voting right must be issued. Besides that shares with profit right can be issued. Shares can hold…
You can request a provisional tax refund for the following year from the beginning of November of the current year. This depends on the moment the software becomes available. It can happen that the software is already available on November 1. If the request is filed before December 1 the tax authorities should start paying…
You are obliged by law to record anything with financial implications for your business in a systematic administration. It is also important for yourself to keep a proper financial administration. It gives you a wealth of business information and insight into how your company is progressing. Keep your administration for seven years Books and documents…
The costs you have made to keep the alimony which you have to pay to your ex-partner as low as possible are not deductible. These are your own costs. Your ex-partner however can deduct the costs he/she had to make to keep the alimony as high as possible. Difference is that costs made to gain…
Tax on wages and salaries Tax payable by Persons resident in the Netherlands receiving a wage or salary from an employer established in the Netherlands for work they are doing or have done. Persons resident abroad receiving a wage or salary from an employer established in the Netherlands for work they are doing or have done in…
Posting employees to the Netherlands? Step by step guide What needs to be done when employees are sent to the Netherlands? 1. Check whether your employees meet the conditions for residence in the Netherlands Your employees may need a residence permit or a visa to reside in the Netherlands. They must register with the local…
Question: I am a Dutch national, and I will be returning to the Netherlands after 22 years of continuous expat life. Before leaving, I was a student. Assuming I meet the criteria, will the duration of the ruling be reduced by 25-22=3 years, ie from 5 to 2 years ? Answer: Unfortunately the situation for…
An overview of the 2018 income tax rates, social security premiums and tax credits in the Netherlands.
Question: I am a young master and have been granted the 30% tax ruling. When I turn 30 will it be re-evaluated and will the income requirement be higher? Answer: From the first day of the month following the month in which you reach the age of 30, your salary must be at least the…
Two questions: If one member of the family (spouse) is enjoying the 30% ruling and the dependent spouse found a job here with a Dutch company, is the dependent spouse eligible to get the 30% ruling? Is the dependent spouse also eligible to exchange the foreign driving license if the other spouse has the 30%…
Question: I forgot to file a tax return in a previous year. Can I still file an income tax return for that year with the Dutch tax authorities? Answer: It is possible to file a tax return for the previous 5 years. You can do this on your own initiative, without being invited by the…