Dutch Prime Minister Mark Rutte's fourth government was sworn in on Monday, a record 299 days after the last election and a year after his previous administration was forced to resign, with the coronavirus crisis looming over a big spending push.
The new coalition has promised generous spending on sustainable energy, housing, childcare and education, but will first have to deal with the health crisis as the Omicron variant has pushed coronavirus infections to record levels
Read more at:
New Dutch government sworn in 10 months after last election | Reuters
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Showing posts with label New Dutch Government. Show all posts
Showing posts with label New Dutch Government. Show all posts
October 12, 2017
The Netherlands: New Dutch coalition to cut 30% ruling for Expats from eight to five years - by Robin Pascoe
The new Dutch government plans to reduce the tax break for expats known
as the 30% ruling, according to the coalition agreement published on
Tuesday.
In the section on ‘a competitive place to do business’, the four-party alliance say they will ‘limit the tax advantages for expats’, before going on to explain that international workers will only be able to benefit from the ruling for five years, rather than eight as at present.
A report for the finance ministry published this June said that the ruling is too generous and its provisions could be reduced, while recognising its importance to attract top talents.
Some 60,000 people currently claim the tax break, which effectively means they do not pay tax on the first 30% of their salary. This, the report concludes, cost the treasury some €755m in 2015 and is set to cost €902 in 2017.
To claim the ruling, expats have to earn nearly €53,000 a year (or €37,000 after the 30% has been deducted) and must have lived at least 150 kilometres from a border with the Netherlands, effectively ruling out Germans and Belgians.
Read more:New Dutch coalition to cut 30% ruling from eight to five years - DutchNews.nl
In the section on ‘a competitive place to do business’, the four-party alliance say they will ‘limit the tax advantages for expats’, before going on to explain that international workers will only be able to benefit from the ruling for five years, rather than eight as at present.
A report for the finance ministry published this June said that the ruling is too generous and its provisions could be reduced, while recognising its importance to attract top talents.
Some 60,000 people currently claim the tax break, which effectively means they do not pay tax on the first 30% of their salary. This, the report concludes, cost the treasury some €755m in 2015 and is set to cost €902 in 2017.
To claim the ruling, expats have to earn nearly €53,000 a year (or €37,000 after the 30% has been deducted) and must have lived at least 150 kilometres from a border with the Netherlands, effectively ruling out Germans and Belgians.
Read more:New Dutch coalition to cut 30% ruling from eight to five years - DutchNews.nl
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