What is the World income (Wereldinkomen) 2023 in the Netherlands?

The World Income Statement (Wereldinkomen) is a document in which income earned both inside and outside the Netherlands is reported. It is related to any subsidy you have applied for with the Tax and Customs Administration (Toeslagen).   1. When do you receive this document? This form is only received from the Tax and Customs…

Read article
What types of allowances are in the Netherlands for individuals, families or self-employed?

The Dutch government provides various types of allowances for residents and non-residents in the Netherlands. The benefit system is designed to support people with low incomes by helping them cover basic costs such as rent, health insurance, day care, unemployment, maternity pay, etc. The 2024 allowances are explained below: Individuals Families Self-employed Individuals INDIVIDUALS 1.…

Read article
What documents must to have for the Dutch income tax return?

We have listed them below, per category:    1. Individuals a) Personal details Your citizen service number (burgerservicenummer, bsn), if applicable, those of your partner and children. Your bank account details (IBAN, preferably a Dutch bank account). Your telephone number. Your home address details. b) Income (worldwide) Your annual payslip (jaaropgaaf 2023). Your annual income…

Read article
Five steps to register as a freelancer in the Netherlands

A) Before Registering as a Self-Employed Person 1.Check if you are an entrepreneur You want to register, but is it really necessary? See the 3 criteria and the 4 control questions to verify this. 1.1. Criteria of a business a. You provide services and/or products. b. You charge more for this than the cost price:…

Read article
Provisional tax assessment 2023 (Voorlopige Aanslag)

1. About the Invitation Tax authorities (Belastingdienst) estimate in advance, based on your income from two years ago, i.e., the year 2022, how much income tax you will have to pay in the year 2024. That’s why they send you a provisional assessment for 2024 in January 2024. This is a mandatory invitation. The advantage…

Read article