Can I deduct the costs of my MBA study of EUR 55,000 in my Dutch tax return?
Also what is the preferred method for the tax deduction; as a rebate at the end of the tax year or as a monthly deduction from the salary?
As an estimate the cost of the education will be approximately 45,000 (GBP), equivalent to approx 55,000(Euros)
If you can advise me or direct me to be informed on this, it would be greatly appreciated.
However, travel and accommodation are not deductible, but books and study fees are.
Whether you want to claim the refund at the end of the year or during the year is entirely up to you. This depends for example on whether you need the money in advance since you are otherwise not able to pay the study expenses. In case of advanced payment it will be a monthly refund to you, not a monthly reduction of the wage tax in the salary administration.