Are you entitled to the 30%-ruling? Then this newsflash could be important for you.
Currently, employees who are residents of the Netherlands and use the 30%-ruling can opt for the so-called “partial non-resident” tax status in their Dutch income tax return. This means that they are regarded as foreign taxpayers for the purposes of Box 2 and Box 3, and do not have to declare their worldwide assets.
Key Changes Effective 1st January 2025 “partial non-resident tax status” in income tax return:
- The “partial non-resident” status will be abolished as of 1st January 2025.
- Employees with the 30%-ruling will then be taxable on their worldwide income, including worldwide assets, property, savings, and investments.
Transitional Arrangement:
- A transitional arrangement applies to employees for whom the ruling was already applicable before 31st December 2023.
- They can use this tax arrangement as long as they are entitled to the 30%-ruling, but until 31st December 2026 at the latest.
- However, if they change jobs and do not consecutively work for the new employer, they will lose this transitional arrangement.
Questions?
If you have any questions about how these changes may affect your specific situation or if you intend to change jobs, please do not hesitate to contact us.