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Tax on investments to go up

This information is provided by:Netherlands Enterprise Agency, RVONetherlands Enterprise Agency, RVONederlandse versieEffective date: 1 January 2023

What changes?

Are you an entrepreneur and do you invest? You will pay more tax. The box 3 tax rate is going up by 1% per year, to 34% in 2025.

The tax-free allowance (heffingsvrij vermogen, in Dutch) is the amount on which you do not have to pay tax. This is going up from €50,650 to €57,000.

For income tax purposes, income is divided into 3 groups ('boxes'), each with its own tax rate. Box 3 includes the taxable income for savings and investments. Up to a certain amount, you do not have to pay tax on your capital.

The tax rate increase for box 3 is part of a larger plan to better spread the tax burden on labour and capital. A new system for box 3 will be introduced in 2026.

For whom?

  • all entrepreneurs with investments or savings


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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