Tax relief for new companies reduced and abolished
For whom?
What changes?
Are you a starting entrepreneur? And do you claim the tax relief for new companies when you file your income tax return? From 1 January 2027 the tax relief for new companies will go down from €2,123 to €10. From 2028 it will be abolished completely. You do not need to do anything extra for your income tax return.
There will be no special arrangement for entrepreneurs that have already started a business. For them the tax relief for new companies will also decrease in 2027 and disappear in 2028.
What does this mean for you?
Do you get this allowance and do you claim the tax relief for new companies with your tax return? As a result of this reduction your aggregate income (verzamelinkomen) will go up. That will also happen if the tax relief for new companies disappears completely. As a result your advance payment of this allowance may be too high. Check whether the correct aggregate income is stated in your advance ruling (voorschotbeschikking). Did your aggregate income go up? Then pass on your new estimated aggregate income.
The reduction and subsequent ending of this tax relief brings in money for the government to pay for the energy shock.
When?
- The reduction of the tax relief for new companies takes effect on 1 January 2027.
- The tax relief for new companies will be abolished completely on 1 January 2028.