I have rented one of the rooms in my apartment to a student. She is going to be registered with IND at the end of the month (as she is a foreigner) and they will register her officially with the GBA. I sign with her a rental agreement.
How should I reconcile with belastingdienst my income.? Should I report it directly after her registration? Or now? Or add the income to the annual tax return form or...????? What is the proceeding in such a case?
I expect that that the income you receive from the student remains tax free. There is a tax exemption for income earned with renting out a room, in Dutch called "kamerverhuurvrijstelling".
The income you receive (rent including compensation for use of furniture, energy etc.) is not above a certain amount.
2017: max. € 5,164
2016: max. € 5,069
2015: max. € 4,954
2014: max. € 4,748
2013: max. € 4,536
The student is registered in the municipality registration (GBA) at your address
The rental agreement is signed for a longer period (for example a year), so it is not applicable for short term rent for example through Airbnb)
The student rents a room (not an independent part of the property)
If you meet all the requirements the rental income will be tax free and on the other hand mortgage interest which sees pro rata on the rented room can still be deducted.
If the requirements are not met the room will be taxed in box 3 as income from investments and you will not be able to deduct the mortgage interest pro rata for this room anymore.
The exemption is also applicable if you rent out a room to other persons, so you don't specifically have to rent out a room to a student. It can also be a friend, colleague or somebody else.