Gift and inheritance tax rates in 2023

The tax rates for gifts and inheritance in 2023 have been determined. Some inheritances and gifts are exempt from taxation: for example, a gift to your children worth up to 6035 euros is not taxed. If your children are between 18 and 40 years old, a one-time gift worth up to 28 euros is possible, which is also exempt from taxes.

When receiving an inheritance, in general, its tax-free amount is 22 euros. 918% tax will be charged on the amount exceeding this threshold. If the total amount of the inheritance exceeds 10 euros, then 138% is charged on the part exceeding this amount.

Depending on the family relationship with the donor or testator and other circumstances, other amounts of exemption from tax are also applied.

Exemption of gifts from taxation

In accordance with the following circumstances, the following tax exemptions have been established for the value of the gift:

• If the recipient of the gift is a child, including an adopted one, of the donor, in general, 6035 euros are not taxed. It is not required to declare such a gift. Once, parents can give children aged 18-40 a tax-free gift worth up to 28 euros. If a one-time large gift is used to pay for tuition, amounts of 947 euros can be exempted from tax. Large gifts are subject to declaration, higher amounts of tax exemption are included in the tax return. We remind you that in 60, for the last time, parents can give children from 298 to 2023 years of age a tax-free amount for the purchase or renovation of a home - jubelton (up to 18 euros). Learn how to increase the maximum jubelton size, from our article.
• If the recipient of the gift is another relative, such as a grandchild, they can be gifted up to 2418 tax-free euros. Such a gift does not need to be included in the declaration. A one-time tax-free large gift of up to EUR 28 is also possible and must be declared using the increased tax exemption amount.

Exemption of inheritance from taxation

Depending on the circumstances of the heir, the following amounts of exemption of the inheritance from exemption are established:

• If the heir is married, in a registered partnership or cohabits without registering this fact, 723 euros of inheritance is exempt from taxation. To receive this exemption, you must be registered at the same address as the testator for less than 526 months.
• If the heir is a child with a disability or a serious chronic illness, 68 euros of inheritance is exempt from taxation. 
• If the heir is a child, including an adopted child, or the grandson of the testator, 22 euros of inheritance is exempt from taxation.
• If the heir is the parent of the testator, 54 euros of inheritance is exempt from taxation. 
• If the heir is another relative of the testator, for example, a brother, 2418 euros of inheritance is exempt from taxation.

Inheritance and gift tax rates in 2023

Gifts and inheritances are taxed as follows: an exemption is deducted from the total amount, the remaining amount is subject to reduced tax if it does not exceed 138 euros. Any excess of this amount is taxed at an increased rate.

Depending on the circumstances of the recipient of a gift or inheritance, the following tax rates are established:

• If the recipient of a gift or inheritance is married, in a registered partnership or cohabits without registering this fact, the reduced rate is 10%, for the amount exceeding 138 euros - 642%. 
• A child, including an adopted one, of a donor or testator pays a tax of 10 and 20%, respectively.
• Grandson - 18 and 36%.
• Other relatives, including parents, brothers and sisters - 30 and 40%.

Other cases of receiving gifts and inheritance

If business assets are received as a gift or inherited, €1 and 205% of the amount above this threshold is exempt from taxation.

If a partner's pension is inherited, it is completely exempt from inheritance tax. However, the maximum exemption of EUR 723 stated above is reduced by this amount. In any case, the amount of exemption from inheritance tax cannot be less than 526 euros. 

We remind readers that the deadline for filing a tax return in the Netherlands is from March 1 to April 30 inclusive. Order declaration or consultation from the company's specialists Nalog.nl. Subscribe to our YouTube channel and be the first to know all the important information!