The taxation law in the Netherlands

The tax system in Netherlands, especially for an emigrant, is quite a bit complicated. This is a country which is socially conscious which means that you should expect to pay a substantial proportion (up to 52 percent) of your salary to the taxman. The percentage paid is calculated considering different factors like: your personal situation (such as having non-working partner, for example), the type of work, your earnings, residency status and other assets (especially those from abroad). Most of the times, you will have to fill a tax return in your home country thus entering the land of double taxation agreements. Take into account your residency status If you can prove your ties to the Netherlands (for example, you live here, you work here or your family is based here) you will fit the category of a ‘resident taxpayer’ from the first day. If you happen to live abroad but your income is taxable in the Netherlands you fit the category of a `non-resident taxpayer`. As a non-resident you can apply to be treated as a resident purely for the tax purpose (if you wish to receive access to Dutch deductible items). The resident taxpayers will be taxed on their assets worldwide. Choosing the Belastingadviseur So the next obvious step would be to hire an emigrant financial specialist that is able to complete your tax forms for you and also provide other consultancy services. What will he exactly do for you? A tax advisor is someone who can give expertise concerning taxation issues and can aid his clients into figuring out the best strategies for a legal return while saving getting back as much money as possible. He can explain the legal jargon of the Tax Codes, and will advise you on your next actions taking into account your particular situation.