Prinsjesdag 2024: Most Important Changes in the 2025 Dutch Budget

How Will Impact Your Wallet?

2024-09-19 19:35:25 - Kolay Gelsin NL

On September 17, 2024, the Netherlands marked Prinsjesdag, a significant date in Dutch politics. On Prinsjesdag, the Dutch belastingplan (tax plan) is revealed annually on the third Tuesday of September. This year is particularly significant as the budget for 2025 was unveiled by the new Prime Minister (Minister-president) Dick Schoof. Following the announcement, the proposed budget is reviewed and debated by the Tweede Kamer (House of Representatives) and the Eerste Kamer (Senate). Once it receives approval, the new measures generally come into effect on January 1 of the next year. Here’s a summary of how the 2025 budget could impact you:

For a detailed list of the changes, you can also read this article:https://www.kolaygelsinblog.nl/posts/prinsjesdag-2024-how-the-dutch-2025-budget-will-affect-your-daily-life-and-finances

Feel free to watch our video on YouTube and leave a comment.

📌A Slight Boost in Your Purchasing Power

The government expects everyone’s aankoopkracht (purchasing power) to increase by 0.7% in 2025. This is a slight adjustment from the previously projected increase of 1.1%.

📌Higher VAT for Fun Activities

If you’re planning to visit a museum or attend a concert, you’ll notice higher prices. The BTW (VAT) for cultural events, books, and concerts will rise from 9% to 21%. Essentials like food and medicines will not be affected by this increase.

📌Lower Healthcare Costs

Your eigen risico (own risk) amount will decrease from 385 euros to 165 euros by 2027, reducing your out-of-pocket costs for healthcare services.

📌Changes Tax Advantage for Expats

For expats, the 30%-regeling (30% ruling) tax advantage will decrease from 30% to 27% starting in 2027. However, those who start working before January 1, 2024, will retain the 30% advantage for five years. For those who start working after January 1, 2024, the 30% advantage will remain in place until January 1, 2027, after which it will be reduced to 27%.

Sources :

https://www.dutchnews.nl/2024/09/pomp-and-ceremony-as-the-dutch-government-presents-its-budget/?utm_source=www_dutchnews_nl&utm_medium=msrc&utm_campaign=c005e22d296c38a12039004e9d4d8a6f92bc9284b337ead730bdb0dec4f3f050

https://www.iamexpat.nl/expat-info/dutch-expat-news/prinsjesdag-2024-what-dutch-governments-budget-means-you

https://www.taxlive.nl/nl/documenten/nieuws/prinsjesdag-2024-wijzigingen-in-de-loonbelasting/

https://www.kvk.nl/wetten-en-regels/je-bv-en-prinsjesdag-dit-zijn-de-belastingplannen/

https://www.kvk.nl/wetten-en-regels/btw-bpm-en-meer-plannen-prinsjesdag-2024/

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Prinsjesdag 2024: Most Important Changes in the 2025 Dutch Budget

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