Some changes in the Dutch tax laws in 2003
Some changes:
- Raise employment tax credit (arbeidskorting) (€ 119)
- Raise general taxcredit (€ 50)
- Raise tax credit for older people (€ 46)
- Introduction of a course of life facility (save for leave in different stages of life)
- Reduction of some environment related benefits
- Freeze the ruling concerning the company car at 2002 figures
- Abolition of the bike deduction
- Abolition of employee savings
- Abolition of the basis deduction for the "lijfrente" (an income insurance for life)
- Abolition of the feastday ruling (the employer could give you € 136 every year tax free on feast days, like the christmas gift
- Other changes, less important for expats
Summary of tax rates and amounts
Rates |
2003 |
2002 |
| AOW-premium (social security for 65+) | 17,90 |
17,90 |
| ANW-premium (social security for the next of kin) | 1,25 |
1,25 |
| AWBZ-premium (special health costs) | 12,05 |
10,25 |
| Premium standard social security | 31,20 |
29,40 |
| Tax rate first scale | 1,70 |
2,95 |
| Tax rate second scale | 6,75 |
8,45 |
| Combined rate first scale | 32,90 |
32,35 |
| Combined rate second scale | 37,95 |
37,85 |
Combined rate first scale 65+ |
15,00 |
14,45 |
| Combined rate second scale 65 | 20,05 |
19,95 |
| Tax rate third scale | 42,00 |
42,00 |
| Tax rate fourth scale | 52,00 |
52,00 |