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Retirement reserve cancelled

This information is provided by

Netherlands Enterprise Agency, RVO

Effective date: 1 January 2023

Do you accrue a fiscal retirement reserve as an entrepreneur? The retirement reserve will be cancelled. Read more.

What changes?

Do you have a fiscal retirement reserve (oudedagsreserve)? From 2023, you can no longer build up a retirement reserve. The government is cancelling the retirement reserve to prevent entrepreneurs from using the fiscal retirement reserve to get tax relief.

The retirement reserve you built up until 31 December 2022 will be released in one go in 2023. You will then pay tax on this amount.

For whom?

  • entrepreneurs for income tax purposes, with a fiscal retirement reserve

When?

The change in law is expected to enter into effect on 1 January 2023

Please note: The effective date of this measure is not yet final. Entry into force is subject to its passing through the Upper and Lower Houses (Eerste en Tweede Kamer) of parliament or proclamation of the Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and publication in the Staatsblad or Staatscourant (Government Gazette, in Dutch).

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This information is provided by

Netherlands Enterprise Agency, RVO
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