In the Netherlands are the income taxes the tax levied on the financial income of persons, corporations, or other legal entities. In the Netherlands is the income taxation progressive. People with more disposable income pay a higher percentage of that income in tax than do those with less income. For income tax purposes 3 types of taxable income are distinguished. These income types have been classified into 3 so-called boxes:
- income from employment and home ownership
- income form a substantial interest
- income from savings and investments
The fiscal year is the calendar year. No later than March the citizens have to report their income of the previous year. In the Netherlands is the tax of total taxes in 40.4 % of GDP and by income taxes are the tax rates the highest.
Taxation of wage income tax in the Netherlands (Average personal income tax and social security contribution rates on gross labour income)
Tax | % AW |
66 % | 100 % | 133 % | 166 % |
Central income tax | 4,7% | 14,0% | 20,9% | 27,1% |
Sub-central income tax | 0,0% | 0,0% | 0,0% | 0,0% |
Total income tax | 4,7% | 14,0% | 20,9% | 27,1% |
Employee social and health insurance | 26,0% | 21,4% | 16,5% | 13,2% |
´All-in´ | 30,7% | 35,4% | 37,4% | 40,3% |
Employer social and health insurance | 15,9% | 15,4% | 12,8% | 10,2% |
Taxation total | 40,2% | 44,0% | 44,5% | 45,8% |
Bc. Petr Gola
