{"id":1235,"date":"2022-06-30T20:25:51","date_gmt":"2022-06-30T18:25:51","guid":{"rendered":"https:\/\/vwg.nl\/uncategorized\/besluit-rechtsherstel-box-3\/"},"modified":"2026-03-03T10:34:16","modified_gmt":"2026-03-03T09:34:16","slug":"decision-on-the-restoration-of-rights-under-box-3","status":"publish","type":"post","link":"https:\/\/vwg.nl\/en\/besluit-rechtsherstel-box-3\/","title":{"rendered":"Decision on the restoration of tax rights under Box 3"},"content":{"rendered":"<p class=\"wp-block-paragraph\">State Secretary for Finance Van Rij has a <a href=\"https:\/\/www.rijksoverheid.nl\/documenten\/kamerstukken\/2022\/06\/30\/beleidsbesluit-rechtsherstel-box-3\" target=\"_blank\" rel=\"noreferrer noopener\">decision<\/a> has been published, setting out how the Tax and Customs Administration intends to provide the redress demanded by the Supreme Court in the so-called \u2018Kerst\u2019 judgement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2017 to 2022 inclusive<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This scheme will apply to all income tax and national insurance contributions assessments for the years 2017 to 2022 inclusive, which had not yet become final as at 24 December 2021. This concerns assessments:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>against which a timely objection has been lodged by registered post (and which form part of the so-called mass objection);<\/li><li>assessments which had not yet been issued by 24 December 2021, or for which the time limit for lodging an objection had not yet expired on that date.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Flat-rate savings variant<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Van Rij has previously indicated that he will apply the flat-rate savings option for the restoration of rights. The rates of return to be applied in this context have also been announced previously. See our article <a href=\"https:\/\/vwg.nl\/en\/nieuws\/box-3-recovery-for-mass-objectors\/\" target=\"_blank\" rel=\"noreferrer noopener\">Restore box 3 for mass objectors<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The redress will be granted automatically. Taxpayers who are entitled to it under the decision will be notified automatically. Those who did lodge an objection in time but do not qualify for the flat-rate savings scheme will be informed that the tax assessment will not be adjusted.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Example<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In a number of examples accompanying the decision, Van Rij explains the four steps required to calculate the amount of income from savings and investments (Box 3) that is subject to tax under the flat-rate savings scheme. The first example concerns a taxpayer without a partner, whose assets in Box 3 in 2021 consist of savings of \u20ac110,000, investments of \u20ac100,000 and debts of \u20ac10,000. The return base is therefore \u20ac200,000 and the savings and investment base (after deduction of the tax-free allowance) is \u20ac150,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 1<\/strong>: <em>divide into 3 categories<\/em>. This results in the following figures: \u20ac110,000 for the \u2018bank balances\u2019 category, \u20ac100,000 for the \u2018investments\u2019 category and \u20ac10,000 for the \u2018debts\u2019 category (after applying the debt threshold).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 2:<\/strong> <em>calculate the return<\/em>n. The flat-rate return on the \u2018bank deposits\u2019 category is 0.01%: \u20ac11; the flat-rate return on investments is 5.69%: \u20ac5,690 and the flat-rate return on liabilities is 2.46%: \u20ac245. The total flat-rate return is  therefore: \u20ac11 + \u20ac5,690 \u2013 \u20ac246 = \u20ac5,455.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 3<\/strong>: <em>calculate the rate of return<\/em>: \u20ac 5.455 \/ \u20ac 200.000 = 2,7275%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 4<\/strong>: <em>Calculate a new saving and investment benefit<\/em>: 2.7275% * \u20ac150,000 = \u20ac4,091.25. A calculation based on the statutory system for 2021 results in a Box 3 income of \u20ac5,450.30. The tax on Box 3 will therefore be set at \u20ac4,091 in the tax assessment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For further examples, please refer to the <a href=\"https:\/\/www.rijksoverheid.nl\/documenten\/kamerstukken\/2022\/06\/30\/beleidsbesluit-rechtsherstel-box-3\" target=\"_blank\" rel=\"noreferrer noopener\">decision<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Don\u2019t you agree?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Taxpayers who disagree with the redress offered under the flat-rate savings scheme may, of course, bring the matter before the tax court. It is therefore important to take the appropriate action in good time. VWG can, of course, assist you with this. Whether this will lead to additional compensation is, of course, highly uncertain at this stage.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Taxpayers who have not lodged an objection to final tax assessments in time must wait to see whether the Ministry of Finance is prepared to grant an ex officio reduction. This issue is currently under political consideration. A request for an ex officio reduction must be submitted within five years of the tax year in question. For the 2017 tax year, this deadline expires on 31 December 2022. There is therefore still some time to wait and see.<\/p>","protected":false},"excerpt":{"rendered":"<p>Staatssecretaris van Financi\u00ebn Van Rij heeft een besluit gepubliceerd waarin wordt beschreven hoe de Belastingdienst het door de Hoge Raad in het zogeheten Kerstarrest ge\u00ebiste rechtsherstel gaat bieden. 2017 tot en met 2022 Deze regeling gaat gelden voor alle aanslagen inkomstenbelasting\/premie volksverzekeringen voor de jaren 2017 tot en met 2022, die op 24 december 2021 [&hellip;]<\/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-1235","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/1235","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=1235"}],"version-history":[{"count":0,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/1235\/revisions"}],"wp:attachment":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/media?parent=1235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/categories?post=1235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/tags?post=1235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}