Yesterday, the Rutte IV Cabinet presented its coalition agreement. Naturally, this includes tax measures. We briefly outline the most important ones.<\/p>\n\n\n\n
The bill on excessive borrowing by the director-major shareholder is amended. The limit of \u20ac500,000 will be increased to \u20ac700,000. More on this bill in our factsheet<\/a>.<\/p>\n\n\n\n The business succession allowances will be improved, looking at how to counter improper use. This concerns the scheme in inheritance and gift tax (conditional exemption of 100% for business assets up to - in 2021 - \u20ac1,119,845 and above that of 83%) and in income tax (the pass-through arrangements for benefits from substantial interests; box 2).<\/p>\n\n\n\n The deduction for people who week at least 1,225 hours in their sole proprietorship, partnership or VOF, the self-employed deduction, will be further reduced to \u20ac1,200 in 2030. Self-employed will be compensated in the form of a higher employment tax credit<\/p>\n\n\n\n A new system of levying income tax on income from savings and investments (box 3) will be introduced from 2025. This new system will be based on real returns. So for the time being, all savings-BVs can stay \u201cin the air\u201d for a while. The value development of real estate will initially still be taxed on a flat-rate basis under the new system.<\/p>\n\n\n\n As of 2023, however, the valuation of rented properties on the vacant value ratio will already be abolished (see our article Property in box 3 void value ratio\/<\/a>). This aims to bring the tax burden on rented property more in line with practice.<\/p>\n\n\n\nBusiness succession<\/h2>\n\n\n\n
Self-employment deduction<\/h2>\n\n\n\n
Box 3<\/h2>\n\n\n\n
Jubelton abolished<\/h2>\n\n\n\n