Declaration of actual return

Taxpayers whose actual return is lower than the fictitious return may now choose to report their actual return to the Tax Office by submitting a ‘declaration of actual return’. The actual return must be substantiated and specified for each individual asset category. Preparing this declaration requires an extensive analysis of your assets, as both the income received and the realised and unrealised capital gains for each asset category must be calculated.

For certain categories of assets, fictitious assumptions still apply — for example, the WOZ value and the vacancy value (‘leegwaarderatio’) for rented properties. The precise application of the rules has not yet been fully clarified in several respects.

Application per asset category

For each category, different rules apply:

Bank and savings deposits: Here, the actual interest income you have received is considered. This requires an overview of all accounts and corresponding statements. If the account is in foreign currency, transactions during the year must be converted into euros in order to determine the foreign exchange result.
Investments (shares, bonds, investment funds, etc.): Here, both dividend and other income and realized and unrealized capital gains (or losses) must be determined. This means that all purchases and sales of securities must be recorded, including transaction dates and values. If the account is in foreign currency, transactions during the year must be converted into euros in order to determine the foreign exchange result.
Real estate (excluding your own home): For rented property we must calculate rental income as well as any (realized and unrealized) value changes. Specific valuation rules also apply here, such as the vacancy value ratio (leegwaarderatio) and WOZ-value (official property valuation). In case of changes during the year, such as purchase or sale, changes in value are calculated on a proportionate basis.
Receivables and debts: Interest income or expenses must be recorded here, as well as any repayments or value changes. If foreign currency is involved, the foreign exchange result must also be determined.
Other assets: This includes, for example, cash, crypto assets, or valuable possessions. Correct valuations and income must also be determined for these in accordance with the applicable regulations.

These calculations are labour-intensive and require careful substantiation with documentation and supporting evidence. Bank statements, annual statements, securities reports, WOZ assessments, and other relevant documents will therefore need to be collected and included in the declaration.

For which years

The Declaration of actual return may be submitted for all years for which the tax assessment had not become final and irrevocable at the time of the Supreme Court’s ruling of 24 December 2021. In addition, it applies to years in which an objection was filed against the final assessment and for which a request for reassessment was submitted within the five-year period. Since it is possible to choose between the fictitious return and the actual return each calendar year again, there are often opportunities to optimise the tax burden.

In practice

If the WOZ value of a second home or holiday home has increased substantially, a reduction will in most cases not be possible. This also highlights the importance of the WOZ value: if it has been set on the high side, this is an additional reason to file an objection against the annual municipal assessment in which the WOZ value is determined. The same applies to an investment portfolio: in the case of a significant increase in asset value, the fictitious return will likely be more favourable, and vice versa. Naturally, the final outcome depends on the complete picture per year including other asset categories involved.

Update box 3 developments

For years, legal proceedings have taken place over the fictitious method of taxing Box 3 assets. The system assumed a fictitious return that was considerably higher than the interest actually earned on savings accounts. In December 2021, however, the Dutch Supreme Court ruled that the fictitious calculation for Box 3 in 2017 and 2018 imposed a disproportionate burden and therefore violated the human rights convention. According to the Supreme Court, taxpayers who lodged an objection must be granted legal restitution.

On 6 June 2024, the Supreme Court ruled that the renewed fictitious levy still violates the human rights convention. As a result, the Dutch Tax Authority has introduced a new scheme that more closely estimates actual returns. Because determining the actual return is often complex in practice, the new system is intricate and still contains fictitious elements. If the outcome of this method is more favourable than that of the fictitious system, taxpayers may opt for this approach. For a detailed explanation of this system, see the section Declaration of actual return.

This scheme anticipates a completely new Box 3 tax based on actual returns. Its introduction is currently expected in 2028.

Changes Box 3 – Benefit from savings and investments

As in 2025, the system based on a fictitious return will in principle also apply in 2026. Under this system, the categories of savings, other assets, and debts each have their own fictitious return percentage. The tax-free allowance will be increased from €57,000 in 2025 to €59,357 in 2026 – for tax partners, the allowance applies per partner. Based on the asset mix, an average return is calculated over the total assets.

The fictitious return for the category ‘other assets’ – which includes items such as shares, bonds, and real estate – will be slightly increased in 2026 to 6%. The tax rate on the fictitious return in Box 3 was 36% in 2025, and this rate will remain unchanged in 2026.

Below is an overview of the box 3 tax under the new system for 2025 and 2026:

Box 3 tax	2025	2026
Asset category	Fictitious income	Fictitious income
Bank accounts	1,44%*	1,5%*
Debts	2,62%*	2,5%*
Other assets	5,88%	6%

*Exact percentage will be announced in the beginning of 2026 and 2027

Update box 3 developments

This scheme anticipates a completely new Box 3 tax based on actual returns. Its introduction is currently expected in 2028.

Changes Box 1 Tax – Income from work and first-residence property

In 2026, there will be no major changes to income tax in Box 1. The below chart gives an overview of Box 1 income tax in 2025 and 2026:

Income Tax – AOW not reached	2025	Income Tax – AOW not reached	2026
First bracket up to € 38.441	35,82%	First bracket up to € 38.441	35,82%
Second bracket € 38.441 – € 76.817	37,48%	Second bracket from € 38.441 – € 76.816	37,48%
Third bracket from € 76.817	49,50%	Third bracket from € 78.426	49,50%

For taxpayers who have reached the state pension age the following rates and brackets apply for 2024 and 2025:

Income Tax – AOW reached	2025	Income Tax – AOW reached	2026
First bracket up to € 38.441	17,92%	First bracket up to € 38.883	17,80%
Second bracket: € 38.441 – € 76.817	37,48%	Second bracket: € 38.883 – € 78.426	37,56%
Third bracket from € 76.817	49,50%	Third bracket from € 78.426	49,50%

*other brackets apply to people born before 1 January 1946. For box 2 rates, please
refer to the business section of the newsletter.

Tax Plan Summary

The current government has presented the Tax Plan for 2026. While there are no major structural changes, several smaller measures may nonetheless have noticeable effects in specific situations.

For example, the transfer tax on second homes (Box 3 properties) will be reduced from 10.4% to 8%. This provides some benefit for private investors. On the other hand, from 2027 onwards, a substantial additional levy will be introduced for non-electric company cars made available to employees. This measure will represent a significant cost for employers, especially as it is added on top of the existing taxable private use tax.

The Box 3 tax continues to generate debate. Following multiple court rulings in recent years, the Dutch Tax Authority had to develop an alternative to the fictitious return. With the introduction of the ‘declaration of actual return’ form, a step seems to have been taken toward a more reality-based taxation system. However, this system is not yet fully based on actual returns: costs are not deductible, and some valuations remain fictitious, such as the mandatory use of the WOZ value (property valuation).

Since value increases are taken into account, the scheme can be particularly favourable in cases of declining values, such as a lower WOZ value or poor stock market performance. Increases, however, often work to taxpayers’ disadvantage. In certain situations, filing an appeal against the WOZ assessment can therefore be worthwhile, though timing is crucial. The underlying calculation is complex and requires a careful assessment of different asset categories, taking numerous factors into account. Of course, we are happy to assist you with this. Are you expecting a refund for 2020? Please note that a request for a tax reassessment must be submitted by 31 December 2025 due to the expiration of the five-year term.

In addition to the collective appeal procedure for the Box 3 tax, a similar procedure exists for the current tax interest system. If a large amount of interest is charged on an assessment, it is possible to join this procedure by submitting a timely objection.

Find more information about these topics in the newsletter.

The 2025 corporate tax rates will remain the same as for 2024:

Corporate tax 2025	2026
First bracket up to € 200.000	19%
Second bracket from € 200.000	25,8%

Of course, you don’t want to miss out on any tax benefits in the Netherlands that you are entitled to. In that case, you need to file a tax return and make sure this is done correctly. You can file a tax return for 2022 (from March 2023), 2021, and previous years, till five years back. Take a step in the right direction and contact us to file your tax return. No complicated online forms to be filled in, but personal and proactive service. Our tax consultants are passionate about seeking ways to optimize your tax return in the Netherlands.

How do you know if you need to file a tax return?

Even if you have not received an invitation to submit a tax return in the Netherlands, it is important to have your tax situation checked by a specialized expat tax advisor. You can contact us to check if it would be worthwhile for you to file a tax return. We will ask you the right questions to get the full picture of your tax situation. This way we can check all your tax-saving possibilities and you won’t miss any tax refund opportunities while filing your Dutch tax return. If you have your tax return automatically done by your employer in the Netherlands or a firm hired by them you can also come to us for a second opinion.

When is the deadline?

We will be pleased to look after the preparation of your tax return. The deadline is May 1st, but we will request an extension till May 1st next year for submitting your tax return. since we receive many tax return requests during this period. We will process the tax returns in the order in which they are received as much as possible. Do you have a specific reason why the tax return must be filed quicker? We will take this into account when scheduling the tax return. If you include information about possible deductible expenses and other relevant
changes in your situation we can optimize your tax return as much as possible.

Why use a tax advisor?

Our advisors understand that you do not wish to pay more tax than necessary and aim for a maximum tax benefit in your situation. Equally important, we also want to make sure that you are fully compliant. Some tax obligations are easily overlooked since you may not be aware of your responsibilities and the impact of certain actions on your taxes. While paying less tax may seem nice short term, unpaid tax can lead to a high tax bill with fines – up to 300% – and interest in the future. It is therefore important that you inform us as well as possible about your situation, questions, and challenges; you remain responsible for a correct declaration. With our long-term focus, we can advise you proactively as your situation changes. Filing your own tax return or even worse making use of a budget tax return service may seem profitable at first, but there is a good chance that you pay the bill for this later.

Tax return in the Netherlands: which deductions

J.C. Suurmond & zn. Tax consultants are experts in expat tax matters and will make sure the optimum tax status is applied for. We will check whether all tax deductions, credits and allowances, applicable to your situation, are made use of. Regular Dutch tax return deductions are for example:

mortgage interest deduction
educational costs (also of your children or partner),
charitable giving
alimony
non-compensated health costs

In a proactive way you will be advised of your personal tax saving possibilities, which will be processed in the income tax return. As we provide a complete tax return service, we will also check the tax assessments that follow and appeal if needed to make sure your tax affairs are settled correctly.

Which tax form should you file?

The regular tax form is a P-form. In immigration or emigration situations however, an extensive M-form has to be submitted. This is a more extensive Dutch tax return form and has to be submitted on paper. In a situation where you only lived in the Netherlands very short or merely worked in the Netherlands, a C-form for non-domestic taxation may apply. The M-form and C-form often give opportunity for refunds. With help of our direct line to the inspectors at the tax inspectorate for expats in Heerlen, we can check what Dutch tax return needs to be submitted in your situation.
We also take care of other tax forms, for example the request for a provisional refund for mortgage relief, which results in a monthly refund instead of a lump sum after the end of the year.

Examples of tax return situations

Instead of receiving a sizeable rebate you apparantly own the Dutch tax office money.

After completing your last tax assessment yourself it appeared that you would receive a sizeable rebate, but you have recently received a letter stating you owed the tax office €5500. You are quite puzzled and want to have an expert look at it properly.

It is possible that the final assessment turns out different, in this case disadvantageous for you. If you have filed the tax return yourself you may have missed some tax deduction possibilities. You can send us a copy of the tax return that you filed as well as your December pay slip and finally the correspondence that you have now received from the tax office. We will check what happened and what we can do for you.

In 2021 you worked 6 months in a Rotterdam office and need to do the taxes for this time.

In 2021 you worked 6 months in a Rotterdam office and need to do the taxes for this time. You did not live in the Netherlands prior to this job.

If you were a single taxpayer the refund entitlement for 2021 may be just over € 4000. We will be glad to start the process to reclaim this amount. We will look after the communication with the tax office until the refund is in your bank account.

When it comes to your tax affairs we understand that you are looking for a trusted tax advisor with a proactive, long term focus and personal service. Our experienced tax advisors can help you understand your tax situation and explore ways to optimize your taxes. We are happy to support you with tax advice if you are in situations like these:

Moving (back) to the Netherlands;
Assets or property in the Netherlands and/ or abroad;
30% ruling end;
Covid-19 impact on working and living situation;
Pension taxable elsewhere;
Emigration affecting your tax position;
Need to submit your NL tax returns (for several years);
Unexpected huge tax assessment;
Filing an M-form after leaving the Netherlands;
Buying, selling or renting a (second) house.

How can we help you save money on taxes?

Each international tax situation is unique, amongst others depending on the country you live or generate income from. We are happy to help you optimize your Dutch tax situation by looking at tax saving possibilities in your specific situation or possible scenarios, and understanding how the possible tax treaty works in your situation. We provide tax services like:

Tax advice on the tax impact and benefits of several scenarios;
Minimizing Dutch tax on your income and assets;
Tax filing for several years without missing any tax refund opportunity;
Strategic plan for taxes both in the Netherlands and abroad;
Minimizing tax consequences in (un)expected international working and living situations;
Negotiations with the Dutch Tax office.

What’s it worth?

As qualified advisors we want to be fully aware of your situation to make maximum use of existing Dutch tax regulations and international tax treaties. From our experience we know that a budget cost tax return service may seem profitable at first, but there is a chance that something important is missed. Especially if your situation is more complex. We have claimed back € 50.000 on income tax for a US client with a complex international situation who used an online tax return service for several years and missed out on one important tax refund possibility.

How does it work?

If you have a tax question please send us an email or fill in the contact form with as much details as possible. One of our advisors will get back to you and indicate what is important in your situation, what we can do for you and what the hourly rates are. Our hourly rates range from € 175 to € 235 plus 21% VAT, depending on your situation.

Tax advice example situations

You need some advice to get an understanding of the potential options and tax implications of your situation.

You need some advice to get an understanding of the potential options and tax implications of your situation. You are wondering if we are able to help you with the above scenarios so you get a full understanding of what your options are and what the most cost-effective scenario is. You have accepted a job at an international organization in The Netherlands and will have the corresponding Privileges & Immunities. Your wife works for a UK employer and wants to work from the Dutch office from her employer. The employer though has let her know that they want to retain her on a UK employment contract. Is it possible for her to move to The Netherlands and be resident here but still be employed on a UK employment contract?

If your wife moves to NL and works for the UK employer from NL the results in the obligation for the UK employer to set up a Dutch payroll as this is the only way to make sure the social security contributions (unemployment benefit and disablement insurance) are paid. This option would come with the benefit of the 30% ruling which becomes possible if your wife moves to fulfill a Dutch role. We can register the employer as a withholding agent and look after the employment contract, payroll set up, and monthly payslips and wages tax returns. It does involve some expense but it is then set up correctly which is a benefit both to your wife and to the employer. If the expense is an issue this could be taken off your wifes’ salary. This will be more than made up with the 30% tax-free component.

What happens if you relocate to Switzerland for work, but your family stays in NL?

You and your family live in the Netherlands for 7 years now and own a house in Amstelveen. You are working on a Dutch payroll for your UK employer. You have been asked to relocate to Switzerland. You would like to understand tax implications in case you would relocate to Switzerland and your family stays in the Netherlands. You would be spending weekends in NL.

In the situation, you mention your center of life will remain in NL as this is where your family lives, where you own your home, etc. Consequently, you remain taxable for your worldwide income and assets. There is a treaty with Switzerland that intends to prevent double taxation but it is important to apply this correctly. For example, it is important whether you only work in Switzerland and if it is a Swiss payroll or not.

You need to understand what the possible Dutch Taxations are based on your family situation in case you move back to NL.

You and your wife and 3 children are currently living in South Africa. You are working for a local company there. You are originally from the Netherlands and all your family members have the Dutch nationality. You are planning to move back to NL and buy a property in the NL. You are considering two options and want to know the tax consequences of both options are: moving back with the whole family or you staying in South Africa and your wife and children moving to the NL. You have some property and assets abroad. To be able to make the final decision, you need to understand what are the possible Dutch Taxations based on your family situation in case you move back to NL.

Please note that upon immigration to the NL you will become taxable for your worldwide income and wealth here. If you remain physically working in South Africa and tax is paid locally double taxation deduction may be granted. Alternatively, you may consider splitting your tax status.

Your family is moving back to NL and you want tax advice on whether to join them or to continue living abroad in your work country.

You and your wife and 3 children are currently living in South Africa. You are working for a local company there. You are originally from The Netherlands. You are planning to move back to NL and buy a property in the NL. You are considering two options and want to know the tax consequences of both options are: moving back with the whole family or you staying in South Africa and your wife and children moving to the NL. You have some property and assets abroad. To be able to make the final decision, you need to understand what the possible Dutch Taxations based on your family situation are in case you move back to NL.

Thank you for your email. We will be glad to help. Please note that upon immigration you will become taxable for your worldwide income and wealth in the Netherlands since your center of life will be in NL. If your family moves to NL and you remain physically working in South Africa and tax is paid locally double taxation deduction may be granted. Alternatively, we may consider splitting your tax status. We would be glad to check out what the possibilities are.

Where do you need to pay tax if you live in the UK, but work for a Dutch company?

You have been offered a position with a Dutch company in Rotterdam. You currently live and work in the UK and the company does not require you to be present in the office to do your job. You are wondering if you can be a full-time employee of the Dutch company and work from Ireland and whether you need to file an Irish tax return or also a Dutch one in that case.

Many thanks for your email. We will be glad to help. Would the NL employer have a fixed establishment in the UK and be able to put you on an Irish payroll? You will need some advice in the UK on how to make sure income tax and social security are paid in the UK. In NL it would be important that no Dutch tax is withheld etc. Is this something the NL employer is offering?

You are wondering about your tax status when your girlfriend is mainly working and living abroad.

You are working as an international in the Netherlands for 3 years now and are benefiting from the 30% ruling. Your partner is an Australian citizen and is working and living mainly in Australia. She does have a residence permit though and is registered at the same address as you are in Amsterdam. She spends the majority of her time in Australia which is her main residence. You would like to have some tax advice regarding some of the questions on the tax declaration form, e.g., declaration of assets abroad and tax implications in connection with my partner.

Could I suggest you send me a copy of your last tax return? I assume the 30% ruling is applicable for a further 2 years? Some important questions to get a clearer picture of your tax status are: Does your partner also work in NL? It does not seem she is a fiscal partner? No registered partnership, no children together, not living in a jointly owned property, etc. Does she have to be registered with the town hall? How many days per year is she physically in NL? These issues are important regarding your tax status.

Make sure your M form is filed correctly and tax-efficient. Mistakes are easily made and can unnecessarily cost you a lot of money. Our expert tax advisors are happy to help you save money, time, and worries.

How does it work and what does it cost?

Would you like to know more about the possibilities of having us complete your M form? Send us an email or fill in the contact form and describe your situation and questions. One of our advisers will then indicate by email what we can do for you, what the hourly rates are and how many hours we estimate we need in your situation. For the M form, we usually need 2 to 4 hours in standard situations.

Do you want to get a better picture of what we can do for you? Check the example situations.

Do you need to file the M-form?

Do you want to know if you should apply for the M form in your situation? The M form must be submitted for the year in which you enter or leave the Netherlands. In most cases you will automatically receive an M form from the tax authorities. If you do not automatically receive the M form, it can also be requested. Not sure whether to submit an M form; then let us review your migration situation. An M form can be requested and completed up to 5 years ago.

What can we do for you?

In a migration year there are often extra options for tax benefits. But these are easily missed. The M form has been expanded and a costly mistake is easily made. As experienced tax advisers, we take care of the M form for you, so that you can be sure that it has been filed correctly and tax-efficient. We look at your entire situation so that we do not miss any opportunities for tax benefits, but also do not overlook tax obligations. We do not offer assistance if you want to file the M form yourself.

What about the deadline?

In most cases, the deadline for the declaration is July 1. If you let us take care of your M-tax return, we usually request an extension. After completing the form, it will take a few months before you receive a provisional assessment. It can then take up to three years before you receive the final assessment. If you would like to outsource the completion of the M declaration to us or submit your situation to us first, please contact us.

Examples of M form situations in the Netherlands

You have filed a regular tax return instead of an M form for your first year in the NL.

You started working in August 2020 in Rotterdam. You did not receive a notification to file a tax return but wanted to file it anyway. At first, you wanted to file an M form but you did not understand dutch and were not sure. Since on the Belastingdienst website you saw that you could submit your tax return as well and that all my data was already filed, you submitted it this way. It was accepted and returned to you. However, your colleagues told you again that for the first year working in NL you need to submit the M form anyways. And that probably next year the Tax office will ask back what was returned to you now.

We assume that the assessment you received was provisional and that it could yet change. It could be that your refund was too high or not high enough. Please send us a copy of your submitted tax return as well as your immigration date, annual salary statement and December pay slip. We will then have a look and advise what should be done.

You have to file an M-form for your last year in the Netherlands in which you received no income here anymore but only kept an apartment.

You are a Greek national that lived in the Netherlands from 2014 until 2020 working full time in a company with a fixed salary. You moved back to Greece on January 1st, 2020. In that year you did not receive any income in the Netherlands, but you did keep your apartment until July 2019 and then deregistered from the council in Amsterdam. You originally filed a regular tax return for 2020, but received an M-form from the tax authorities, notifying me that an M-form is the only tax return form they will accept in my case. What can our office do for you in this case?

It may be advantageous to correct the emigration date to the beginning of the year 2020. Would you please send us a copy of your 2019 tax return as well as a copy of the 2020 tax return that you submitted incorrectly? In this case, it is already important whether the property was already for sale since January 1st, 2020.

You have never filed an M-form and this has consequences for your later tax returns.

You are an Italian ex-pat living in the Netherlands. You moved to the Netherlands in 2018 for your studies and started working in the Netherlands in 2019. You have declared your tax returns from 2018 (till 2020) yourself but never filed an M-form. In your 2020 tax return, you deducted your study costs. Initially, you received tax back, but later the Tax office asked you to pay the received amount back to them. Their reason is that you never filed an M-form and never declared these study costs before. You want to know how to proceed.

In your situation indeed an M-form needs to be submitted for 2018,, appeal against the 2019 final assessment is needed, appeal against the 2020 final assessment, and consequently submitting the 2021 tax return. If you would like to proceed we will send you a list with information that we need.

Do you need to file an M form together with your partner or separately?

You emigrated or immigrated together with your partner. You are tax partners. Is it sufficient if you process your partner’s data and income in the M declaration, or does your partner have to fill in an M form?

In the event of migration, it is necessary that both taxpayers submit an M form.

During your emigration year, you worked partly as an employee and partly as a self-employed person.

In the year in which you emigrated, you partly worked in the Netherlands as an employee and partly from your own company. You are wondering how to file your M form.

With your emigration, the sole proprietorship has also moved and should be deregistered. A sole proprietorship is not a separate entity. Annual accounts should be prepared for the Dutch period in the migration year and then the company should be deregistered. In a number of cases, a Dutch EMS can continue to exist.

Do you have to fill in an M form after emigration if your family continues to live in the Netherlands?

You moved back to your home country last year for work. Your family remained in The Netherlands to finish school. You visited your family regularly. You have deregistered from The Netherlands and received an M form from the tax authorities with the request to complete it. Is this correct?

Since your family still lived in the Netherlands, your life center was still in the Netherlands. In that case, you remain taxable in the Netherlands. An exemption can then be requested for the days worked in England, as well as for the national insurance contributions. consequently, your deregistration and the M-form may not be correct.

You did not registered until a year after immigration. For which year do you have to fill in an M form?

You moved to live and work in The Netherlands in 2020. However, you did not register in the Netherlands until 2021. You subsequently received an M-ticket for 2021.

In your situation, a bill of exchange may need to be applied because you have in fact already emigrated in a previous year. In practice, however, exchanging a banknote at the tax authorities is often difficult.

Are you leaving the Netherlands (again)? Do you want to know how to optimize your moving situation tax-wise? If you seek tax advice in an early stage you can make maximum use of tax refund opportunities.

Change in tax status

Do you still have income from or assets in the Netherlands after your move? In that case you will still have to pay income tax in the Netherlands but as a non-resident taxpayer. We can advise you on how to structure things in a tax-efficient way. Do not forget to deregister with the city council when you are leaving the Netherlands. If you forget to deregister, the tax authorities will continue to view you as a domestic taxpayer, and tax you as such.

Sell of keep your house after leaving the Netherlands?

If you own houses in more than one country it can be quite complicated to oversee what is the best step to take. We can advise you whether it is more profitable tax-wise to sell or keep the house when you leave the Netherlands. And in case you keep it, whether renting it out or keeping it for your own use is best.

M form

For the year in which you have left the Netherlands, you will have to file an M form. This form gives you several extra refund opportunities. It is important to have your entire situation carefully considered since costly mistakes are easily made. Our tax advisors can help you with filing the M form correctly and make sure you do not miss any tax refunds.

Example situations of leaving the Netherlands

Should you emigrate to Qatar at the same time as your wife to avoid paying tax in NL?

You are planning to move to Qatar for work next February. You are still wondering if your wife and two children should move at the same time as you or finish the school year in the Netherlands and move this summer. This will also depend on the tax implications; you want to avoid paying tax in the Netherlands.

In the ideal situation, you deregister together at the same time prior to receiving income from the UAE. In that case, your tax liability in the Netherlands will stop in Februari (Except housing tax in case you still own a house in NL). If your wife and children stay in the Netherlands for a while you are still taxable in NL since your family lives in NL and thus your center of life is in NL. This leads to tax liability in NL. If you choose this scenario we can advise you on double taxation relief possibilities.

What are the tax implications when retiring and leaving the Netherlands?

You and your wife are from the UK and have been living in NL for the last 12 years. You will stop working at the end of next month and want to understand the taxation impact of leaving the Netherlands this year or staying in the NL for another year. You have considerable savings and investments.

We will be glad to help and sort out the tax implications of both options. It depends on whether you will also receive a pension from the UK, where you will be spending the most time, and if you also have property here and/ or in the UK.