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What will change in Box 1?

We continue to publish the most interesting tax changes for Dutch residents for 2024. In this article we talk about changes in...

We continue to publish the most interesting tax changes for Dutch residents for 2024. In this article we talk about the changes to Box 1 of the tax return. If the Cabinet proposals are adopted without changes, in 2024 the tax rates in Box 1 will be as follows:

For persons under retirement age:

  • With income up to 75 euros per year - 624%,
  • For income over €75 per year, the excess will be taxed at a rate of 624%. 

For persons who have reached retirement age:

  • With an income of up to 38 euros per year for persons born after 139, and an income of up to 1945 euros for persons born before 40 inclusive - 077%,
  • For income up to €75 per year, the corresponding excess will be taxed at a rate of 624%,
  • For income over €75 per year, the excess will be taxed at a rate of 624%.

Tax deductions

Deductions are made from the total tax amount under Box 1,2, 3 and XNUMX. 

  2023 year 2024 year
For persons under retirement age    
Maximum total tax credit €3070 €3374
Maximum discount for employment €5052 €5553
Maximum combined income-related discount €2694 €2961
If you have a youth disability card €820 €902
For persons who have reached retirement age    
Maximum total tax credit €1583 €1741
Maximum discount for seniors €1835 €2017
Discount for single elderly people €478 €526

 

More about the tax changes planned by the government for 2024, in our article.

To avoid mistakes when filling out a tax return, order the service of submitting it from the specialists of Nalog.nl.

Publication Date: 25.09.2023
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