Transition to SEPA
The Netherlands is switching to SEPA, the new European payment system. All national-individual payment systems will disappear in order to create a single integrated European transfer market for retail payments. Due to SEPA, there will be no differences anymore when it comes to processing retail euro payments within Europe. The initial commencement date was February […]
Labour expense regulation
The labour expense regulation is a new concept to ascertain if settlements and distributions are taxable or not. Beginning in 2015, it is obligatory to use this regulation. In the meantime, employers can choose to still use the old regulations for settlements and distributions. If you still apply the old regulation, it is recommended to […]
Removal of tax discount for education
From 2014 the tax discount for education will be cancelled. This regulation will be replaced by a subsidiary regulation ‘Praktijkleren’, which will no longer be arranged within the salary administration. The Dutch government will continue to administer the tax discountswhich have already been applied so far.
Alteration for senior-associates(60+) and pensioners 2014
For your senior associates there will be two changes in 2014. Among these changes will be an increment in AOW-age & pensionable-age. The work bonus 60+ will become integrated with the already existing payroll tax credit. Work Bonus 60+ Beginning in 2014 the work bonus will become part of the payroll tax credit, meaning this […]
Additional tax liability for the private use in relation to company vehicles
The percentage of additional tax liability for the private use of company vehicles has been determined for 2014.
‘Pseudo-End Levy’ for higher incomes (‘Crisis Tax’)
The temporary solution of the ‘Pseudo End Tax’ for higher incomes (also referred to as the ‘Crisis Tax’) is returning in 2014. In the event an employee on your payroll earned more than €150.000 in 2013.
Ask our Expat Desk: What are the Dutch wage taxes for 2013
What are the Dutch wage tax thresholds for 2013? I will be moving to Hilversum from the UK towards the end of the year. I have never worked in The Netherlands before and would like to know how much tax I will be paying. WePayPeople Expat Desk replies Wage taxes in The Netherlands are progressive. This means that […]