
Tax deductions 2025
The following deductions are available in the 2025 Income Tax return to reduce your taxable income
- mortgage interest of your first residence (owner-occupied home)
- life annuity premiums (if deposited before 1st July 2026)
- non-reimbursed health care expenses (including medical assistance, prescribed medication and travel expenses for hospital visits)
- financial obligations to ex-spouse i.e. in the form of alimony
- gifts or donations to recognized charities (refer to the ANBI list)
- travel expenses for regular commuting by public transport
- weekend expenses for taking care of disabled relatives
Please note that for some of the tax deductions a threshold or other conditions may apply. The expenses may therefore not be fully deductible. If you incurred expenses that may qualify, please do not hesitate to contact us.
