Tax rates in the Netherlands 2012
| Combined rates in Box 1 for persons younger then 65 |
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| Taxable income |
Tax per bracket |
Premium National Insurance |
Total rate | Total per bracket | Cumulative |
|
| Of more than | But less than | |||||
| € 0 | € 18,945 | 1.95 % | 31.15 % | 33.10 % | € 6,271 | € 6,271 |
| € 18,945 | € 33,863 | 10.80 % | 31.15 % | 41,95 % | € 6,258 | € 12,529 |
| € 33,863 | € 56,491 | 42 % | 42 % | € 9,504 | € 22,033 | |
| € 56,491 | 52 % | 52 % | ||||
Rate Box 2 (income from a substantial interest in a limited company)
For the year 2012 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 | € 2,033 |
| Labour tax credit (max) | € 1,611 / € 1,533 |
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.