Expat pension
You are living in the Netherlands, and are about to receive a pension from abroad. You would like to know if your foreign pension will be taxed in The Netherlands, and what the best way is to declare it. Or perhaps you are to receive a Dutch pension, whilst living outside of the Netherlands. You will want to make sure your pension is not being double taxed. This doesn’t only depend on the tax treaty, but also on the type of pension.
Expat pension
We can help you in cases like these:
- You live in the Netherlands and receive a foreign pension, e.g. a 401K. and would clarity on the consequences with regards to taxation;
- You live in the Netherlands and receive a pension from an international organization such as the United Nations or NATO;
- You have received a ‘conserverende aanslag’ from the Dutch Tax Office;
- You live abroad and you receive a pension or a benefit from The Netherlands;
- You live in the Netherlands, and expect to receive your foreign pension as a lumpsum payment;
- You live in the Netherlands, and wish to make additional voluntary pension contributions.
Your situation
In the situations mentioned above it is wise to let an international tax advisor have a look at your situation. We can advise you on the possibilities according to the Dutch and treaty tax rules and look after your pension. For advice regarding the national tax system of another country, a local advisor will have to be employed, who knows all the ins and outs of this. We have access to a vast, international network of advisors.
About our services
If you are receiving a pension from another country while residing in the Netherlands, or vice versa, it’s crucial to ensure that your actions are in full compliance with the applicable regulations to avoid any issues. The Tax Office can impose high penalties if your affairs aren’t in order and presented correctly.
We would be happy to handle your tax returns and ensure that all applicable tax exemptions and benefits are used to your maximum advantage. In addition, we can help you recover any overpaid tax on your pension or benefit and, where applicable, request an exemption from wages tax withholding by your Dutch pension provider.
The importance of hiring an international tax advisor
If you are receiving pension from abroad in the Netherlands or vice versa, you will want to know for certain that what you are doing is done correctly, as you must be compliant. The Tax Office can impose high penalties if your affairs aren’t in order and presented correctly.
At our office you can be certain that you will be supported by experienced advisors and who will provide you with expert tax advice.
Your tax returns can be looked after and depending on the type of your pension we will look into any tax exemptions and advantages that can be used. Or if your pension is being paid out in lump sum we can advise also.
Read all about what will happen to your pension if you transfer this to a different country here.
Who are Suurmond Tax Consultants
Since 1986 expat and business tax advice in relation to the Netherlands is one of our areas if expertise we provide to our individual and/ or business clients.
In addition, we can also assist in a variety of other cross-border situations. We will ensure you are compliant as well and that you pay no more tax than needed. Examples include advising clients as to starting a business in The Netherlands, accounting, property tax, and amnesty ruling. We file all types of tax returns and specialise for example in the 30% ruling and 183-days rule consequences. The value we can add with our fiscal advice, is a key focus point to us. Also, what should not be overlooked, is the fact that a correct tax return will prevent future issues and penalties. This is essential when moving to a new country, or when setting up a business in a new country.
Contact
J.C. Suurmond & zn. Tax Consultants
Zwarte Zee 100
3144 DE Maassluis
T: +31 (0)10-3033701
E: taxadvice@jcsuurmond.nl
Newsletter
Want to receive tax tips and news? Click below to subscribe!
General information
CoC register: 94340072
VAT: NL866740983B01