{"id":1213,"date":"2022-04-28T14:06:52","date_gmt":"2022-04-28T12:06:52","guid":{"rendered":"https:\/\/vwg.nl\/uncategorized\/herstel-box-3-voor-massaal-bezwaarmakers\/"},"modified":"2026-03-03T10:34:14","modified_gmt":"2026-03-03T09:34:14","slug":"box-3-recovery-for-mass-objectors","status":"publish","type":"post","link":"https:\/\/vwg.nl\/en\/herstel-box-3-voor-massaal-bezwaarmakers\/","title":{"rendered":"Restore box 3 for mass objectors"},"content":{"rendered":"

Finance Minister Van Rij, in a letter<\/a> outlined to the Chamber how legal redress will take place for those who objected en masse to the imposition of income tax on income from savings and investments (box 3).<\/p>\n\n\n\n

The Cabinet has not yet decided whether legal redress will also be offered to people who did not object (or did not object in time) to their income tax assessment. This will be decided later this year. For this purpose, Van Rij wants a case pending at the Supreme Court procedure<\/a> wait and see. There is still that time, as requests for ex officio reduction of assessments imposed over 2017 can be filed until 31 December 2022 at the latest.<\/p>\n\n\n\n

Before 4 August<\/h2>\n\n\n\n

People who objected in time to their final income tax assessment for the years 2017, 2018, 2019 and 2020 will be offered legal redress before 4 August 2022. They do not have to take any action to do so, but will receive automatic notification from the Tax Administration.<\/p>\n\n\n\n

Legal redress will also be offered to people whose 2017, 2018, 2019 and 2020 income tax assessments were not yet irrevocable on 24 December 2021. However, this will not take place before 4 August 2022, but from mid-September 2022.<\/p>\n\n\n\n

If a final assessment has not yet been imposed for the years 2017, 2018, 2019 or 2020, because box 3 returns have been processed, those assessments will be imposed from October 2022, taking into account the restoration of rights.<\/p>\n\n\n\n

Assessments for the year 2021, following returns incorporating box 3, will be imposed from 1 August 2022.<\/p>\n\n\n\n

Legal recovery<\/h2>\n\n\n\n

The restoration of rights is provided by applying the so-called \u201clump-sum savings variant\u201d. This means that the return on assets in Box 3 is calculated on a flat-rate basis based on the actual asset mix. In doing so, three asset categories are distinguished:<\/p>\n\n\n\n

  1. savings<\/li>
  2. debts<\/li>
  3. other properties<\/li><\/ol>\n\n\n\n

    The flat rates per category are:<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n

    Example<\/h2>\n\n\n\n

    A taxpayer, without a partner, whose assets in box 3 consist of savings (\u20ac450,000), investments (\u20ac550,000) and debts (\u20ac200,000), will pay income tax in box 3 of \u20ac10,062 in 2021 under the law. This amount is calculated as follows.<\/p>\n\n\n\n

    Power<\/strong><\/td><\/td><\/tr>
    Savings<\/td>450.000<\/td><\/tr>
    Investments<\/td>550.000<\/td><\/tr>
    Debts<\/td>-\/- 200.000<\/span><\/td><\/tr>
    <\/td>800.000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    Return basis<\/strong><\/td><\/td><\/tr>
    Power<\/td>800.000<\/td><\/tr>
    Tax-free assets<\/td> -\/- 50.000<\/span><\/td><\/tr>
    Basis<\/td>750.000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    Calculation of returns<\/strong><\/td>Savings part<\/strong><\/td>Investment part<\/strong><\/td><\/tr>
    Disc 1<\/td>33.500<\/td>16.500<\/td><\/tr>
    Disc 2<\/td>147.000<\/span><\/td>553.000<\/span><\/td><\/tr>
    <\/td>180.500<\/td>569.500<\/td><\/tr>
    Flat rate of return<\/td>0,03%<\/td>5,69%<\/td><\/tr>
    <\/td>54<\/td>32.405<\/td><\/tr>
    Total return (54 + 32,405)<\/td><\/td>32.459<\/td><\/tr>
    Load (31%)<\/td><\/td>10.062<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Under the restoration of rights, the flat rate of return of \u20ac32,459 is recalculated as follows:<\/p>\n\n\n\n

    Savings<\/td>450.000<\/td>*<\/td>0,01%<\/td>=<\/td>45<\/td><\/tr>
    Investments<\/td>550.000<\/td>*<\/td>5,69%<\/td>=<\/td>31.295<\/td><\/tr>
    Debts<\/td>-\/- 200.000<\/td>*<\/td>2,46%<\/td>=<\/td>-\/- 4.920<\/span><\/td><\/tr>
    Total return<\/td><\/td><\/td><\/td><\/td>26.420<\/td><\/tr>
    Load (31%)<\/td><\/td><\/td><\/td><\/td>8.190<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    The taxpayer in this example will therefore pay less income tax in box 3 in 2021 on the basis of the restoration of rights: \u20ac10,062 -\/- \u20ac8,190 = \u20ac1,872. For this amount, the tax authorities set the assessment lower than calculated in the submitted return.<\/p>\n\n\n\n

    Taxpayers cannot refuse the restoration of rights because it stems from the proper application of the law. Van Rij advises taxpayers who do not need a tax refund to give the tax money received to socially useful purposes. Of course, if the restoration of rights results in a higher amount of income tax due, no additional payment is required, but the income in Box 3 is set at the amount that follows from the law.<\/p>","protected":false},"excerpt":{"rendered":"

    Staatssecretaris Van Rij van Financi\u00ebn heeft in een brief de Kamer aangegeven hoe het rechtsherstel plaats zal vinden voor de mensen die massaal bezwaar hebben gemaakt tegen de heffing van inkomstenbelasting over het inkomen uit sparen en beleggen (box 3). Het Kabinet heeft nog niet besloten of ook rechtsherstel wordt geboden aan mensen die geen […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1213","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/1213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/comments?post=1213"}],"version-history":[{"count":1,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/1213\/revisions"}],"predecessor-version":[{"id":3225,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/1213\/revisions\/3225"}],"wp:attachment":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/media?parent=1213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/categories?post=1213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/tags?post=1213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}