Prinsjesdag (Budget Day) 2022
What are the government plans for 2023?
20 September 2022 was Prinsjesdag (Budget Day). The Dutch government launched its plans for the coming year on this day. Whether you are a self-employed professional, an SME owner or other type of entrepreneur, there will most likely be consequences for your business. This page gives an overview of all the plans that may affect you as an entrepreneur in English.
Topics
Attention: These measures are still subject to approval
The plans announced on Prinsjesdag still have to pass through the House of Representatives and the Senate (Tweede en Eerste Kamer), and only become official when declared an Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and after publication in the Staatsblad or the Staatscourant.
Taxes
- Childcare benefit will no longer depend on hours worked
- Tax on investments to go up
- Excise duty on tobacco will go up in 2023 and 2024
- Property transfer tax goes up in 2023
- Fiscal retirement reserve (FOR) cancelled
- Tax-free travel allowance increases to €0.22 per kilometre
- Entrepreneurs to pay more corporate income tax (vpb)
- Standard VAT-rate for nitrous oxide cartridges
- Two rates for income tax in box 2 in 2024
- Income tax averaging scheme ends
- Directors loans to be taxed differently
- Higher consumption tax on non-alcoholic drinks
- Industrial businesses with high CO2 emissions to pay more tax
- Solar panels VAT-exempt in 2023
- Motor vehicle tax on company vans to increase (withdrawn)
- Converting pension contributions to annuity possible for longer
- Bpm tax exemption for company van ends in 2025
- Lowered taxes on fuel extended
- Change in customary salary scheme DGAs
- Innovative startups will pay more income tax
- Reduction of excise duty on petrol in the Caribbean Netherlands extended
Sustainable business
Freelancers and self-employed professionals
Staff
Changes in law and regulations in 2022 so far
About Prinsjesdag
The third Tuesday in September is traditionally known as Prinsjesdag in the Netherlands. On Prinsjesdag, or Budget Day as it is called abroad, King Willem-Alexander gives the Speech from the Throne. The Speech from the Throne sums up the state of the nation, and outlines the government plans for the coming year. After the Speech, the Minister of Finance presents the chair of the House of Representatives with the National Budget and the Budget Memorandum. These documents describe how government is going to execute its plans, and how much budget is allotted to each plan.
Find the official 2021 Prinsjesdag documents on Rijksoverheid.nl (in Dutch). More information about Prinsjesdag is available on Government.nl.
Questions relating to this article?
Please contact the Netherlands Enterprise Agency, RVO
