Tax rates in the Netherlands 2011

Combined rates in Box 1 for persons younger than 65
Taxable income 
Tax per bracket

Premium National Insurance

Total rate Total per bracket Cumulative
Of more than But less than          
             
€ 0 € 18,628 1.85 % 31.15 % 33.00 % € 6,147 € 6,147
€ 18,628 € 33,436 10.80 % 31.15 % 41,95 % € 6,212 € 12,359
€ 33,436 € 55,694 42 %   42 % € 9,348 € 21,707
€ 55,694   52 %   52 %    

 

Rate Box 2 (income from a substantial interest in a limited company)


For the year 2011 the tax rate for income from a substantial interest is 25%.


Rate Box 3 (income from savings and investments)


The tax rate for income from savings and investments stays 30%. Expats with the 30% ruling can opt to be exempted from taxation on savings and most of the investments.


Tax credits


After the tax has been calculated based on the above percentages you can reduce the calculated amount with the applicable tax credits.

 

Personal tax credit € 1,987
Labour tax credit (max) € 1,574 / € 1,497

 

If you have children additional tax credits can apply. There are also other specific tax credits depending on your situation but the above are the common tax credits. The labour tax credit depends on the height of the salary and can be higher than € 1,574 / € 1,497 if you are 57 years or older.

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