The Netherlands is famous for its social security (sociaal vangnet), which provides financial support for people with a low income. We also have amazing roads, great infrastructure, and many other benefits.
But… the money for that has to come from somewhere. You might consider the Dutch tax rates quite high.
It can be difficult to accept the high income tax and BTW, especially if you’re not used to it. However, there are some tax benefits that may apply to you! In this blog, we’ll tell you about one of them: Extra-Territorial Tax Discount.
What is an Extra-Territorial tax discount?
The Extra-Territorial tax discount (ET discount) helps people with homes in multiple countries to decrease their monthly costs. You can apply for this discount if you currently live in The Netherlands and also have a home in another country. This can save you up to €150 NET per month!
Requirements for an Extra-Territorial tax discount
• If you rent a home in The Netherlands and also rent or own a house abroad
• When you do not own a house in The Netherlands
• When your close family (spouse, children) lives abroad
• Your income (from NL and abroad) is taxed abroad
How to apply for an Extra-Territorial tax discount
The ET discount can be difficult to apply for – especially if you don’t know the Dutch language and customs. That’s why we help you by doing the application for you. Start working with us and we’ll ask you for documents that prove you meet the requirements. We’ll take care of the rest!