December 27, 2021
Tax changes from 1 January 2022 in the Netherlands
It is extremely important for our community of parents of our children to be aware of current events in our country. With this in mind we have brought you this article.
Several tax measures will change from next year in the Netherlands and in this are the most important changes as published on the official website of the Dutch government.
Work from home costs
Due to the crisis of the Covid, many people work from home. Many employees and employers want to make arrangements to continue working (partly) from home after the crisis. That is why it is possible that from 1 January 2022 there will be a tax-free allowance for the costs of teleworking (working from home) of 2 € per day.
This is based on a calculation by Nibud of the average additional costs per day that a worker has when working from home, e.g. including expenses for coffee and heating. Employers and employees can reach agreements on which days the employee works from home and which days in the office. Based on this, the employer can grant a fixed financial compensation. This allowance does not have to be adjusted if the additional work is done in the office on a working day at home, or vice versa. on the tax-free teleworking (working from home) allowance of a maximum of €2 per day.
The owner's main residence
As from 1 January 2022, the owner-occupier's main housing scheme will be adjusted in 3 parts. The regulation becomes fairer by removing unintended restrictions on the mortgage interest deduction. For example, for people who buy a house together with another person and who, prior to this, also had an owner-occupied house.
The scheme will also apply to people who own a house with a partner who is deceased. For example, in more cases it will be possible to get an interest deduction for the full amount of the house purchase debt.
Deductions
Tax deductions will fall to 40% in 2022 (from 43%). Higher incomes (above €69,398) will therefore benefit less from deductible items such as the mortgage interest deduction, the self-employed deduction and personal deductions.
From 1 January 2022, the self-employed deduction will be reduced from €6,670 to €6,310. The self-employed deduction will be progressively reduced in the coming years to €3,240 in 2036.
Tax for companies
The first corporate tax rate bracket will be increased from €245,000 to €395,000. The corporate tax rate for profits in the first rate bracket remains at 15%. The rate for profits falling in the second rate bracket will be increased in 2022 from 25% to 25.8%.
Fight against tax evasion
Companies that are subject to corporate income tax will be able to offset more limited losses from 2022. This was advice from the Advisory Committee on the Taxation of Multinationals and this ensures that companies making profits in the Netherlands pay tax on this. From next year, companies will be able to write off losses up to €1,000,000 of the profit and losses above that amount can only be written off with 50% of the profit. The 6-year deadline will expire.
So-called hybrid mismatches will be further addressed. Hybrid mismatches allowed companies to deduct a payment in one country from their taxes without having to pay taxes in the other, or to deduct 1 payment in several countries. From 2022, the profit relief measure will also be tightened. This measure limits companies to the interest they can deduct from taxable profit. This deduction percentage will increase from 30% to 20% in 2022.
Car taxes
Due to the expected technological development of passenger cars, CO2 limits and CO2 rates in the GMP are being tightened. The BPM stands for "passenger car and motorbike tax". The sale of emission-free cars (such as electric cars and hydrogen cars) will continue to be encouraged, which means that the discount on their purchase will be maintained until 2025.
However, the 'cap', the maximum value of the car to which the additional discount applies, will be reduced earlier than agreed in the Climate Agreement. From 1 January 2022, the applicable 6% discount will apply to a limit of €35,000 and from 2023 to a limit of €30,000. For the remaining amount above the limit, the normal add-on rate of 22% will continue to apply. In addition, a number of changes are being made to the BPM vehicles, in order to address bottlenecks in the import of goods.