12 C Explanatory Notes

12 C 2012 | Explanatory Notes This explanation is also available in English on the internet. Look at www.belastingdienst.nl. Diese Anleitung steht im...
Author: Edgar Robertson
4 downloads 2 Views 1MB Size
12 C 2012 | Explanatory Notes

This explanation is also available in English on the internet. Look at www.belastingdienst.nl. Diese Anleitung steht im Internet auch in deutscher Sprache zur Verfügung. Siehe hierzu www.belastingdienst.nl.

Were you living abroad and did you have income from the Netherlands or, for example, a second home in the Netherlands? By means of your C income tax return, we will determine whether you need to pay tax or will receive a tax refund. Do you want to file a digital tax return? You can find more information on page 6.

12345

overview of income and deductible items Please note! Did you not opt for resident taxpayer status and do you want to use this overview to calculate your threshold income or aggregate income? In that case, you also need to take your foreign income into account when completing this overview. See the explanatory notes on page 2.

Box 1 Reproduce the amounts from the form Profit

question 14b

Wage

question 15a

Tips and other income

question 15c

Pension and benefits

Public transport commuting question 19c allowance Deduction due to little or no question 23t home acquisition debt Expenses for income provisions question 28g + Add Deductible items

question 16a and 16b

Foreign wage

question 17a

Foreign pension and benefits

question 18a

Maintenance paid and suchlike question 35a

Extra earnings and suchlike

question 20c

question 36a

Income from providing assets

question 21d

Maintenance received

question 24c

Supporting a child < 21 years of age Temporary stay at home of seriously disabled persons Specific medical expenses

Regular payments

question 25e

question 39a

Other income

question 26a

Negative personal allowance

question 27a

Study costs/educational expenses Costs for nationally listed buildings Waived venture capital loans

Donations Refunded premiums and suchlike question 29c + Add

B

question 37a question 38a

question 40a question 41a question 42a

Remainder of the personal question 43a + allowance for previous years C Add Personal deductible items question 23q/r +

Balance for the owner-occupied home Add, but if the balance for the owner-occupied home is negative, deduct Income in box 1

A

/–

Total income Reproduce from A Deductible Reproduce from B items Exempt income question 56a

+

Add – Subtract

D

Personal deductible items Reproduce from C – Subtract Income from work and home

E

Offsettable losses – Subtract Taxable income from work and home

Box 2 Reproduce the amounts from the form

F

Box 3 Reproduce the amounts from the form

Gains from a substantial interest question 30h/i

G

Subtract Income from a substantial interest

H

J Gains from savings and question 33i investments Exempt income question 56b Personal allowance insofar it has – – not been deducted in box 1 Subtract Deduct Taxable income from savings K Personal allowance insofar it has not been and investments deducted in box 1 and box 3 –



Offsettable losses – Deduct Taxable income from a substantial interest



I

1

Overview of income and deductible items

Special rules in order to calculate the assessment

In the overview on page 1, you can enter your income and deductible items from your tax return. This gives you an overview of your taxable incomes in the three boxes. You can later compare this information with the information in your assessment. So keep the overview in a safe place. More information about filing a tax return and how the tax system works can be found at www.belastingdienst.nl.

In a number of situations, special rules apply when calculating the assessment. This is the case if, in 2012, you: – turned 65 years of age – had foreign assets or foreign income – were not covered by the national insurance schemes or Healthcare Insurance Act for a certain period – were entitled to an exemption from national insurance contributions and the income-related healthcare insurance contribution, because you were registered as a conscientious objector – still had an offsettable loss from a substantial interest, while you no longer had the substantial interest – had income for which you are requesting a reduction of national insurance contributions in question 61b – had income for which you are requesting a reduction of the income-related healthcare insurance contribution in question 62i

Threshold income Did you have any specific medical expenses or did you make donations? In that case, you must calculate a threshold amount. This is the part of the expenses that cannot be deducted. The threshold amount depends on your threshold income and possibly that of your tax partner. Do you opt for resident taxpayer status in your tax return? Your threshold income is the total of your income and deductible items in the three boxes, but without your personal deductible items and offsettable losses for previous years. The personal deductible items are mentioned separately in the overview. For each deductible item with a threshold, you can calculate the threshold amount and the deductible amount using the overview and a calculation tool.

In these cases, you cannot always use the calculation tool to do the calculation.

More information about calculating the assessment can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Please note! Were you living in Belgium, Suriname, Aruba, Curacao, Sint Maarten or, as a German resident, were you subject to the 90% facility? Or are you only liable to pay national insurance contributions? And do you not opt for resident taxpayer status? In that case, you must calculate your threshold income using the overview as if you had opted for resident taxpayer status. You must then take your Dutch and your foreign income, deductible items and assets into account.

Percentage of national insurance contributions In 2012, were you covered by the national insurance schemes (General Old Age Pension Act (AOW), Surviving dependants' Act (Anw) and the Exceptional Medical Expenses Act (AWBZ)? In that case, your total contributions due amount to 31.15% of a maximum of € 33,863 in box 1 (income from work and home). You therefore pay no more than € 10,548 in contributions.

Aggregate income If you were 65 years of age or older in 2012, you no longer have to pay old-age pension contributions. In that case, your contributions due amount to 13.25% of no more than € 33,863 for the other national insurance schemes. You therefore pay no more than € 4,486 in contributions. Were you born before 1 January 1946? In that case, your total contributions due amount to 13.25% of no more than € 34,055. In that case, you pay no more than € 4,512 in contributions. Below, you will find the applicable annual percentages for the three national insurance schemes. AOW 17,90% Anw 1,10% AWBZ 12,15% + Total: 31,15%

For the elderly person’s tax credit, your aggregate income may not exceed a certain amount. The aggregate income is the total of your income and deductible items in the three boxes, but without your offsettable losses for previous years. For the question about the elderly person’s tax credit, you calculate the aggregate income using the overview and a calculation tool.

Please note! Were you living in Belgium, Suriname, Aruba, Curacao, Sint Maarten or, as a German resident, were you subject to the 90% facility? Or are you only liable to pay national insurance contributions? And do you not opt for resident taxpayer status? In that case, you must calculate your aggregate income using the overview as if you had opted for resident taxpayer status. In this case, you must use your Dutch and your foreign income, deductible items and assets, without taking your exempt income into account.

Calculating what you need to pay or will be refunded From the overview on page 1, you calculate the amount of the assessment using the calculation tool in this explanation on page 78. You can later compare this information with the information in your assessment.

2

Income-related healthcare insurance contribution

The maximum amount of the unsettled tax credit is the tax owed by your tax partner. It concerns the total of the following tax credits that cannot be settled (fully) because you owe insufficient tax: – general tax credit – employed person's tax credit – income-related combination tax credit – parental leave tax credit – life-course leave tax credit

Two percentages apply to the income-related healthcare insurance contribution. If you received wage, pension or a benefit, you paid 7.1% on no more than € 50,064. This amount has already been withheld by your employer or benefits agency. Did you have profits from business activities, income from other activities or regular payments and provisions? In that case, the percentage is 5%. This amount must be paid through a (provisional) assessment. No tax credits are deducted from the income-related healthcare insurance contribution.

As from 2009, the general tax credit payment to the partner with little or no income will, in some cases, be phased out. More information and examples about a tax credit payment and the phasing out of the general tax credit payment can be found under questions 44 and 45.

Tax credits We take tax credits into account when calculating the amount you need to pay or will be refunded. These are reductions in the income tax and national insurance contributions owed. You then have to pay less tax. Your entitlement to certain tax credits depends on your personal situation. Everyone is entitled to the general tax credit. If you are working, you are also entitled to the employed person's tax credit.

Offsettable losses Your income in box 1 or 2 may be negative in a certain tax year, for example because you suffered a company loss. In that case, this negative income is an offsettable loss. We automatically offset a loss in box 1 against positive income in one or more of the three preceding years. A loss in box 2 is automatically offset against positive income in the previous year. Do you still have an unsettled loss from previous years? In that case, we will take this into account when calculating your final assessment for 2012.

Were you employed in the Netherlands or did you receive a benefit? In that case, you already received the following tax credits through your employer or benefits agency: – general tax credit – employed person's tax credit – (single) elderly person’s tax credit – life-course leave tax credit – young disabled person's tax credit (usually)

More information about offsettable losses can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

As a result, you have already paid less wage tax and fewer national insurance contributions on your wage or benefit. You can apply to us for some tax credits. You can do this with the income tax return for 2012. More information can be found in these explanatory notes in questions 44 to 50. The amount of the tax credit(s) you may be entitled to, depends on the question whether you were compulsorily covered by the Dutch national insurance schemes and whether you were liable to pay tax. You may be entitled to the tax component and national insurance component of the tax credit(s). The tax component is 1.95/33.10 of the amount of the tax credit(s). The national insurance component is 31.15/33.10 of the amount of the tax credit(s).

(General) tax credit payment The maximum amount of the tax credit is the income tax and national insurance contributions owed. If the tax credit is higher, the excess will not be refunded. An exception applies to tax partners. If you had little or no income in 2012, we will take the tax owed by your tax partner into account. In that case, you may be entitled to a tax credit payment.

3

CONTENT overview of income and deductible items

1

23 Owner-occupied home

FILING A TAX RETURN

6

24 Maintenance received and related lump sum payments 39

1 Living abroad in 2012

8

25 Regular payments and related lump sum payments

39

32

2 If you had a tax partner or not

14

26 Other income

40

3 Tax partner

17

27 Negative personal allowance

41

4 Personal situation: children

17

28 Expenses for income provisions

41

5 Profits from business activities: exempt profit components

18

6 Profits from business activities: non-deductible or partially non-deductible costs and expenses

29 Lump sum annuity payments that were not subject to wage tax and national insurance contributions and other negative expenses for income provisions

42

18 30 Substantial interest

43

7 Profits from business activities: profits from ocean-shipping activities according to the tonnage tax scheme 19

31 Assets

45

8 Profits from business activities: investment schemes

19

32 Debts

50

9 Profits from business activities: changes in allowable reserves

33 Gains from savings and investments

51

21 34 Foreign bank and savings balances

52

35 Maintenance paid and other maintenance obligations to the ex-partner

52

10 Profits from business activities: balance of the calculation of taxable profits

21

11 Profits from business activities: co-titleholder in a business 21 13 Profits from business activities: entrepreneur’s allowance

21

14 Taxable profits from business activities

23

15 Wage and sickness benefits from the Netherlands

23

16 Old-age pension (AOW), pension, annuity and other benefits and lump sum payments from the Netherlands which were subject to wage tax and national insurance contributions

25

17 Foreign wage and suchlike

28

18 Foreign pension and benefits

28

19 Public transport commuting allowance

28

36 Expenses for supporting children younger than 21 years of age 53 37 Expenses for temporary stay at home of seriously disabled persons

54

38 Specific medical expenses

56

39 Study costs and other educational expenses

59

40 Maintenance expenses for a nationally listed building in the Netherlands

61

41 Waived venture capital loans

61

42 Donations

62

43 Remainder of the personal allowance for previous years

64

20 Extra earnings and income as a freelancer, childminder, artist or professional athlete

30

44 General tax credit payment

65

21 Income from providing assets

31

45 Special increase of tax credit

66

22 Value of the assets

32

46 Tax credits for parents whose children are living at home

67

4

CONTENT 47 Life-course leave tax credit 

68

48 Tax credit for persons of 65 years of age or older

68

49 Tax credit for young disabled persons

68

50 Tax credits for social investments or direct investments in venture capital

69

51 Separated private assets

69

52 Dutch dividend or taxed income from games of chance

70

53 Revisionary interest 

70

54 Income to be protected

71

55 Income on which no income tax may be levied in the Netherlands

71

56 Dutch income on which no income tax may be levied in the Netherlands

73

57 Compulsorily covered by the national insurance schemes

73

58 Compulsory insurance: income

74

59 Compulsory insurance: deductible items

75

60 Compulsory insurance: contribution base

75

61 Correction or reduction of your contribution base

75

62 Income that was subject to the Healthcare Insurance Act

76

Calculating tax

78

5

FILING A TAX RETURN Type of return

Your account number for a refund

You received the C form. This form is meant for people who are living abroad, but who have income from the Netherlands. For your Dutch income or certain assets, you need to file a tax return in the Netherlands for income tax and national insurance contributions and possibly the income-related healthcare insurance contribution. You can also opt to file a tax return in the Netherlands for all your income, deductible items and assets, therefore in the Netherlands and abroad. You can find more information about this option on page 9.

Do we not have your account number or has your account number changed? You can use the form 'Opgaaf rekeningnummer particulieren' to submit or change your account number. You can download this form from www.belastingdienst.nl. You can also call the Tax Information Line Non-resident Tax Issues.

Your name and address

You can also file a tax return using our 2012 tax return program for non-resident taxpayers. You can download the tax return program for non-resident taxpayers from www.belastingdienst.nl.

The front page of the tax return mentions your name and address details that are known to us. If these data are incorrect or if you want to change them, you need to let us know. You can use the form Adreswijziging doorgeven buitenland, which you can download from www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Returning your tax return in time

Death

The front page of the tax return form mentions the return address and a due date for your tax return. If this date is not feasible for you, you need to request a postponement prior to this date. There are three ways to do this: – digitally You can find the postponement form at www.belastingdienst.nl. – by telephone (until 1 April 2013) You call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85. Have your citizen service number/tax and social insurance number ready. – in writing You send your request to Belastingdienst, Postbus 2523, 6401 DA Heerlen, the Netherlands.

If you are filing a tax return for someone who was living abroad and died, we are often not informed of this. In order to prevent any further inconvenience for the surviving relatives, we request you to inform us of this.

Filing a digital tax return

You can inform us of the death in writing. We request you: – not to enclose this message with the tax return – to state the deceased person's citizen service number/tax and social insurance number – to state a (postal) address which the heirs want to use – to enclose a copy of the death certificate You can send the death announcement to: Belastingdienst 's-Hertogenbosch Administratie Schenking en Erfbelasting Postbus 90150 5200 MB 's-Hertogenbosch

Do not enclose any appendices We use an automated system to process the tax return. Do not attach any tax return pages together or to the front page. Only enclose any appendices if we ask you to do so in the tax return.

Assessment Changing or supplementing your tax return

If we have received your tax return before 1 April 2013, you will receive notice about what you need to pay or will be refunded before 1 July 2013. Usually, you will first receive a provisional assessment for income tax and national insurance contributions for 2012. After that, you will receive the final assessment for 2012.

Do you want to add or change information after you have sent the tax return? In that case, resend a fully completed tax return form. We will process the tax return which you sent last. You can request a new form from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Provisional assessment for 2013 Rate of exchange

Have you completed the tax return for 2012? And did you already receive a provisional assessment for 2013? In that case, check whether your provisional assessment for 2013 is correct as you now have the figures for 2012 at hand. If necessary, adjust your provisional assessment for 2013 if it is too low or if your refund is too high. This way, you prevent having to pay tax interest. Did you not yet receive a provisional assessment and do you have to pay or do you receive a refund? In that case, apply for a provisional assessment. You can apply for or change your provisional assessment using the form Verzoek of wijziging voorlopige aanslag 2013. You can request

If you need to convert an amount into Euros when completing your tax return, take the exchange rate (the middle rate) that applied on the date of the income and expenses. So do not use the rate of exchange on the date you complete your tax return. When calculating your income, take the Dutch tax rules into account. In case of doubt, call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

6

Specific medical expenses

this form from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Expenses that are deductible under the scheme for 'expenses for a temporary stay at home of seriously disabled persons' are not (again) eligible for deduction of specific medical expenses. Expenses for some paramedics may be included as deductible specific medical expenses, without there being a referral or counselling from a recognised physician. A statement from the paramedic is, however, required, which statement must show that it concerns a medical treatment.

Spouse and housemate Wherever the tax return or the explanation speaks of 'spouse' or 'housemate’, both genders are meant. Where 'he' or 'his' is mentioned, we also mean 'she' or 'her'.

Foster child Expenses for nationally listed buildings

Wherever the tax return or the explanation speaks of 'child', we also mean 'foster child'.

– The deduction of maintenance expenses is limited to 80%. – If you occupy the nationally listed building as your principal residence, the expenses for fixed charges and depreciations are no longer deductible. – The threshold ceases to apply – The deduction of maintenance expenses is not limited to 80% if the obligations for this maintenance were assumed before 1 January 2012 and the expenses were paid in 2012 or 2013. In that case, a threshold applies.

Privacy We register the information you fill in on the tax return form. We treat your information confidentially and never provide third parties with information without a reason. We are, however, obliged to exchange information with some government bodies and comparable institutions.

Supplementary notes Donations

You can find more information about specific topics in the supplementary explanations. You can download this from www.belastingdienst.nl.

Do you have any questions? In that case, visit www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85. Available from Monday to Thursday from 8.00 am to 8.00 pm and on Friday from 8.00 am to 5.00 pm.

In order to calculate the deductible item, you may increase donations to cultural institutions by 25%. This increase is no more than € 1,250. The maximum deductible amount for donations is 10% of your threshold income. This maximum is increased by the amount of the increase for donations to cultural institutions. Furthermore, donations to a supporting foundation for a Social Benefit Organisation (Sociaal Belang Behartigende Instelling or SBBI) are deductible under certain conditions.

Changes in 2012

Phasing out the general tax credit payment

Questions?

As from 2009, the payment of tax credits to tax partners with little or no  income has been reduced each year. Families with young children and taxpayers born before 1972 were  exempt from this reduction. As from 1 January 2012, this exception will be phased out and the payment will be reduced every year. The exemption continues to apply only if you were born before 1 January 1963.

Tax partnership Unmarried couples who lived together and were tax partners in 2011, are also tax partners in 2012 if they are registered with the municipality as living at the same address. As from 1 January 2012, people are also each other's tax partners if they live together without being married and a minor child of either of them is registered at the home address. They are not tax partners if it is demonstrated by means of a written agreement that it concerns a situation of arm's length (sub)tenancy.

Single-parent tax credit In order to be eligible for the single-parent tax credit, you must meet a number of conditions. One of these conditions is that the youngest child is younger than 18 years of age. This used to be 27 years.

Tax-free allowance for minor children has ceased to apply Employed person's tax credit

The increase of the tax-free allowance for minor children has ceased to apply.

The increase of the employed person's tax credit for employees aged 57 and older has ceased to apply.

Exemption for salary savings in box 3 Life-course leave tax credit

The salary savings scheme was cancelled on 1 January 2012. The salary savings balance can be withdrawn free of tax. The balance can also remain in the salary savings account. In that case, the exemption for salary savings in box 3 continues to apply.

The life-course savings scheme was cancelled on 1 January 2012. A transitional scheme applies.

Income-related healthcare insurance contribution Supporting children

The maximum amount on which the income-related healthcare insurance contribution is calculated is € 50,064. This used to be € 33,427.

The age limit for the deduction of expenses for supporting children has been lowered. Only expenses for children who are younger than 21 years of age can be deductible. This used to be 30 years.

Residual debt upon sale of the house that was your principal residence

Expenses for temporary stay at home of seriously disabled persons

Did you sell your house after 28 October 2012? And, as a result, do you have a residual debt? In that case, you can still deduct interest on and costs of the loan for a maximum of 10 years after the selling date. This only applies to the residual debt of a (mortgage) loan for the house that was your principal residence. Visit www.belastingdienst.nl for more information.

The age limit for the deduction of expenses for a temporary stay at home of seriously disabled persons is 21 years or older. This used to be 27 years or older.

7

1

Living abroad in 2012

national insurance contributions. If you were 65 years of age or older, you were no longer liable to pay old-age pension contributions. You are not compulsorily covered by the Dutch national insurance schemes if you were living abroad and only received benefits from the Netherlands.

Were you living abroad in 2012? In that case, you can opt for resident taxpayer status. In that case, you need to file a tax return for your Dutch income and deductible items as well as your foreign income and deductible items. You may then also be entitled to the tax component of your tax credits.

Please note! If you were voluntarily covered by the national insurance schemes, you are not liable to pay national insurance contributions.

If, in 2012, you were employed by the Dutch government and were posted abroad, it could be that you were a resident taxpayer. This is the case, for example, if you were posted as a member of the military or as a member of a diplomatic mission. In this situation, you will require a different tax return form. For this, you call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Did you have income from the Netherlands or assets in the Netherlands in 2012? You were liable to pay tax in the Netherlands if you had income from or assets in the Netherlands. It concerns the situation in which you, for example: – received wage, pension or a benefit in connection with work carried out in the Netherlands – had profits from business activities in the Netherlands – had income from other work in the Netherlands – received income from a Dutch substantial interest – had (rights to) immovable property in the Netherlands or had rights to shares in the profits of a Dutch company

For question 1a Enter the country code of your country of residence. This code always consists of three letters. See the table below. If your country is not listed in the table, state XXX as country code. It could be that you lived in more than one country in 2012. In this situation, state the country code for each country of residence and the period in which you lived in each of these countries.

For question 1b

If you had no Dutch income or assets, but your spouse or housemate did

Enter the country code of your nationality. See the table below. If your country is not mentioned in the table, enter NLD as country code for the Netherlands and XXX for other countries.

Did you not have income from or assets in the Netherlands, but your spouse or housemate did? In that case, you may opt for resident taxpayer status under the following conditions: – you and your spouse were living in one of the countries listed in the table below or the Netherlands – you both met the conditions for tax partnership Do you want to opt for resident taxpayer status? In that case, tick 'Ja' for the question 'Had u in 2012 inkomsten uit Nederland of bezittingen in Nederland?'.

For question 1c In 2012, were you compulsorily covered by the Dutch national insurance schemes (AOW, Anw and AWBZ)? You were, among other things, compulsorily covered by the Dutch national insurance schemes (AOW, Anw and AWBZ) and liable to pay national insurance contributions in the Netherlands in 2012 if you: – were employed in the Netherlands – were self-employed in the Netherlands For more information, see the explanation for question 57. If you were covered by the AOW, Anw and AWBZ, your payslip or benefit slip will state the insurance for which you were liable to pay

Did you have no income from the Netherlands yourself in 2012? But your spouse or housemate did? In that case, you may opt for resident taxpayer status under certain conditions. This could be advantageous. In that case, tax credits may be paid to you.

Table of countries for which resident taxpayer status is possible Country Country code Albania ALB Argentina ARG  Armenia ARM  Aruba ABW  Australia AUS  Azerbaijan AZE Bahrain BHR Bangladesh BGD  Barbados BRB Belarus BLR Belgium BEL  Bermuda BMU Bonaire, St Eustatius and Saba BES Bosnia-Herzegovina BIH Brazil BRA  Bulgaria BGR  Canada CAN  China CHN  Curacao CUW

Country Country code Cyprus CYP Denmark DNK  Germany DEU  Egypt EGY  Estonia EST  Philippines PHL  Finland FIN  France FRA  Georgia GEO  Ghana GHA Greece GRC  Hungary HUN  Hong Kong HKG Ireland IRL  Iceland ISL  India IND  Indonesia IDN  Israel ISR  Italy ITA  Japan JPN 

Country Country code Jordan JOR Kazakhstan KAZ  Kuwait KWT  Croatia HRV  Latvia LVA  Lithuania LTU  Luxembourg LUX  Macedonia MKD  Malawi MWI  Malaysia MYS  Malta MLT  Morocco MAR  Mexico MEX  Moldavia MDA  Mongolia MNG  Montenegro MNE New Zealand NZL  Nigeria NGA  Norway NOR  Ukraine UKR 

8

Country Country code Uzbekistan UZB  Oman OMN Austria AUT  Pakistan PAK  Panama PAN Poland POL  Portugal PRT  Qatar QAT Romania ROU  Russia RUS  Saudi Arabia SAU Serbia SRB Singapore SGP  Sint Maarten SXM Slovenia SVN  Slovakia SVK  Spain ESP  Sri Lanka LKA  Suriname SUR  Taiwan TWN 

Country Country code Thailand THA  Czech Republic CZE  Tunisia TUN  Turkey TUR  Uganda UGA Venezuela VEN  United Kingdom GBR  United Arab Emirates A RE The United States of America USA Vietnam VNM  Zambia ZMB  Zimbabwe ZWE  South Africa ZAF  South Korea KOR Sweden SWE  Switzerland CHE

Example of paying more tax

Were you not covered by compulsory insurance in the Netherlands in 2012 and did you not have income from the Netherlands or assets in the Netherlands in 2012? In that case, complete the data on the front page, sign the tax return and send it back to us together with page 1 of the tax return. Do not send the tax return to the pre-printed P.O. box number stated on the front page, but to P.O. box number 2590, 6401 DB Heerlen.

You live in Belgium and work in the Netherlands. In the period between 2012 and 2013, you have wage in the Netherlands amounting to € 30,000 and the balance of the income from the owner-occupied home in Belgium is negative € 2,000. You opt for resident taxpayer status in 2012 and 2013. Your annual income in box 1 is € 28,000. If you do not opt for resident taxpayer status, your income is € 30,000.

Do you opt for resident taxpayer status in 2012? In 2014, you retire and sell your house. Your pension is € 20,000, on which you need to pay tax in Belgium. You must state both your Dutch and your foreign income. Therefore, your income in box 1 in 2014 is € 20,000. The tax on this is decreased with an amount proportionate to the part of your income that is not taxed in the Netherlands (€ 20,000). Under the clawback scheme, however, the foreign income must be decreased by the total of the negative foreign income in the past. In this case, this is 2 x € 2,000 (the annual negative balance of the income from the owner-occupied home). The decrease is € 16,000/€ 20,000 = 80%. As in the years 2012 and 2013 90% or more of your income was taxed in the Netherlands and you also met the other conditions (EU resident and no mortgage interest relief in the country of residence), you do not have to apply the clawback scheme. So the decrease is 20,000/20,000 = 100%.

Were you not living in the Netherlands in 2012? In that case, it could be that you were still liable to pay tax in the Netherlands. This is the case, for example, if you had income from or assets in the Netherlands. In that case, you may opt for resident taxpayer status. A condition is, however, that you were living in an EU country or in one of the countries outside the EU listed in the table on page 8. See the Table of countries for which resident taxpayer status is possible on page 8.

Why opt for resident taxpayer status? Do you opt for resident taxpayer status? This has a number of advantages and disadvantages. Below you can read about them.

Advantages

More information about opting for resident taxpayer

Just as residents of the Netherlands, you are entitled to a number of favourable Dutch tax facilities. This means, among other things, that: – you are entitled to the personal allowance – you may use the tax-free allowance when calculating your income from savings and investments – you are entitled to the tax component of your tax credits – the tax credits can be paid to the tax partner with little or no income – You can apportion certain income and deductible items between yourself and your tax partner.

status can be found at www.belastingdienst.nl. Do you meet the conditions and do you opt for resident taxpayer status? In that case, take your total income when completing your tax return. I.e.: your joint income in the Netherlands and abroad. And also your deductible items and assets. The fact that you also need to state your foreign income does not mean that you also need to pay tax on this income in the Netherlands. When calculating your income tax, we give you a relief for this income. See the explanation for question 55.

Disadvantages For example: – The Dutch tax rate may be higher than the tax rate that would apply if you did not opt for resident taxpayer status. – If you no longer opt for resident taxpayer status in a certain year, certain deductible items can be undone for a period of eight years. In that case, you need to repay the tax advantage from these deductible items. This does not apply to the negative income from the owner-occupied home if you were a resident of a member state of the European Union or of Iceland or Norway (EEA states) and opted for resident taxpayer status and 90% or more of your income was taxed in the Netherlands. This only applies if you or your partner were not entitled to mortgage interest relief in the country of residence. – Did you use, for example, the deductible item for the owner-occupied home in your country of residence? And, a year later, do you receive Dutch income on which no tax may be levied in the Netherlands? In that case, you may need to start paying more tax. This does not apply to the negative income from the owner-occupied home if you were a resident of a member state of the European Union or of Iceland or Norway (EEA states) and opted for resident taxpayer status and 90% or more of your income was taxed in the Netherlands. This only applies if you or your partner were not entitled to mortgage interest relief in the country of residence.

If you do not opt or are unable to opt for resident taxpayer status Do you not opt for resident taxpayer status? In that case, the following applies to you: – Your spouse or housemate cannot be regarded as your tax partner. – When calculating your gains from savings and investments, you are not entitled to the tax-free allowance. – When calculating your income tax, you are not entitled to the personal allowance. For the calculation of the national insurance contributions, you may, however, apply the full personal allowance. – You are only entitled to the tax component of the employed person’s tax credit, the income-related combination tax credit and the deferred pension bonus.

Please note! Were you living in Belgium, Suriname, Aruba, Curacao or Sint Maarten? Or, as a German resident, were you subject to the 90% facility? In that case, other rules apply. You can read more about this below.

Were you living in Belgium, Suriname, Aruba, Curacao or Sint Maarten in 2012? Were you living in Suriname, Aruba, Curacao or Sint Maarten in 2012? And do you not opt for resident taxpayer status? In that case, the following rules apply to you: – For the calculation of your income tax, you are entitled to a limited personal allowance. For the calculation of the national insurance

9

In 2012, were you living in Germany and are you requesting for the 90% facility to be applied?

contributions, you may apply the full personal allowance (see question 59d). – When calculating your gains from savings and investments, you are entitled to the tax-free allowance. – If your spouse or housemate has little or no income, he is entitled to a payment of (part of) the tax credits. – If you have a spouse or a housemate, you may apportion the joint income and deductible items between yourselves.

Were you living in Germany in 2012? And do you not opt for resident taxpayer status? In that case, the 90% facility might apply to you. A condition is that you have to pay tax in the Netherlands on a minimum of 90% of your income from both the Netherlands and abroad. For married couples, this is on at least 90% of your joint income from both the Netherlands and abroad. Moreover, you or your spouse must have income from employment or benefits taxed in the Netherlands. This is referred to as the 90% facility.

You are not entitled to the tax component of: – the tax credits for social investments and for direct investments in venture capital and cultural investments – the life-course leave tax credit – the young disabled person's tax credit – the (single) elderly person’s tax credit

Use the calculation tool on page 12 to determine whether the 90% facility applies to you. If you are subject to this facility, you are entitled to the following allowances: – For the calculation of your income tax, you are entitled to a limited personal allowance. For the calculation of the national insurance contributions, you may apply the full personal allowance (see question 59d). – When calculating your gains from savings and investments, you are entitled to the tax-free allowance. – Your spouse is entitled to a payment of (part of) the tax credits if he has little or no income. – If you are married, you may apportion the joint income and deductible items between yourselves.

Were you living in Belgium in 2012? And do you not opt for resident taxpayer status? In that case, the following rules apply: – For the calculation of your income tax, you are entitled to a limited personal allowance. You also have to take the pro-rata facility into account (see the calculation tool on page 11). For the calculation of the national insurance contributions, you may apply the full personal allowance (see question 59d). – When calculating your gains from savings and investments, you are entitled to the tax-free allowance. You have to take the pro-rata facility into account when dealing with the tax-free allowance (see the calculation tool on page 11). – Your spouse or housemate may be entitled to a payment of (part of) the tax credits if he has little income. A condition, however, is that your spouse or housemate must have income that was taxed in the Netherlands. – If you have a spouse or housemate, you may apportion the joint income and deductible items between yourselves. The condition that your spouse or housemate must have income that was taxed in the Netherlands also applies here.

You are not entitled to the tax component of: – the tax credits for social investments and for direct investments in venture capital and cultural investments – the life-course leave tax credit – the young disabled person's tax credit

Please note! As a German resident, were you subject to the 90% facility and do you not opt for resident taxpayer status? In that case, only your spouse can be your tax partner.

You are not entitled to the tax component of: – the tax credits for social investments and for direct investments in venture capital and cultural investments – the life-course leave tax credit – the young disabled person's tax credit – the (single) elderly person’s tax credit

10

Calculation tool for the pro-rata facility for Belgian residents Were you living in Belgium and did you not opt for resident taxpayer status? In that case, you calculate the personal allowance and the tax-free allowance as follows: – Divide your income taxed in the Netherlands by the total of your income taxed in the Netherlands and your foreign income. – The outcome (the multiplier) should be multiplied by the personal allowance and the tax-free allowance for which you are eligible.

In the left column, enter the income that is taxed in the Netherlands. In the right column, enter your foreign income, so as if you had opted for resident taxpayer status.

Income taxed in the Netherlands a Taxable profits from business activities See the explanation for question 14. Place a minus sign before a negative amount

Foreign income

b Income from employment See the explanation for questions 15 and 17 c d e f

Pension and benefits See the explanation for questions 16 and 18 Extra earnings and suchlike See the explanation for question 20. Place a minus sign before a negative amount Income from providing assets See the explanation for question 21. Place a minus sign before a negative amount Owner-occupied home See the explanation for question 23. Place a minus sign before a negative amount

g Maintenance See the explanation for question 24 h i j k

Regular payments and suchlike See the explanation for question 25 Other income See the explanation for question 26 Gains from a substantial interest See the explanation for question 30. Place a minus sign before a negative amount Gains from savings and investments without deduction of the tax-free allowance Reproduce from D in the calculation below. See the explanation for question 33

K

+

K

+

Add

l Public transport commuting allowance See the explanation for question 19 – – Subtract

m Deduction due to little or no home acquisition debt See the explanation for question 23t – – A

Subtract



B

n Add up A and B. Divide A by the total of A and B together Multiplier Calculation of gains from savings and investments (without deduction of the tax-free allowance) C

C

Average capital yield tax base in box 3 4% x 4% x Calculate 4% of C Gains from savings and investments D D (without deduction of the tax-free allowance Enter above for K Enter above for K

11

Calculation tool for the 90% facility for German residents Complete the left column as if you had not opted for resident taxpayer status, and complete the right column as if you had opted for this.

See the explanation on page 10 first. If you were married in 2012, enter the amounts for you and your spouse jointly.

Please note! You are only eligible for the 90% facility if you had income from employment, pension or benefits taxed in the Netherlands.

Income from the Netherlands

Joint income in the Netherlands and abroad

a Profits from business activities See the explanation for question 14. Place a minus sign before a negative amount b Income from employment See the explanation for questions 15 and 17 c Pension and benefits See the explanation for questions 16 and 18 d Extra earnings and suchlike See the explanation for question 20. Place a minus sign before a negative amount e Income from providing assets See the explanation for question 21. Place a minus sign before a negative amount f Owner-occupied home See the explanation for question 23. Place a minus sign before a negative amount g Maintenance See the explanation for question 24 h Regular payments and suchlike See the explanation for question 25 i Other income See the explanation for question 26 j Negative personal allowance See the explanation for question 27 k Refunded premiums and suchlike See the explanation for question 29

l Gains from a substantial interest See the explanation for question 30. Place a minus sign before a negative amount m Gains from savings and investments See the explanation for question 33 + + Add

n Public transport commuting allowance See the explanation for question 19 – – Subtract

o Deduction due to little or no home acquisition debt See the explanation for question 23t – – A

Subtract p Calculate: 90% of B Is the amount for A equal to or more than C? And were you living in Germany? In that case, you can request the 90% facility for German residents to be applied. If you would like this facility to be applied, check the box in question 1c of your tax return.

12

B

90% x C

Calculation tool for the 90% facility for residents of the EU, Norway and Iceland Please note! You only qualify for the 90% facility if you opt for resident taxpayer status for the whole of 2012

income in the Netherlands and abroad

Income taxed in the Netherlands Numerator

Taxable profits from business activities Income from employment Pension and benefits Extra earnings and suchlike Regular payments and suchlike Income from providing assets

Denominator A

A

B

B

C

C

D

D

E

E

F

F



G



H

I

I



K

Maintenance Other income Gains from a substantial interest Gains from savings and investments without the tax-free allowance Gains from savings and investments without the tax-free allowance

K L

Add

M

Public transport commuting allowance Subtract

+ + –

N

Divide N from the left column by N from the right column and multiply the outcome by 100 If P is 90% or more, the requirement that 90% or more of the income is taxed in the Netherlands will be met.

13

Joint

L M



N P

2

If you had a tax partner or not

Several successive tax partners in one year Are you married for part of the year or are you registered partners for part of the year? And, before or after that, did you live together with someone else and were you tax partners with this other person? In that case, you may, for the purpose of apportioning certain income and deductible items, choose the person with whom you are tax partners throughout the year. You may only opt for tax partnership for the whole of 2012 with one of these tax partners. You may apportion certain income and deductible items with this tax partner.

Do you and your spouse or housemate both opt for resident taxpayer status for 2012? You may only be each other's tax partners throughout 2012 if you both opt for resident taxpayer status. You may also be each other's tax partners if one of you is residing in the Netherlands and the other opts for resident taxpayer status. If your partner is not filing a tax return himself, he opts for resident taxpayer status by signing your tax return.

Example You are married. On 1 March 2012, you or your spouse filed a divorce petition with the court. After that, you were living alone. Your spouse is no longer registered with the municipality as living at the same address as you are. As from 15 June 2012, you start living together in an owner-occupied home together with someone else. You and this other person meet the conditions for tax partnership. From 1 January to 1 March, you and your spouse are tax partners. As from 15 June, you are tax partners with someone else. You have two successive tax partners in 2012. You may opt to be tax partners for the whole of 2012 with one of them. Do you opt to be tax partners for the whole of 2012 with one of them? In that case, you may apportion your joint income and deductible items. Do you not opt to be tax partners for the whole of 2012? In that case, each of you will state his or her own income and deductible items.

Since 1 January 2012, some rules for tax partnership have changed. You can be tax partners if you are living together without being married and: – a minor child of either of you is registered with the municipality as living at the same address. – you were also tax partners in 2011.

In which cases are you considered to be tax partners? You are tax partners in 2012 if you meet one of the following conditions: – You are married. – You are registered partners. – You are unmarried and are both registered with the municipality as living at the same address and you meet one of the following conditions: – You are both of age and you have concluded a notarial cohabitation contract together. – You have a child together. – One of you has acknowledged the other person's child. – You are registered with a pension fund as pension partners. It is not sufficient if you registered your partner as pension partner with your employer only. – You own an owner-occupied home together, in which you are living together. – A minor child of either of you is registered at the address where you are both registered with the municipality. You are not tax partners if it concerns arm's-length (sub)tenancy. You must demonstrate the arm's length nature by means of a written tenancy agreement. – You were also tax partners in 2011.

Several tax partners simultaneously You can only have one tax partner at a time. Are there several persons who could be your tax partner at the same time? In that case, the sequence of the conditions is important. For it concerns the first of those conditions that you meet (see above). For example, are you married, do you live together with another partner and do you and this other person have a child together? In that case, the person with whom you are married is your tax partner. The condition 'You are married' supersedes the condition 'You are unmarried, you are both registered with the municipality as living at the same address and you have a child together'. If you are married to more than one person simultaneously, the spouse from the first marriage will be your tax partner. If you have several cohabitation contracts simultaneously, only the oldest cohabitation contract will be taken into account. Do you have one cohabitation contract with several persons? In that case, you are not tax partners under this cohabitation contract.

Please note! Were you living together with your child, your father or your mother in 2012? And did you meet one of the conditions for tax partnership? In that case, you are only tax partners if you were both 27 years of age or older on 31 December 2011.

What if you do not meet the conditions? If you do not meet the conditions, you are not tax partners.

From what moment are you considered to be tax partners?

One of you lives abroad If one of you lives abroad, you are only tax partners if the person who lives abroad opts for resident taxpayer status. See www.belastingdienst.nl for more information.

You are married or registered partners Are you married or registered partners throughout 2012? In that case, you are tax partners throughout 2012. Do you marry in 2012? In that case, you are tax partners as from the date of the marriage. Are you both registered with the municipality as living at the same address before the marriage? In that case, you are tax partners from the moment you are registered at the same address in 2012.

Who is your tax partner if several persons meet the conditions? If you had several tax partners in 2012, you had them either successively or simultaneously. See Several successive tax partners in one year in order to assess who could be your tax partners if you had several tax partners successively. See Several tax partners simultaneously for information about who is your tax partner if you have several tax partners simultaneously.

Registered partnership Do you and your partner have a registered partnership? In that case, the same tax rules apply to you as to married couples. You are tax partners. Wherever the explanation about registered partnership speaks of 'married', we also mean registered partnership. By 'divorce',

14

we also mean the termination of the registered partnership. A request for terminating the registered partnership has the same consequences for tax partnership as a request for divorce or judicial separation.

Please note!

Please note!

Other condition for tax partnership ceases to apply

Registered partnership has been recorded in the municipality's register of births, deaths, marriages and registered partnerships. Registered partnership is not a cohabitation contract drawn up by a civil-law notary. Even if you and your housemate are registered with the municipality as living at the same address, this does not automatically mean that you have a registered partnership.

Are you not married, are you still registered with the municipality as living at the same address, but, for example, has the notarial cohabitation contract been dissolved? In that case, you continue to be tax partners for as long as you are registered at the same address.

Tax partnership does not end if you and your partner no longer live together but are still registered with the municipality as living at the same address.

Example You and your partner had a child after you had concluded a notarial cohabitation contract. You and your partner had the notarial cohabitation contract dissolved in 2012. You are both still registered with the municipality as living at the same address. You no longer meet the condition to be tax partners under the notarial cohabitation contract. However, you are still tax partners because you have a child together.

You are unmarried and are registered at the same address In 2012, do you start living together without being married and do you meet one of the other conditions for tax partnership? Your tax partnership begins the moment you are both registered with the municipality as living at the same address. Were you already registered with the municipality as living at the same address before 1 January 2012? In that case, you are tax partners on 1 January 2012. In 2012, do you conclude a notarial cohabitation contract, do you have a child together or does one of you acknowledge the other person's child, do you buy a house together or do you register your partner with your pension fund in 2012, is a minor child of you or your housemate registered at the address? In that case, you are tax partners from that moment onwards. Are you registered together at the same address throughout the year? In that case, you are tax partners throughout 2012.

Admission to a care or nursing home Are you not married, but are you tax partners? And is either of you admitted to a care or nursing home due to old age or for medical reasons? And is the registration with the municipality changed as a result? In that case, you continue to be tax partners despite the changed registration with the municipality, unless either of you do not want this. In that case, you should inform us of this in writing. The tax partnership does end if either of you gets another tax partner.

When does your tax partnership end?

Consequences of tax partnership Tax partnership has consequences for: – the amount of your income If you are tax partners throughout the year 2012, you may apportion certain income and deductible items between you and your tax partner. – the threshold amounts If you are tax partners throughout the year 2012, you must add up your threshold income and that of your tax partner in order to calculate your threshold amounts. – tax credits Does your tax partner owe sufficient tax? And do you have little or no income yourself? In that case and under certain conditions, we will pay part of the tax credits to you. You are only entitled to some tax credits if you do not have a tax partner, for example the single-parent tax credit.

You are married and you get a divorce Do you get a divorce in 2012? You continue to be tax partners until you meet the following two conditions: – You or your spouse petitioned the court for a divorce or judicial separation. – You are no longer registered together with the municipality as living at the same address. Are you no longer registered at the same address and have you not yet filed a petition to the court? In that case, you are still tax partners.

You are living permanently separated If you get a divorce, there is often a period in which you are no longer living together, but are officially still married. This is called living permanently separated. If you are living permanently separated, you continue to be tax partners until you meet the following two conditions: – You or your spouse petitioned the court for a divorce or judicial separation. – You are no longer registered together with the municipality as living at the same address.

Tax partners throughout 2012 Are you tax partners throughout 2012? In that case, you may apportion certain income and deductible items in the tax return as you wish. This also applies to the dividend tax withheld. Any apportionment is allowed, as long as the total is 100%. The person with the highest income may then, for example, deduct the expenses. This gives you the greatest tax advantage. In some cases, you have no tax advantage, nor do you have a disadvantage.

More information More information about the tax consequences of living permanently separated can be found on www.belastingdienst.nl.

You may choose a new apportionment for each question about income and deductible items that you may apportion. The way in which you apportion the income and deductible items may influence the tax and contributions that you pay or that are refunded to you.

You are not married and you no longer meet the conditions for tax partnership No longer registered at the same address together Are you not married, but do you live together or do you have a housemate? And are you tax partners according to the conditions? Your tax partnership ends the moment you are no longer registered with the municipality as living together at the same address.

15

Examples of the partner scheme

Not tax partners throughout 2012 Are you not tax partners throughout 2012? In that case, you may opt to be considered as tax partners throughout the year. In that case, you may still apportion certain income and deductible items. This option has no effect on your tax credits.

Getting married You got married on 1 August 2012, but you were already living together throughout the year. You are both registered with the municipality as living at the same address. You are tax partners because of the marriage. Because you were already registered with the municipality as living at the same address on 1 January 2012, you are tax partners as from 1 January 2012.

Example Your deduction for the owner-occupied home is € 5,000. Your gross annual salary is € 65,000. In that case, a large portion of your income from work and home falls within the highest tax bracket of 52%. Your tax partner’s gross annual salary is € 14,000. This falls in the lowest tax rate of 33.1%. If you apportion the whole amount to yourself, the tax advantage will be 52% of € 5,000 = € 2,600. If you apportion the deductible item to your tax partner, the tax advantage will be 33,1% of € 5,000 = € 1,655. The advantage is € 2,600 – € 1,655 = € 945.

Divorcing You are married, but decide to separate. On 12 May 2012, your lawyer sent the divorce petition to the court. On 2 June 2012, the divorce was granted and registered. Awaiting accommodation, you continued to be registered with the municipality as living at the same address together. On 1 September 2012, you or your ex-spouse moved house. In that case, you are tax partners until 1 September 2012.

Overview of income and deductible items that you are allowed to apportion You may apportion the following income and deductible items between yourself and your tax partner: – the balance between the income from and deductible items for the owner-occupied home – the deduction due to little or no home acquisition debt – gains from a substantial interest – the joint basis for savings and investments (box 3) – maintenance paid and other maintenance obligations – expenses for supporting children younger than 21 years of age – specific medical expenses – expenses for a temporary stay at home of seriously disabled children, brothers or sisters – study costs or other educational expenses – maintenance costs for a nationally listed building – donations – losses on investments in venture capital – remainder of the personal allowance for previous years You may also apportion the dividend tax withheld between yourself and your tax partner.

You are married, but decide to separate. You or your spouse moved into another house on 24 April 2012. On 12 May 2012, your lawyer sent the divorce petition to the court. On 2 June 2012, the divorce was granted and registered. In that case, you are tax partners until 12 May 2012.

A notarial cohabitation contract for part of the year You lived together on 1 January 2012. You are both registered with the municipality as living at the same address. On 1 August 2012, you concluded a notarial cohabitation contract. As a result, you are tax partners. Because you are registered at the same address on 1 January 2012, you are already tax partners as from this date.

Living together in a rented house and no notarial cohabitation contract You live together in a rented house. You are both registered with the municipality as living at the same address. You do not have a notarial cohabitation contract. Do you have a child together, are you registered with a pension fund as pension partners or has 1 of you acknowledged the other person's child? Or were you already each other's tax partners in 2011? In that case, you are tax partners in 2012. If you did not, you are not tax partners.

Overview of income and deductible items that you are not allowed to apportion You may not apportion the following income and deductible items between yourself and your tax partner: – wage, benefit or pension – public transport commuting allowance – extra earnings and income as a freelancer, childminder, artist or professional athlete – income from assets provided – maintenance received and other regular payments – expenses for income provisions – negative expenses for income provisions – negative personal allowance

Living together, with a child You already lived together on 1 January 2012. You are both registered with the municipality as living at the same address. You do not have a notarial cohabitation contract. On 7 March 2012, you and your partner had a baby. As a result, you are tax partners. Because you are registered at the same address on 1 January 2012, you are tax partners as from this date.

Your tax partner died in 2012 Did your tax partner die in 2012? In that case, you are tax partners until the date of death. In that case, you may still opt to be tax partners throughout 2012 for the purpose of apportioning certain income and deductible items. Do you want to be tax partners for the whole of 2012? In that case, you state this in the tax return, together with the representative of the heirs of your deceased tax partner. This representative could be you as well.

Filing a digital tax return Do you want to calculate the apportionment that is best for you? In that case, use the tax return program. In the tax return program, you state how you wish to apportion the joint income and deductible items between yourself and your tax partner. Depending on the apportionment you make, the program will calculate the amount of tax you need to pay or will be refunded. You can download the tax return program via www.belastingdienst.nl. If you use this program, you do not have to do any calculations on paper.

16

3

Tax partner

It could be that your tax partner does not know his citizen service number/tax and social insurance number. In that case, you are not able to correctly file a tax return together with your tax partner. Your tax partner first needs to apply to us for his citizen service number/ tax and social insurance number in writing before your tax return can be processed. When applying, your tax partner should enclose the following documents: – a copy of a valid identity card, showing his name, initials and date of birth – if you are married: a copy of the marriage certificate if the marriage date and your spouse’s personal information are not evidenced by the copy of the identity card – proof of his home address (including his country of residence), if this is not evidenced by the copy of the identity card Your application for the citizen service number/tax and social insurance number should be sent in a separate envelope to: Belastingdienst Limburg/kantoor Buitenland Postbus 2865 6401 DJ HEERLEN

You may only be each other's tax partners throughout 2012 if you both opt for resident taxpayer status. If your partner is not filing a tax return himself, he opts for resident taxpayer status by signing your tax return form. In some situations, you and your spouse or housemate can also use a number of favourable schemes for tax partners if you did not opt for resident taxpayer status. In that case, however, you must live in Belgium, Suriname, Aruba, Curacao or Sint Maarten, or, as a German resident, you must be subject to the 90% facility. In that case, you also need to meet the conditions that apply to tax partnership.

In 2012, you were living in Belgium, Suriname, Aruba, Curacao or Sint Maarten and you did not opt for resident taxpayer status Were you married or did you register your partnership with the registry of births, deaths, marriages and registered partnerships? In that case, you meet the conditions. If you were living in Belgium, an additional condition is that, in 2012, you both had income that is taxed in the Netherlands.

For question 3c Enter the country code of the country in which your tax partner was living. This code always consists of three letters. See the table on page 8. If the country is not listed in the table, enter XXX as country code. For the Netherlands, use NLD.

As a German resident, you were subject to the 90% facility and you did not opt for resident taxpayer status If you are married or you registered your partnership with the registry of births, deaths, marriages and registered partnerships, you automatically meet the conditions. In that case, you can use a number of schemes that apply to tax partners. You do not meet the conditions if you were living together without being married and you did not register your partnership with the registry of births, deaths, marriages and registered partnerships.

4

Personal situation: children

In 2012, did one or more children aged 18 or younger live with you? In that case, you may be entitled to the income-related combination tax credit and the single parent tax credit. The age of the child may also be important for the general tax credit payment (see also question 44).

Using favourable schemes If you meet these conditions, you can use some of the schemes that apply to tax partners. This way, you can use the increase of the tax credit for partners with little or no income (questions 44 and 45). Moreover, you may apportion your so-called certain income and deductible items between yourselves. Enter the data of your housemate or spouse in questions 3a to 3d.

For question 4a Enter the date of birth of the youngest child.

Please note! As a German resident, were you subject to the 90% facility and do you not opt for resident taxpayer status? In that case, only your spouse can be your tax partner. Enter the data of your spouse in questions 3a to 3d.

For question 3b Citizen service number/tax and social insurance number of your tax partner This is the number under which your tax partner is registered with us. This number is stated in, for example: – the income tax return form and the income tax assessment notices of your tax partner – the payslip or the annual income or benefits statement issued to your tax partner by the employer or benefits agency – our letter to your tax partner about the citizen service number/tax and social insurance number – your tax partner’s Dutch driving license or passport

17

Profits from business activities

– The debt could not be collected, for example due to an (impending) insolvency. – Of the profit resulting from the debt relief, only the part exceeding the offsettable losses from work and home for the years up to 2011 and the loss from work and home for 2012 is exempt. Losses in the years following the year of the debt relief do not decrease the exempt amount.

Were you living abroad in 2012? And were you an entrepreneur or a co-titleholder in a business in the Netherlands? In that case, you received profits from business activities. You were, for example, a co-titleholder if you were a limited partner in a limited partnership. If you met the conditions in 2012 as an entrepreneur, you may use special schemes, such as the entrepreneur’s allowance and the investment tax credit.

For question 5c The reimbursement you received as an entrepreneur for participation in a government mobility project does not form part of the taxable profit.

If you opted for resident taxpayer status

More information about the exempt profit components and

In that case, when completing questions 5 to 14, take all your profits into account: your profits from the Netherlands and abroad together. You must also state the profit that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief for this profit. See the explanation for question 55.

the other conditions can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

6

If you did not opt for resident taxpayer status In that case, only take your profits from business activities in the Netherlands into account when completing questions 5 to 14.

5

Profits from business activities: exempt profit components

Profits from business activities: non-deductible or partially non-deductible costs and expenses

Which business expenses may you deduct from your revenue? You may deduct business expenses from the revenue. When deducting expenses, you need to take the following rules into account: – You may fully deduct business expenses. These are expenses which - within reasonable limits - are necessary for performing work, such as professional literature. – You may not deduct expenses that are not of a business nature. – You may only deduct the business portion of expenses that are both of a business and a private nature. – A threshold, standard or restriction on deductibility applies to some expenses. The relevant expenses can be found in Expenses with a

This question includes a number of objective exemptions. These are exemptions for which certain profits or losses are not included in the calculation of the taxable profit. When calculating the taxable profit, you must deduct the objective exemption from the profit.

For question 5a Exemption for income from forestry activities The profit from a forestry business is tax-exempt. In this context, ‘forest’ is a very broad concept. Trees alongside roads or surrounding a farm are also considered as a forestry business. The forestry business may form part of a more comprehensive business. As the profit from a forestry business is exempt, the loss incurred is not deductible either. Did you own a loss-making forestry business? In that case, you may request us not to apply the exemption. You may then deduct the loss. However, you are bound by a number of conditions.

threshold. – Any reimbursements you received for the expenses must be added to your revenues.

Examples of non-deductible expenses are: – expenses for a working space in the house and its furnishings and fittings, if you did not classify the house as business The cases in which you may deduct the expenses can be found in Working space deductible. – telephone subscriptions for telephone connections in the living area – clothing, with the exception of work clothing – expenses relating to personal care – withheld wage tax and national insurance contributions, premiums under the Invalidity Insurance (Self-Employed Persons) Act and income-related healthcare insurance contributions – a remuneration for the work done by your partner if the amount is lower than € 5,000. Is the remuneration € 5.000 or more? In that case, the whole amount is deductible – expenses for musical instruments, sound equipment, tools, computers, audio-visual equipment and suchlike. This applies

Exemption for income from agricultural activities The exemption for income from agricultural activities applies to the positive or negative changes in the value of agricultural lands that were not caused by operational management or a change in the intended use. The agricultural business may form part of a more comprehensive business. For example, a business has two different activities: agriculture and contract work.

For question 5b The exemption from debt relief income tax is an exemption for profit that arises if a creditor decides not to collect a debt you had to him. In that case, this results in a profit for you. This profit is exempt under the following conditions:

18

if these were part of your private assets or if you hired them for private purposes. – status-related expenses, such as the membership of a service club or the Rotary – expenses for vessels for representative purposes – fines imposed by a Dutch criminal court and sums of money in order to prevent criminal prosecution – penalties and increases imposed for the levy of taxes and contributions – penalties imposed by the Netherlands Competition Authority (NMA)

– expenses for, among other things, congresses, seminars, symposiums, excursions and study trips The threshold of € 4,400 also applies to travel and subsistence expenses relating to the congresses and suchlike. Furthermore, a maximum amount of € 1,500 is deductible for these travel and subsistence expenses. This maximum does not apply if attending a congress was necessary for your work. In the tax return, you may also choose to deduct 73.5% of the total of these expenses. In that case, you need not reduce these expenses by € 4,400.

Working space deductible

More information about the deduction of mixed expenses

You may deduct the expenses for a working space if all of the following conditions have been met: – The working space is an independent part of the house and is used intensively to earn an income. Independent means that the space is clearly distinguishable by external features, such as its own access or entrance. In addition, certain facilities in the working space may be of importance, such as sanitary facilities. – If you did not have a working space elsewhere, you must have earned at least 30% of the total of your profits from business activities, taxable wage (income from employment, pension and benefits) or taxable result from other work in the working space. You must also have earned at least 70% of this income in or from the working space. If you did have working space elsewhere, you must have earned at least 70% of this income in the working space.

can be found at www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

7

Profits from business activities: profits from ocean-shipping activities according to the tonnage tax scheme

For question 7a You can request to use the tonnage tax scheme. This is a system whereby the profit is determined on the basis of a fixed rate for a period of 10 years, or a multiple of 10 years. You need to request this during the 1st year in which you have profits from ocean-shipping activities. Cable-laying ships, pipe-laying ships, research vessels and crane vessels also fall under the tonnage tax scheme. It concerns the transport activities with these ships. We will send you a reply in the form of a decision. In case of a positive decision, you have to apply the tonnage tax scheme yourself.

Examples of partially deductible expenses are: – moving expenses You may only deduct the expenses you incurred for moving household effects to another accommodation. In addition, you may deduct a fixed amount of € 7,750. – costs of accommodation outside the place of residence for a maximum period of two years – costs of private means of transport You may deduct a fixed amount of € 0.19 per kilometre driven for business purposes. It does not matter which means of transport you used. – a usage fee for private property (no means of transport) that you used for business purposes This fee is limited. Your maximum deduction is the amount of the gains from savings and investments which applies to this property. You do not have to take the tax-free allowance into account. For example: for your business, you used a separate garage (not forming part of the owner-occupied home). The value of the garage in box 3 is € 30,000. You used the garage for three months. In that case, the deduction is 4% of € 30,000 = € 1,200 x 3/12 = € 300. – a fee for privately rented items (no means of transport) that you used for business purposes For this, you may deduct no more than a proportional part of the rent and any other rental expenses.

8

Profits from business activities: investment schemes

For question 8a There are three types of investment tax credits: – small projects investment credit – energy-saving investment credit – environmental investment credit

Small projects investment credit You may be eligible for this credit if you invested in business assets in 2012. The amount you may deduct from the profit is an amount according to the Table of the small projects investment credit for 2012.

Expenses with a threshold Was your business part of a partnership, such as a general partnership or a private partnership? In that case, the deduction is calculated differently. You take a percentage of the total investment by the partnership.

A threshold of € 4,400 applies to some expenses. You may only deduct the amount in excess of the threshold. This threshold applies to the following expenses: – expenses for food, drinks and stimulants – expenses for entertainment, such as receptions, festivities and amusement

19

Cars

Energy-saving investment credit

Certain fuel-efficient cars and zero emission cars also qualify for the small projects investment credit.

You can opt for this if, in 2012, you invested more than € 2,300 in business assets that are recognised by the Ministry of Finance and the Ministry of Economic Affairs, Agriculture and Innovation as energy-saving investments. The energy-saving investment credit is a maximum of 41,5% of € 118,000,000. Do you opt for the energy-saving investment credit? In that case, you are not entitled to the environmental investment credit for the same business assets.

Use the Table of the small projects investment credit for 2012 to determine the percentage you must use. Table of the small projects investment credit for 2012 Total investment amount more than  no more than – €   2.300 €   2.300 €  55.248 €   55.248 € 102.311 € 102.311 € 306.931 € 306.931 –

Deduction

Please note! A reporting procedure applies to the energy-saving investment credit. You must file a digital report through the e-desk of NL Agency. See www.agentschapnl.nl for more information.

0 28% € 15.470 € 15,470 - 7.56% x (investment amount - € 102,311) 0

More information about the energy-saving investment credit can be found in the brochure Energielijst 2012. You can download this from www.agentschapnl.nl.

Small projects investment credit in case of a split financial year

Environmental investment credit

If you have a split financial year, you calculate your small projects investment credit as follows: 1. Add up all investments that qualify for small projects investment credit during the entire (split) financial year. 2. On the basis of the tables, determine which percentage for the total amount of the small projects investment credit is applicable for the period in 2011 and the period in 2012. 3. Apply these percentages to the investments in the 2011 period and the investments in the 2012 period respectively.

You may opt for this if, in 2012, you invested more than € 2,300 in business assets that are recognised by the Ministry of Infrastructure and the Environment and the Ministry of Finance as environmental investments. There are three categories, to which different percentages apply. Do you opt for the energy-saving investment credit? In that case, you are not entitled to the environmental investment credit for the same business assets.

Electric cars The environmental investment credit also applies to electric cars.

Example Please note!

During the split financial year of 1 June 2011 to 31 May 2012, an entrepreneur makes the following investments: € 40,500 during the period of 1 June 2011 to 31 December 2011 and € 30,000 during the period of 1 January 2012 to 31 May 2012. The total investments in the financial year therefore amount to € 70,500.

A reporting procedure applies to the environmental investment scheme. You must file a digital report through the e-desk of NL Agency. See www.agentschapnl.nl for more information.

More information about the environmental investment credit and about the procedure can be found in the brochure Milieulijst 2012. You can download this from www.agentschapnl.nl.

In 2011, the fixed amount for the small projects investment credit was € 15,211 for investments of € 70,500 and in 2012, a fixed amount of € 15,470 applies to investments of € 70,500. In that case, the investment credit is; – 2011: (40,500/70,500) x € 15,211 = € 8.739 – 2012: (30,000/70,500) x € 15,470 = € 6.583 Total € 15.322

For question 8b The Research & Development Allowance (RDA) is a new additional deductible item for expenses and investments relating to the development of new products and services.

Use the Table of the small projects investment credit for 2011 to determine the amount you may use for the investments in the 2011 period of the financial year.

The allowance is 40% of the costs and expenditure that can be allocated to research and development. It concerns, for example, investments in equipment and materials. Wage costs do not count towards this allowance.

Table of the small projects investment credit for 2011 Total investment amount more than  no more than – €   2.200 €   2.200 €  54.324 €   54.324 € 100.600 € 100.600 € 301.800 € 301.800 –

In order to qualify for the allowance, you must have an RDA decision from the Ministry of Economic Affairs, Agriculture and Innovation. The amount qualifying for RDA is determined by NL Agency. More information can be found on www.agentschapnl.nl.

Deduction 0 28% € 15.211 € 15,211 - 7.56% x (investment amount - € 100,600) 0

For question 8c In 2012, did you dispose of (for example sold or donated) business assets to which you applied an investment credit in previous years? In that case, you may have to repay part of this credit. This is done by means of the capital disposal charge. You are obliged to repay part of the credit if you meet the following two conditions: – You sold or donated the business assets within five years after the beginning of the calendar year in which you made the investment. – The joint value of these business assets exceeds € 2,300.

20

11 Profits from business activities:

The amount of the capital disposal charge is a percentage of the amount for which you disposed of the business asset. However, the addition never exceeds the amount of a previous credit. The percentage you need to add should be the same percentage you used for the previous investment credit.

co-titleholder in a business

found at www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

You also state your revenue as profits from business activities in the following situations: – You are a co-titleholder in a business. – You granted a loan to a business and the loan was subordinated to other creditors. Or the compensation for this loan strongly depended on the profits from the business activities.

9

Please note!

More information about the capital disposal charge can be

Profits from business activities: changes in allowable reserves

In these situations, you are not entitled to entrepreneur facilities, such as the entrepreneur’s allowance.

Co-titleholder Tax reserves are part of the assets for wealth tax purposes. In order to determine the taxable profit, attention is paid to the additions and decreases (withdrawals). For these have not yet been included in the balance of the calculation of taxable profits.

You were a co-titleholder in a business if, in 2012, you were, for example, a limited partner in a limited partnership.

Lender Did you lend money to an entrepreneur and did this loan in fact function as the net assets of the business? Or did the compensation for the loan strongly depend on the profits from the business activities? In that case, you state the revenue as profits from business activities.

10 Profits from business activities: balance of the calculation of taxable profits

More information about co-entitlement can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

For this question, you can calculate your taxable profits from business activities.

13 Profits from business activities: entrepreneur’s allowance

Business assets in case of a partnership In 2012, were you part of a partnership, for example a general partnership, private partnership or other partnership? And did you only draw up a profit and loss account and a balance sheet at the level of the partnership to account for the income from this partnership? In that case, enter your own share in the business assets for question 10a (the end of the financial year) and question 10d (the start of the financial year).

You are entitled to the entrepreneur’s allowance if you are an entrepreneur and have profits from business activities. The entrepreneur's allowance is a deductible item for your profit and consists of: – self-employed deduction – allowance for research and development work – co-working partner's relief – relief for new businesses in case of occupational disability – business discontinuation relief

Were you part of a partnership, for example a general partnership, private partnership or other partnership? And did you only draw up a profit and loss account and a balance sheet at the level of the partnership to account for the income from this partnership? And, in addition, do you have any non-company assets or do you have your own business? In that case, enter the following for question 10a (the end of the financial year) and for question 10d (the start of the financial year): – your own share in the business assets – your non-company assets – the business assets of your own business

Are you a co-titleholder? In that case, you are not entitled to the entrepreneur's allowance.

Hours criterion Among other things, the (reduced) hours criterion applies to certain types of the entrepreneur's allowance. Moreover, each type of entrepreneur's allowance has additional conditions. Did you meet the hours criterion? In that case, you may be entitled to the self-employed deduction, the allowance for research and development work and the co-working partner's relief. Did you meet the reduced hours criterion? In that case, you may be entitled to the relief for new businesses in case of occupational disability.

Conditions for the hours criterion You usually met the hours criterion if you met the following two conditions:

21

For question 13c

– As an entrepreneur, you spent at least 1,225 hours in 2012 on actually running your business(es). Did you interrupt your work as an entrepreneur because of your pregnancy? In that case, the hours you did not work during a total of 16 weeks still count as hours worked. – You spent more than 50% of your working time on your business(es). Were you not an entrepreneur during one of the years between 2007 and 2011? In that case, you do not have to meet this 50% condition.

The self-employed deduction is no more than the amount of the profit, except if you qualify for the relief for new businesses.

For question 13d The self-employed deduction which you can deduct from the profit may not exceed the profit before the entrepreneur's allowance. The part of the self-employed deduction which you could not deduct from the profit for 2011 may be deducted from the profit in 2012. In that case, the profit must be more than the self-employed deduction for 2012.

Hours not included As an entrepreneur, were you part of a partnership (private or general partnership) with housemates, or with blood relatives or relatives by marriage in the direct line or their housemates (the so-called associated persons)? In that case, the hours do not count towards the hours criterion if: – your activities for the partnership were mainly of a supportive nature and it is unusual that a partnership is concluded for these activities – the partnership is connected with a company from which the associated persons earned profits as entrepreneurs, but not you yourself (the so-called subpartnership)

This scheme does not apply if you are entitled to the relief for new businesses.

For question 13f You are entitled to the allowance for research and development work if you met all of the following conditions in 2012: – You were an entrepreneur. – You met the hours criterion (see Conditions for the hours criterion). – You have an S&O statement from NL Agency which states that your activities fall under research and development work. This statement also specifies the amount you may deduct for this purpose. – You spent at least 500 hours on recognised research and development work.

Conditions for the reduced hours criterion As an entrepreneur, did you spend at least 800 hours in 2012 on actually running your business(es)? In that case, you usually meet the reduced hours condition. Did you interrupt your work as an entrepreneur because of your pregnancy? In that case, the hours you did not work during a total of 16 weeks still count as hours worked.

You are not entitled to the allowance for research and development work with respect to the profit which you generated as a co-titleholder.

More information about the (reduced) hours criterion can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

The allowance for research and development work is € 12,310. You may increase the allowance for research and development work by € 6,157, if you met all of the following conditions: – You were an entrepreneur in 2012. – You did not run your own business for at least one year during the period between 2007 and 2011. – You did not use the allowance for research and development work more than twice during the years between 2007 and 2011.

For question 13a You are entitled to the self-employed deduction if, in 2012, you met all of the following conditions: – You were an entrepreneur for income tax purposes. – You met the hours criterion (see Conditions for the hours criterion). In 2012, the self-employed deduction is a fixed amount of € 7,280 for entrepreneurs who were not yet 65 years of age at the beginning of the year. An amount of € 3,640 applies to entrepreneurs who were 65 years of age or older.

More information about research and development work can be obtained from www.agentschapnl.nl, and from www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Please note! For question 13g

This scheme does not apply if you are entitled to the relief for new businesses.

You are entitled to the co-working partner's relief if, in 2012, you met all of the following conditions: – You were an entrepreneur. – You met the hours criterion (see Conditions for the hours criterion). – Your tax partner worked 525 hours or more for your business without a remuneration, or the remuneration was less than € 5,000.

You are not entitled to the self-employed deduction with respect to the profits you generated as a co-titleholder.

For question 13b As a starting entrepreneur, you are entitled to the relief for new businesses (an increase of the self-employed deduction) if you met the following conditions: – You were entitled to the self-employed deduction in 2012. – You did not run your own business for at least 1 year during the years between 2007 and 2011. – You did not use the self-employed deduction more than twice during the years between 2007 and 2011.

You are not entitled to the co-working partner’s relief with respect to the profit which you generated as a co-titleholder. The number of hours assisted should be made plausible. The amount of the co-working partner’s relief is not income for your tax partner. Your tax partner does not have to pay tax on this. Use the Table for the co-working partner’s relief to determine the amount you may deduct as co-working partner’s relief. This does not include the profits made:

The relief for new businesses is € 2,123 (or € 1,062 if you were 65 years of age or older on 31 December 2011).

22

– in case of a compulsory purchase – in case of (partially) discontinuing the business – from the transfer of assets abroad

discontinuation relief from the discontinuation profit. The relief is equal to the discontinuation profit, but is no more than € 3,630. You are not entitled to the business discontinuation relief with respect to the profit which you generated as a co-titleholder.

Table for the co-working partner’s relief Number of hours assisted from to 525 875 875 1.225 1.225 1.750 1.750 -

Relief

Did you use the business discontinuation relief ('exemption for business discontinuation' prior to 2001) before? For example, because you discontinued part of the business. In that case, a different scheme applies. The business discontinuation relief in 2012 may then be limited.

1.25% of the profit 2% of the profit 3% of the profit 4% of the profit

For question 13h

More information about the business discontinuation relief

You are entitled to the relief for new businesses in case of occupational disability if, in 2012, you met all of the following conditions: – You were born after 31 December 1946. – You were an entrepreneur. – You were not an entrepreneur during one of the years between 2007 and 2011. – You were entitled to an occupational disability benefit (see Occupational disability benefit). – You did not meet the hours criterion (see Conditions for the hours criterion), but you did meet the reduced hours criterion (see Conditions for the reduced hours criterion). – There is no so-called untaxed return from a private limited company in 2012 or in one of the years between 2007 and 2011. – Your entrepreneurship is not a continuation of your entrepreneurship before 1 January 2007.

can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

14 Taxable profits from business activities For question 14a The SME profit exemption is a deductible item for your profit. You are entitled to this exemption if you were an entrepreneur in 2012. You do not have to meet the hours criterion.

Please note! You are not entitled to the SME profit exemption with respect to the profit which you generated as a co-titleholder.

You are not entitled to the relief for new businesses in case of occupational disability with respect to the profit which you generated as a co-titleholder.

The SME profit exemption amounts to 12% of the joint profit from one or more businesses. In order to determine the SME profit exemption, you first need to deduct the entrepreneur’s allowance from this profit.

The relief for new businesses in case of occupational disability is: – € 12,000 if you did not use this relief between 2007 and 2011 – € 8,000 if you used this relief in one of the years between 2007 and 2011 – € 4,000 if you used this relief in two of the years between 2007 and 2011 – € 0 if you used this relief between 2007 and 2011

If your business suffers a loss, the SME profit exemption will reduce the loss.

More information about the SME profit exemption can be obtained from the Tax Information Line Non-resident Tax Issues: + 31 55 538 53 85.

The relief for new businesses in case of occupational disability is no more than the profit made.

15 Wage and sickness benefits

Occupational disability benefit An occupational disability benefit is a: a. benefit under the Work and Income (Capacity for Work) Act (WIA) b. benefit under the Invalidity Insurance Act (WAO) c. benefit under the Invalidity Insurance (Self-Employed Persons) Act (Waz) d. benefit under the Work and Employment Support (Young Disabled Persons) Act (Wajong) e. benefit under a foreign statutory regulation similar to one of the regulations mentioned under a, b, c and d f. occupational disability benefit under a designated regulation g. regular payment or provision under a disability or accident insurance policy

from the Netherlands Were you employed in the Netherlands or were you receiving sickness benefit from the Netherlands? In that case, you received an annual income or benefits statement from your employer or benefits agency. This states the amounts you need to enter in your tax return. In that case, it concerns: – your wage or sickness benefit – the wage tax and national insurance contributions withheld – the employed person's tax credit and the life-course leave tax credit – your wage for the Healthcare Insurance Act

For question 13i Did you discontinue your entire business in 2012, for example because you sold the business? In that case, you need to pay tax on the discontinuation profit. In that case, you may deduct the business

If you opted for resident taxpayer status In that case, take into account all your wages subject to Dutch wage tax and national insurance contributions and other income from

23

employment in the Netherlands. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

receive a wage that is customary for the level and duration of your work. This wage is at least € 42,000.

Customary wage lower than € 42,000 but higher than € 5,000 Was your wage lower than € 42,000 but higher than € 5,000? And was this wage lower than customary? In that case, you must be able to make this plausible, for example by means of a comparison with similar income from employment where there was no substantial interest.

If you did not opt for resident taxpayer status In that case, only take your wage in the Netherlands into account. If, in 2012, you worked for your Dutch employer both in the Netherlands and abroad, we will regard the wage you receive from this employer as income from employment in the Netherlands. So you need to state the full wage here.

Customary wage more than € 42,000 For similar income from employment, is a higher wage customary? In that case, you must set your wage at the higher of the following amounts: – 70% of this higher customary wage, but at least € 42,000 – the wage of the employee who earns the most or of the employee who earns the most in a company in which you, your tax partner or your or your tax partner's minor children have a substantial interest. If you are under age, this also applies to the company of your parents, their tax partner and their minor children If you can make a plausible case that the customary wage should still not be higher, you may set the wage at the lower amount, but at least at € 42,000.

More information about tax treaties and the allocation of your income to your country of residence can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

For question 15a This concerns income from which Dutch wage tax and national insurance contributions have been withheld, and other income from employment in the Netherlands, therefore also if you were working for a non-Dutch employer in the Netherlands. Only state Dutch wage tax and national insurance contributions.

Were you the tax partner or the child of the substantial interest holder? And did you provide assets to the company or cooperative? In that case, the customary wage scheme applies to you in the same way.

You enter the following in 'loon en ziektewetuitkeringen uit Nederland': – wages – sickness benefits you received during the first two years of your illness, so no WIA or WAO benefits – supervisory directors' remunerations – benefits under the Work and Care Act For example, maternity and emergency leave, payments for the funding of a career break and any supplements to this – trainee allowances

Customary wage is € 5,000 or lower Are you able to demonstrate that the customary wage is € 5,000 or lower? In that case, you state the lower wage you received for your work. The limit of € 5,000 applies to the total of your work for all companies or cooperatives in which you had a substantial interest. So the limit does not apply per business.

Artist or professional athlete You enter the following income separately: – withdrawals under the life-course savings scheme if you were born in 1950 or earlier In that case, enter the part of the wage in question 16a. – tips or share option rights from which your employer did not have to withhold wage tax and national insurance contributions You state this income in question 15c. – foreign wage You state this income in question 17.

Did you have income as an artist or professional athlete? In that case, there are three possibilities: – You were employed. You state your income and the wage tax and national insurance contributions withheld in question 15a. – You were an entrepreneur. You state the income as profits from business activities in questions 5 to 14. – You were not employed and you were not an entrepreneur. You state your income in question 20. If the scheme for artists or professional athletes has been applied, you state the wage tax and national insurance contributions withheld in question 20d.

Which income is not income from employment? – strike benefits from trade unions You need not state this income. – income from freelance work, extra earnings and income as an artist or professional athlete that was not obtained from employment You state this income in question 20.

Repayment of wage or benefit, or refund of the income-related healthcare insurance contribution Did you receive too much wage or benefit or did you receive them erroneously? And did you repay this? Or did you receive a refund of the income-related healthcare insurance contribution? In that case, you have negative wage.

Lack of space? State the three highest wages on the upper three lines and the total of the other wages on the fourth line.

More information about negative wage can be obtained Wage together with a substantial interest

from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Were you employed by a private limited company in which you had a substantial interest? Or did you provide assets to a private limited company in which you were both a substantial interest holder and an employee? In that case, the customary wage scheme applies to you. This means that, as a substantial interest holder, you are deemed to

24

Wage after death

– special assistance You need not state this income. – freelance income, extra earnings and income as an artist or professional athlete that was not obtained from employment You state this income in question 20. – foreign wage, pension or benefits You state the wage in question 17, the pension or benefits in question 18.

If someone has passed away, it could be that, for example, wage is paid out after death. In that case, you, as an heir, state your share as ‘income from employment’. Each heir does this in his or her tax return. Has the wage been included in the deceased person's annual income statement? In that case, you may choose to state this income in the deceased person's tax return.

Please note! Does a civil-law notary administer the undivided estate? In that case, ask him which amounts you need to enter in your tax return.

16 Old-age pension (AOW),

For question 15b

pension, annuity and other benefits and lump sum payments from the Netherlands which were subject to wage tax and national insurance contributions

Enter the total of the employed person's tax credit that was settled with the income you stated in question 15a. You can copy these amounts from the annual income statement(s) or ask for them from your employer.

For question 15c Did you receive tips while you were employed? In that case, you should state the actual amount of the tips, minus the amount of tips that has already been included in your annual income statement. Your employer will know which amount was included in your annual income statement.

Share option rights As an employee, did you obtain share option rights that were not subject to wage tax and national insurance contributions? And did you exercise or dispose of these share option rights, for example by payment or sale? In that case, state their value in this question.

Did you receive old-age pension, pension or another benefit from the Netherlands? In that case, you received an annual benefits statement from the benefits agency. This states the amounts you need to enter in your tax return.

Other income from employment not subject to wage tax and national insurance contributions

If you opted for resident taxpayer status In that case, take into account your pension and benefits that were subject to Dutch wage tax and national insurance contributions and other benefits from the Netherlands. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

You worked for a foreign employer Were you employed abroad? Or did you work in the Netherlands for a foreign employer who does not have an establishment or permanent representative here? In that case, your employer did not have to withhold wage tax and national insurance contributions from your wage. For income tax purposes, you then state the gross wage including reimbursements. You may deduct 1.4% of this gross wage. We call this the work-related expenses scheme.

If you did not opt for resident taxpayer status In that case, only take your pension and benefits from the Netherlands into account. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax exemption. See the explanation for question 56.

Please note! Reimbursements and provisions to which a targeted exemption applies do not count towards gross wage. For example, a travel allowance for the business use of your private car. You must first deduct these reimbursements and provisions from your gross wage before you calculate the deduction of 1.4% for the work-related expenses scheme. Your employed has provided you with an overview of the reimbursements and provisions received.

What benefits and payments do you not enter here?

Did you receive any benefits from parties other than your employer during your employment? And did your employer not take this into account when determining your wage? In that case, state the actual amount of this other income.

– strike benefits from trade unions You need not state this income – special assistance You need not state this income – sickness benefits You state this income in question 15a. – lump sum annuity payments on which revisionary interest is owed You state this income in question 16b. – foreign pension and benefits You state this income in question 18a.

This does not concern: – rent benefit, healthcare benefit, childcare benefit and child-related budget You need not state this income. – strike benefits from trade unions You need not state this income.

For this question, you enter the following benefits and payments: – pension and redundancy pay – early retirement benefits (VUT), state pension benefits (AOW) and benefits received under the Surviving Dependants Act (ANW), the Unemployment Insurance Act (WW), the Invalidity Insurance Act (WAO), the Work and Income (Capacity for Work) Act (WIA), the

Benefits from parties other than your employer

25

You did not deduct all premiums paid or deposits made

Invalidity Insurance (Self-Employed Persons) Act (WAZ), the Older and Partially Disabled Unemployed Workers Income Scheme Act (IOAW) and the Older and Partially Disabled Former Self-Employed Persons Income Scheme Act (IOAZ) – withdrawals under the life-course savings scheme if you were born in 1950 or earlier – benefits received under the Work and Social Assistance Act (Wwb) – benefits received under the Work and Employment Support (Young Disabled Persons) Act (Wajong) – other occupational disability benefits and benefits received under compulsory occupational pension schemes – disability pension – maintenance you received for yourself via Social Services – job acceptance bonuses – annuity payments – lump sum payments of old-regime annuities These are annuity contracts which were concluded: – before 16 October 1990. The premium may not have been increased after that, except if this is possible under a clause in this policy. – after 16 October 1990 but no later than on 31 December 1991 and for which premiums were no longer paid after 31 December 1991. – lump sum payments of other annuities if they do not exceed € 4,242. It concerns annuities which were usually taken out after 31 December 1991 and which fall under the scheme for the surrender of small annuities. For this, see What is not a lump sum annuity payment of no more than € 4,242? on page 27 – lump sum pension payments – regular payments (and related lump sum payments) under an insurance policy which you took out yourself for disability, illness or an accident

Did you not deduct or only partially deduct the premiums you paid or deposits you made? In that case, this will be taken into account when calculating the tax you need to pay. You only pay tax on the payments if, in total, they exceed the amount of the non-deducted premiums or deposits.

Maximum amount of non-deducted premiums or deposits As from 2010, have you not deducted or only partially deducted premiums you paid or deposits you made? In that case, when calculating the tax that must be paid on the payments or lump sum payment, a maximum annual amount of € 2,269 will be taken into account. This amount applies to all annuity insurance policies and banking annuities combined. If the annuity insurance policy was taken out before 14 September 1999, the maximum amount applies for each annuity insurance policy. The premiums for this annuity insurance policy may not have been increased after 13 September 1999, unless this took place under an option clause. In 2009 or earlier, did you not deduct or only partially deduct the premiums you paid or deposits you made? In that case, when calculating the tax that must be paid on the payments or lump sum payment, the total amount of the non-deducted premiums or deposits will be taken into account. So the maximum annual amount of € 2,269 for non-deducted premiums or deposits does not apply to those years.

Example during the years between 2006 and 2017, you paid premiums amounting to € 3,000 per year. You did not deduct the premiums paid. The payments will start in the year 2018. The payment is € 2,400 per year. In this case, the payments are taxed the moment they exceed the amount of € 30,152 (4 x € 3,000 + 8 x € 2,269). In that case, the payments will not be taxed during the first 12 years (12 x € 2,400 = € 28,800). € 1,352 (€ 30,152 -/- € 28,800) of the payment in the 13th year will not be taxed. You must pay tax on the remainder of € 1,048 (€ 2,400 -/- € 1,352). As from the 14th year, the payments will be fully taxed.

Please note! Under certain conditions, an annuity insurance policy can be surrendered by means of the scheme for the surrender of small annuities. It usually concerns an insurance policy taken out after 31 December 1991. Here, the lump sum payment in 2012 does not exceed € 4,242. The same applies to an annuity savings account or annuity investment account of which you withdrew the balance in a lump sum.

Statement regarding premiums that were not deducted At your request, did we send you a 'statement regarding premiums that were not deducted' (also called a 'balance statement')? And did you give this statement to your insurer or financial institution before you received the payments? In that case, your insurer or financial institution already took your non-deducted premiums or deposits into account when withholding wage tax and national insurance contributions. Because the non-deducted premiums or deposits have already been included in the annual statement, you reproduce the amounts from the annual statement in the tax return.

Please note! Did you receive a lump sum pension payment? And would the amount of the pension payment exceed € 438.44 per year? In that case, read the explanation under Paying revisionary interest on lump sum annuity payments or not.

Annuity payments Did you receive annuity payments from your insurer or bank? In that case, you state these payments in your income tax return. The insurer or bank withholds wage tax and national insurance contributions from your payments. You also enter this wage tax and these national insurance contributions in your tax return. We will offset the wage tax and national insurance contributions against your income tax assessment.

No statement regarding premiums that were not deducted Did the insurer, bank or financial institution not take the non-deducted premiums or deposits into account when withholding wage tax and national insurance contributions? In that case, decrease the amount of the payment according to the annual statement by the non-deducted premiums or deposits. Here, a maximum of € 2,269 per year applies if it concerns non-deducted premiums or deposits in 2010 or later. For this, see You did not deduct all premiums paid or deposits made. State the outcome in your tax return. You copy the wage tax and national insurance contributions withheld from the annual statement without changing them.

You deducted all premiums paid or deposits made Did you fully deduct all life insurance premiums paid or deposits made into your banking annuity (annuity savings account or investment account)? In that case, the payments you received are also fully taxed.

26

Please note!

Benefit after death

If the amount of the non-deducted premiums or deposits is higher than the amount of the payment referred to in the annual statement, enter € 0 in the tax return. In that case, you may offset the remainder of the non-deducted premiums or deposits against the payments in your tax return for 2013 and any following years. You may do so until you have fully offset the amount of the non-deducted premiums or deposits.

If someone has passed away, it could be that a benefit is paid out after death. In that case, you, as an heir, state your share of the benefit in this section. Each heir does this in his or her tax return. Has the benefit been included in the deceased person's annual statement? In that case, you may choose to state this income in the deceased person's tax return.

Please note! If we ask for it, it must be demonstrated plausibly that you did not deduct or only deducted part of the premiums paid. We can help you with this because we have your tax return data as from the year 2001. For the premiums paid which you did not deduct or only deducted partially in the tax returns for 2000 and earlier, you must be able to demonstrate that you did not deduct or only deducted part of them. This is possible, for example, on the basis of a copy of the tax return form and the assessment notice for the relevant year.

Does a civil-law notary administer the undivided estate? In that case, ask him which amounts you need to enter in your tax return.

Lump sum annuity payments

Lump sum annuity payments on which you have to pay revisionary interest

Lack of space? State the two highest benefits on the upper two lines and the total of the other benefits on the third line.

For question 16b

Did you receive a lump sum payment from your insurer or financial institution? In that case, you must pay income tax on the lump sum payment. First, however, the insurer or financial institution will withhold wage tax and national insurance contributions from your lump sum payment. You offset this wage tax and these national insurance contributions in your income tax return.

Lump sum annuity payments on which you have to pay revisionary interest usually concern annuities taken out after 31 December 1991. Wage tax and national insurance contributions will then be withheld from this lump sum payment at a fixed rate of 52%. You can find the amount of the lump sum payment and of the wage tax and national insurance contributions withheld in the annual statement from your insurer or financial institution. This will sometimes also state the withholding code 950.

You deducted all premiums paid or deposits made Did you fully deduct all life insurance premiums paid or deposits made into your banking annuity (annuity savings account or investment account)? In that case, the lump sum payment you received is also fully taxed.

Please note! If your lump sum annuity payment does not exceed € 4,242 (maximum amount of the scheme for the surrender of a small annuity), you do not have to pay any revisionary interest. This is subject to a few additional conditions. For this, see What is not a lump sum annuity payment of no more than € 4,242?

You did not deduct all premiums paid or deposits made Did you not deduct or only partially deduct the premiums you paid or deposits you made? In that case, this will be taken into account when calculating the tax you need to pay. This is done in a way that can be compared to annuity payments. See the explanation for Annuity payments.

You did not deduct or only partially deducted premiums or deposits See the explanation for Annuity payments for the manner in which non-deducted or partially deducted premiums or deposits are taken into account.

Deductible expenses Did you incur expenses in order to obtain or retain a benefit or payment? In certain cases, you may deduct these expenses. This only applies to the following benefits and payments: – social assistance benefits and comparable benefits – benefits to casualties of resistance and war – regular payments under an insurance policy which you took out yourself, in connection with disability, illness or an accident – payments under a pension insurance policy which you took out as an entrepreneur – annuity instalments and lump sum annuity payments

Paying revisionary interest on lump sum annuity payments or not You only pay revisionary interest on lump sum annuity payments which you must enter in Lump sum annuity payments on which you have to pay revisionary interest. You do not pay any revisionary interest on all other lump sum annuity payments.

What is not a lump sum annuity payment of no more than € 4,242?

It concerns the following expenses, for example: – lawyer's fees – telephone expenses – postal charges – travel expenses – collection charges Enter the amount of your deductible expenses in question 25d.

It could be that the lump sum payment in your annual statement does not exceed € 4,242 but that the scheme for the surrender of small annuities does not apply to this. In that case, you do not enter such lump sum annuity payment here, even if the annual statement from the insurer, bank or other financial institution states an amount of no more than € 4,242. It concerns the following three situations: – Your lump sum payment was higher than € 4,242, but, for the purpose of wage tax and national insurance contributions, the insurer, bank or other financial institution decreased the lump sum payment by the premiums which you did not deduct. As a result, the amount in your annual statement is € 4,242 or lower. As it concerns your gross lump sum payment, you must, in this case,

Please note! You do enter your benefit or payment in question 16. The amount is stated in your annual statement.

27

enter the amount mentioned in the annual statement in Lump sum annuity payments on which you have to pay revisionary interest. – Your lump sum payment did not exceed € 4,242. This is also mentioned in your annual statement from the insurer, bank or other financial institution, but, at the moment of surrender, you still had one or more annuities with the same insurer, bank or other financial institution. In order to assess whether this special scheme applies, you must add the value of this other annuity/these other annuities to your lump sum payment. You only include the other annuities of which the payments had not yet started. Does the joint amount exceed € 4,242? In that case, enter the amount of the annual statement in Lump sum annuity payments on which you have to pay revisionary interest. – Your lump sum payment did not exceed € 4,242. Your annual statement from the insurer, bank or other financial institution also states this, but your annuity had already started and you had already received an earlier payment. In that case, too, you must enter the amount of the annual statement in Lump sum annuity payments on which you have to pay revisionary interest.

Were you working abroad in 2012 and were no Dutch wage tax and national insurance contributions withheld from your income? In that case, you still need to state this income in the Netherlands. Even if you already paid tax abroad.

For question 17a For this question, you enter the income you received from foreign employment. Did you have a company car in 2012? And did you also use this car for private purposes? In that case, you must add an amount to your income in the Netherlands.

Work-related expenses scheme Were you employed abroad? Or do you work in the Netherlands for a foreign employer who does not have an establishment or permanent representative here? In that case, your employer did not have to withhold wage tax and national insurance contributions from your wage. For income tax purposes, you then state the gross wage including the reimbursements. From this gross wage, you may deduct 1.4% but no more than the amount of this reimbursement.

Payments and lump sum payments under an old-regime annuity for married couples

Please note!

Are you married and, in 2012, did you receive payments under an old-regime annuity? And did you spouse deduct the premium(s) at the time? In that case, you do not automatically pay tax on the payments, but the spouse with the higher income in 2012. For the calculation of this income, you can use the income from work and home (box 1), but without the taxable income from the owner-occupied home and without the income from providing assets. Have any wage tax and national insurance contributions been withheld from your payment(s) while your spouse had the higher income in 2012? In that case, state the wage tax and national insurance contributions withheld in your tax return and € 0 as amount taxed. In that case, your spouse must state the payment(s) in his tax return without offsetting this wage tax and these national insurance contributions withheld.

Reimbursements and provisions to which a targeted exemption applies do not count towards gross wage. For example, a travel allowance for the business use of your private car. You must first deduct these reimbursements and provisions from your gross wage before you calculate the deduction of 1.4% for the work-related expenses scheme.

More information can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

18 Foreign pension and benefits

Deductible expenses Did you incur expenses in order to receive a lump sum annuity payment? In that case, you may deduct these expenses.

Only complete this question if you opted for resident taxpayer status. It concerns all your foreign pensions and benefits. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55. Did you receive, for example, a pension or disability benefit, unemployment benefit or another government benefit from a foreign employer or benefits agency? In that case, these are foreign benefits.

It concerns the following expenses, for example: – lawyer's fees – telephone expenses – postal charges – travel expenses – collection charges Enter the amount of your deductible expenses in question 25d.

19 Public transport commuting

Lack of space? State the two highest payments on the upper line and the total of the other payments on the second line.

allowance In 2012, did you commute to your work by public transport? In that case, you may deduct a fixed amount from your income under certain conditions. Did you receive a travel allowance from your employer? In that case, you need to deduct this allowance from the fixed amount. You can find the fixed amount in the Table for the public transport commuting allowance for 2012.

17 Foreign wage and suchlike Only complete this question if you opted for resident taxpayer status. In that case, take your joint income from employment in the Netherlands and abroad. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

If you opted for resident taxpayer status In that case, take all your public transport travel expenses you incurred for your job both in the Netherlands and abroad.

28

Calculation tool for the public transport commuting allowance

One-way distance

Place where you worked

Period from     to

Number of days per week

Commuting allowance (Reproduce from the Table for the public transport commuting allowance for 2012)*

-

+

Add Total public transport commuting allowance (no more than € 2,036) * Did you travel a proportionate part of the year? In that case, you first calculate a proportionate part of the amount from the Table for the public transport commuting allowance for 2012. From this, you deduct a travel allowance, if any.

If you did not opt for resident taxpayer status

chipcard, as we may request it. Do not enclose them with your tax return.

In that case, only take your public transport commuting expenses you incurred for your job in the Netherlands.

Employer took care of transport Conditions for the public transport commuting allowance

You are not entitled to the public transport commuting allowance if your employer took care of your transport or your tickets. Did you pay a contribution for this to your employer? In that case, you may be entitled to the commuting allowance if you also meet the other conditions (see Conditions for the public transport commuting allowance). Your contribution needs to be at least 70% of the commuting allowance to which you would be entitled if your employer did not take care of transport. You can find this amount in the Table for the public transport commuting allowance for 2012.

You are entitled to the public transport commuting allowance if, in 2012, you met the following three conditions: – The one-way distance from your house to your place of work by public transport was more than 10 kilometres. – You usually travelled one or more days a week to your work. Or you travelled at least 40 days to this workplace throughout 2012. You may only include journeys to your work and back that were made within 24 hours. – You had a public transport declaration or travel declaration.

You travelled, for example, 4 days per week a distance of 24 kilometres. Normally, the commuting allowance is € 974. Your employer paid the costs and you paid him a contribution. Was your contribution at least 70% of € 974= € 681? In that case, you are entitled to a commuting allowance of € 974.

What amount may be deducted? The amount you may deduct depends on the one-way commuting distance and the number of days on which you travelled by public transport. You can find this amount in the Table for the public transport commuting allowance for 2012. After that, you can use the Calculation tool for the public transport commuting allowance to calculate the total amount you may deduct for your public transport commuting expenses.

Reimbursement from your employer Did you receive a travel allowance from your employer? In that case, deduct this allowance from the fixed commuting allowance. Did you receive travel allowances from several employers? In that case, you add up these amounts. You then deduct the total amount from the fixed commuting allowance.

You travelled part of the year If you only travelled part of the year by public transport, calculate a proportionate part of the deductible amount from the table below.

Different workplaces Public transport declaration or travel declaration

Maybe you travelled to different workplaces on the same day. In that case, you may only deduct travel expenses for journeys to the place you travelled to the most. Did you travel to these different places with equal frequency? In that case, the place with the longest commuting distance will apply.

A public transport declaration is the proof that you travelled by public transport. You can request this declaration from the public transport companies. Students can obtain the declaration from the Education Executive Agency (Dienst Uitvoering Onderwijs or DUO). Did you have a year ticket from the Dutch Railway Services (NS-Jaartrajectkaart, NS-Jaarkaart or OV-Jaarkaart)? In that case, you need not request a public transport declaration, as we receive it directly from the Dutch Railway Services. Did you not receive a public transport declaration because you bought your ticket for each trip? Or did you use the public transport chipcard? In that case, ask your employer for a travel declaration.

If you travelled to different places on different days in a week, you may deduct the travel cost to both places according to the table. For example, you travelled two days a week to one place and three days a week to another place. The amount you deduct is the total commuting allowance (with a maximum of € 2,036) minus the allowances received.

Please note!

Special situations

Keep your public transport declaration, travel declaration, separate tickets or the overviews of the transactions using the public transport

Do you meet the conditions for the commuting allowance and would you like more information about a special travelling situation?

29

For example, because you had no permanent workplace? In that case, call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

If you did not opt for resident taxpayer status

Table for the public transport commuting allowance for 2012

More information about tax treaties and the allocation of

In this table, you can find the fixed deductible amounts. Look up the distance (one-way) between your home and your work and how many days per week you travelled. This way, you will find the amount you may deduct. You use this amount in the Calculation tool for the public transport commuting allowance to determine the total commuting allowance.

your income to your country of residence can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

In that case, only take the extra earnings in the Netherlands into account.

Records You are not obliged to keep records of the revenues from and expenses related to this work. However, if we ask you for information about this, you are obliged to provide this in an orderly manner within a reasonable time. It is therefore important that you keep information showing how you calculated the amounts. This could be, for example, invoices, receipts and bank account statements. Or the calculation you made for the depreciation of a business asset.

Table for the public transport commuting allowance for 2012 One-way distance You travelled per week more than  no more than 4 days or more 3 days 2 days 1 day   0 km 10 km € 0 € 0 € 0 € 0 10 km 15 km € 436 € 327 € 218 € 109 15 km 20 km € 582 € 437 € 291 € 146 20 km 30 km € 974 € 731 € 487 € 244 30 km 40 km € 1.207 € 906 € 604 € 302 40 km 50 km € 1.574 € 1.181 € 787 € 394 50 km 60 km € 1.751 € 1.314 € 876 € 438 60 km 70 km € 1.943 € 1.458 € 972 € 486 70 km 80 km € 2.008 € 1.506 € 1.004 € 502 80 km 90 km € 2.036 € 1.527 € 1.018 € 509 90 km – € 2.036 * * *

Please note! If you are an entrepreneur for income tax purposes, you are obliged to keep records.

Wage tax and national insurance contributions were withheld Did you agree with your customer that he would withhold wage tax and national insurance contributions? In that case, state your income and wage tax and national insurance contributions in question 15a.

For question 20a

*The commuting allowance in this case is € 0.23 per kilometre, one-way distance multiplied by the number of days you travelled in 2012. The maximum allowance is € 2,036.

Revenues from other work are, for example, revenues you received: – as a childminder – as an artist or professional athlete – from a personal budget (PGB) because you looked after a family member – as remuneration from your tax partner's business – by doing odd jobs for others (for example, cleaning or painting) – by performing household work for others – by giving courses or extra lessons – by writing articles and books – by giving lectures – by making a patent productive or selling it – by managing assets for which you did more work than usual – for incidental advice – as member of a city council – from lodgers – for voluntary work – from non-Dutch customers – as exceptional remunerations ('lucrative interest') – from work through the Internet (for example income from apps or trading on Marktplaats)

20 Extra earnings and income as a freelancer, childminder, artist or professional athlete Did you work as a freelancer or childminder in 2012? Or did you have extra earnings? Or were you, as an artist or professional athlete, not employed in 2012? In that case, it could be that no wage tax and national insurance contributions were withheld from your income. In these cases, you still eared money because you worked. You may deduct some expenses you incurred for this work. The difference between the revenues and the costs is the income from other work. This does not concern employment or profits from business activities. You must pay tax on this income from other work.

Please note! Please note!

If you were living in a house that you classify as business, the notional rental value is also part of the revenues from other work.

It does not concern employment or income from your business. You must state income from your business in questions 5 to 14.

Artist or professional athlete If you opted for resident taxpayer status

Did you have income as an artist or professional athlete? In that case, there are three possibilities: – You were employed. You state your income and the wage tax and national insurance contributions withheld in question 15a. – You were not employed.

In that case, take your extra earnings in the Netherlands and abroad into account. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

30

– a partnership of which your tax partner or your or your tax partner's minor children formed part In doing so, you only state the income if the asset was used to generate profits from business activities or income from other work. – a company in which you, your tax partner or your or your tax partner's minor children had a substantial interest You have a substantial interest if you (together with your tax partner) own at least 5% of the shares, options or profit-sharing certificates, for example in your own private limited company.

You state your income in question 20a. If the scheme for artists or professional athletes has been applied, you state the wage tax and national insurance contributions withheld in question 20d. – You were an entrepreneur. You state the income as profits from business activities in questions 5 to 14.

For question 20b You may deduct your business expenses from your revenues. The following applies to this: – You may fully deduct business expenses. These are costs which - within reasonable limits - are necessary for performing your work, for example professional literature. – You may not deduct expenses that are not of a business nature. – You may only deduct the business portion of expenses that are both of a business and a private nature. – A threshold, standard or restriction on deductibility applies to some expenses. See the supplementary explanation. – Any reimbursements you received for the expenses must be added to your revenues.

If you were under age, this also concerns providing assets to your parents, your tax partner and their minor children.

Income of a minor child In 2012, did your minor child have income from assets he provided? In that case, you must state this income.

No or negligible revenues from providing assets Did you have no revenues from providing assets, because you received no compensation (such as rent) for this? In that case, state the revenues that you would receive in case of arm's length use. You must also do this if you received a payment that was lower than in case of arm's length use.

More information can be found in the supplementary explanation Extra earnings or income as a freelancer, childminder, artist or professional athlete (for non-resident taxpayers). This discusses the following topics: – the use of premises classified as business – if you were working for your tax partner – if you had lodgers or did voluntary work – asset management: more work than usual – deductible expenses – lucrative interests – household work for others – personal budget (PGB) You can download this explanation from www.belastingdienst.nl.

Providing assets to a company in which you, your tax partner or your or your tax partner's minor children had a substantial interest Were you married in community of property in 2012? In that case, you state half of the income from the assets you provided to a company in which you, your tax partner or your or your tax partner's minor children had a substantial interest. Were you not married in community of property and were the assets part of your capital? In that case, state this income yourself.

Example You were not married in community of property and you lent money to a private limited company in which you held shares. In that case, you must state the income from this loan (interest). Were you married in community of property? And did you and your spouse provide an asset to your private limited company? In that case, you and your spouse each state half of the income from providing the asset. If, as a result of this change (from the person administering the asset to each person stating half), you no longer provided a share in the asset yourself, but your spouse did, you will transfer this part of the asset to your spouse.

21 Income from providing assets If you opted for resident taxpayer status In that case, take your assets in the Netherlands and abroad into account. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

For question 21a If you did not opt for resident taxpayer status

State your revenues from the provision of, for example, premises, claims, life insurance policies, certain call options and rights of enjoyment.

In that case, only take the assets in the Netherlands into account.

For question 21b

In 2012, did you provide, for example, premises to your tax partner or your or your tax partner's minor children? And did this person use these premises to generate profits from business activities or income from other work? In that case, you must state the income from this in box 1. The revenues minus the deductible expenses and the exemption are the income.

Did you incur expenses for the revenues from the provision? In that case, you may deduct these expenses. Examples of expenses are: – interest on debts – costs of loans in order to purchase assets – depreciation of, among other things, immovable property Furthermore, you may use the equalisation reserve and the reinvestment reserve.

When do you have to state this income? Only state this income if you provided an asset to: – your tax partner or your or your tax partner's minor children In doing so, you only state the income if the asset was used to generate profits or income from other work.

Records You need to keep records of the assets you provided. You also need to draw up a balance sheet and a profit and loss account. Do not enclose your records with your tax return.

31

23 Owner-occupied home

More information about providing assets can be found in the supplementary explanation Extra earnings or income as a freelancer, childminder, artist or professional athlete (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Did you or your tax partner have an owner-occupied home in 2012? In that case, you may deduct certain expenses for your owner-occupied home, such as the (mortgage) interest and financing costs. You may not always deduct all (mortgage) interest and financing costs. In addition, you need to add an amount to your income for this house: the notional rental value. Below you can read which costs you may deduct and which income you need to state.

For question 21c In 2012, did you have revenues from providing assets? An exemption of 12% applies to the revenues minus the deductible expenses.

What is an owner-occupied home?

22 Value of the assets

We consider a house to be your owner-occupied home if you meet the following two conditions: – You or your tax partner were the owner of the house. 'Ownership' is also understood to mean: –  a long-term ground lease or building and planting rights –  the membership of an association of apartment owners – the right of usufruct of the house (acquired under the law of inheritance) – The house was your principal residence. It therefore does not concern a holiday home or rented premises. You and your possible tax partner can only have one house as principal residence.

Did you receive income from other work? And did you use one of your assets, for example premises, for this work? In that case, you must enter the value of these assets in this question. You also state the book value of the liabilities you incurred for this. Did you provide assets, such as machines, land or premises, to your tax partner or your or your tax partner's minor children? Or to a partnership of which your tax partner or your or your tax partner's minor children formed part? Or to a company in which you, your tax partner or your or your tax partner's minor children had a substantial interest? In that case, you must also enter the value of these assets in this question as well as the book value of the liabilities you incurred for this.

Please note! A 'house' is also understood to mean a houseboat or caravan with a permanent mooring place or pitch.

For questions 22a to 22c

Did you and your tax partner both have a house? And did you and your tax partner both use these houses as principal residence? In that case, you need to choose which of these two houses was your principal residence for the home ownership scheme. You need to state the value of the other house and the pertaining debt in box 3 (savings and investments).

In the left column, state the book value of the assets and liabilities on 1 January 2012 or the value on the starting date in 2012. In the right column, state the book value of the assets and liabilities on 31 December 2012 or their economic value on the date of discontinuation in 2012.

Please note!

As an heir, did you acquire the usufruct of a house? In that case, you may apply the home ownership scheme if the estate is settled within two years after the death of the owner or co-owner. Has the estate not been divided within this period? In that case, state the value of the house and the pertaining debt in box 3 (savings and investments).

It does not concern the value of the owner-occupied home or a holiday home that you occasionally let.

For question 22d Did you discontinue your activities in 2012? In that case, state the economic value of your assets and liabilities on the end date. Did you partially discontinue your activities? In that case, state the economic value of the discontinued portion. You then state the book value for the other portion.

Exemption for previous and future house Sometimes, the owner-occupied home that temporarily was not your principal residence is still subject to the home ownership scheme. For example, if you bought another house and did not immediately move into it.

You may have to pay tax and national insurance contributions on the difference between the economic value and the book value of the assets and liabilities. In some cases, no tax and national insurance contributions need to be paid on this difference.

More information about temporarily having two houses can be found in the supplementary explanation Owner-occupied home (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

More information about, among other things, including assets in the balance sheet can be found in the supplementary explanation Extra earnings or income as a freelancer, childminder, artist or professional athlete (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Income from the owner-occupied home includes: – the notional rental value – the income from temporarily letting the house – the taxable part of the payment under a capital sum insurance policy associated with home ownership – the taxable part of the unblocked balance of a savings account associated with home ownership A savings account associated with home ownership may also include an investment account associated with home ownership.

32

Deductible expenses of the owner-occupied home include: – (mortgage) interest and financing costs – the periodic payments for a long-term ground lease, building and planting rights or a perpetual hereditary lease

transfer tax and notarial charges in connection with the transfer. As purchase price of a newly-built house, you take the total of: – the contract price – the purchase price of the land – the interest during construction for the period before the sales contract including resolutive conditions was concluded – contract variations – the expenses incurred without involving the building contractor, for example, for paving and laying out a garden

Please note! Did you have a share in the capital of an Owners' Association? In that case, the share is an asset in box 3 (savings and investments).

Home acquisition debt For question 23e

The home acquisition debt is the amount you borrowed for the owner-occupied home and on which you may deduct the interest. The home acquisition debt is increased by the loan you took out for the financing costs (handling fee up to a maximum of € 3,630) of the home acquisition debt. You may only deduct the (mortgage) interest if you used the loan for: – the purchase – refurbishment and maintenance of the owner-occupied home – the buyout of a long-term ground lease

State the expenses incurred for the maintenance or refurbishment of the owner-occupied home. It concerns, for example, expenses for an extension, placing a dormer window, replacing window cases or paintwork.

For question 23f You must state the home acquisition debt on 31 December 2012. It concerns the loans for the purchase of the house or for the refurbishment and maintenance of the house. Debts you incurred for the financing costs and for the buyout of long-term ground leases are also included. If the additional loan scheme applied in 2012 or before, this may influence the amount of the home acquisition debt.

Example Your total (mortgage) debt is € 200,000. From this amount you bought a car for € 20,000. In that case, your home acquisition debt is € 180,000 as you did not spend € 20,000 on your house. You may deduct the (mortgage) interest on € 180,000.

For question 23h The WOZ value (Waardering Onroerende Zaken or Valuation of Immovable Property) is mentioned in the WOZ assessment you received from your municipal authority. Are any annexes, such as a garage, mentioned separately in the WOZ assessment? Or did you receive a separate WOZ assessment for these annexes? In that case, add up the WOZ values if these annexes are part of the house.

When are you not allowed to deduct all mortgage interest? There are situations that limit the deduction of (mortgage) interest: – You did not fully use your loan for your owner-occupied home (see Home acquisition debt). – You received a payment under a capital sum insurance policy associated with home ownership or a savings account associated with home ownership. In that case, you need to decrease your home acquisition debt by the part of the payment that is exempt from tax. You may deduct the interest from the remaining amount. – You sold your owner-occupied home and bought another owner-occupied home. In that case, you need to take the equity into account. See Home acquisition debt and moving: the additional loan scheme.

Reference date 1 January 2011 For the year 2012, the WOZ value with value reference date 1 January 2011 applies. This is mentioned in the WOZ assessment you received at the beginning of 2012 from your municipal authority.

Newly-built house Did you buy a newly-built house? In that case, use the value of the WOZ assessment issued by the municipal authority, even if it only refers to the land or to a partially finished house.

More information about what you should do if you objected

Home acquisition debt and moving: the additional loan scheme

against the WOZ assessment or if you did not receive a WOZ assessment can be found in the supplementary explanation Owner occupied home (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

If you sold your owner-occupied home and bought another house, this may have consequences for your home acquisition debt and your (mortgage) interest relief. As a result, you may be dealing with the additional loan scheme. In that case, you may no longer deduct all (mortgage) interest if you have equity.

If you opted for resident taxpayer status

found in the supplementary explanation Home equity reserve or sale of the owner-occupied home (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

In that case, take into account your house abroad and possibly your house in the Netherlands if it was subject to a special situation. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief.

For question 23a

Please note!

State the net proceeds of the house sold. This is the selling price received minus the selling costs, such as estate agent's charges and notarial charges in connection with the transfer.

Did you opt for resident taxpayer status? And is 90% or more of your income taxed in the Netherlands? In that case, the negative income from the owner-occupied home need not be set off. Visit www.belastingdienst.nl for more information. See also the explanation for question 55.

More information about the additional loan scheme can be

For question 23d State the purchase amount of the house bought. This is the purchase price plus the purchase costs, such as estate agent's charges,

33

If you were living in Germany and received an Eigenheimzulage

rental value that is equivalent to your share in the ownership of the house. You may only deduct this (mortgage) interest and financing costs that related to your share in the home acquisition debt. Did you pay less? In that case, you may only deduct the amount paid.

The Eigenheimzulage is a periodic German government benefit. The Eigenheimzulage, including any child allowance, should be stated in question 25a and also in question 55a.

Did you pay periodic amounts for a long-term ground lease, building and planting rights or a perpetual hereditary lease? In that case, you need to take your share in the ownership of your house into account. In that case, you may deduct no more than the part that is equivalent to your share in the ownership of the house.

If you did not opt for resident taxpayer status In that case, you may not enter the data about your owner-occupied home in your country of residence. If you had another house in the Netherlands, this house is usually part of box 3. In special situations, your (second) home in the Netherlands is temporarily still subject to the home ownership scheme. As a result, the interest, for example, is deductible. These special situations are mentioned in the previous text. Bear in mind that these conditions only apply to your (owneroccupied) home in the Netherlands.

Example You owned 3/4 of the house and your housemate, who was not your tax partner throughout the year, owned 1/4. You did not opt to be considered as tax partners throughout the year. In that case, you state 75% of the notional rental value of the entire house. You may then also deduct no more than 75% of the (mortgage) interest, the financing costs and the periodic payments for a long-term ground lease, building and planting rights or a perpetual hereditary lease for the owner-occupied home.

For question 23i You must add an amount to your income for your owner-occupied home: the notional rental value. The notional rental value is a percentage of the WOZ value of the owner-occupied home that was your principal residence. Did you move house in 2012? In that case, in order to determine how long the house was your principal residence, use the date on which the municipal authorities changed your home address. So do not use the actual removal date. Use the Table for the notional rental value to determine the notional rental value.

For question 23j Did you take out a savings-based or endowment mortgage for financing your owner-occupied home? In that case, you usually paid premiums for a capital sum insurance policy. You use the payment under this insurance policy to redeem your mortgage or loan for the owner-occupied home (home acquisition debt) later. But you can also save yourself for redeeming your mortgage.

Table for the notional rental value Therefore, you can redeem your mortgage in two ways: – You took out a 'capital sum insurance policy associated with home ownership' with an insurer. With the capital sum insurance, you insure yourself for a capital. You use this capital to redeem your mortgage or loan for your owner-occupied home later. – You have a 'savings account associated with home ownership' or an 'investment account associated with home ownership' with a bank. You can use a savings account associated with home ownership or an investment account associated with home ownership to save for redeeming your mortgage or loan. This is also called 'bank saving'.

Value of the house Notional rental value more than  no more than – € 12.500 0% € 12.500 € 25.000 0,20% € 25.000 € 50.000 0,35% € 50.000 € 75.000 0,45% € 75.000 € 1.040.000 0,60% € 1.040.000 – € 6,240 + 1,30% of the value exceeding €  1,040,000

An owner-occupied home for part of the year If you only had an owner-occupied home for part of the year, you must also state a part of the notional rental value. If, for example, you had an owner-occupied home for six months, half of the notional rental value will apply.

Tax advantages Capital sum insurances associated with home ownership, savings accounts associated with home ownership and investment accounts associated with home ownership have the same tax advantages.

Tax partners If you had a tax partner throughout 2012, you both first state the total of the notional rental value and the total of the deductible items. Subsequently, you may apportion the balance between the income from and the deductible items for to the owner-occupied home between yourselves. Any apportionment is allowed, as long as the total is 100%.

Tax-free Capital sum insurances associated with home ownership, savings accounts associated with home ownership and investment accounts associated with home ownership are part of box 1. This means that, during the saving period (term), you do not pay any tax on the capital you accrue. Nor on the interest you receive. You therefore need not state the capital accrued and the interest.

Please note! You may only apportion the balance between the income from and deductible items for the owner-occupied home between yourself and your tax partner. It is not possible, for example, for one tax partner to merely state the notional rental value and for the other tax partner to merely state the expenses.

Exemption The moment you redeem the home acquisition debt using the amount saved, an exemption applies up to a certain maximum amount. In that case, you do not have to pay tax on the amount saved, nor on the interest.

Two or more owners/occupants who are not tax partners In 2012, were you, together with one or more persons, the owner of your principal residence and were you not each other's tax partners throughout the year? In that case, you state the part of the notional

34

Deduction of interest

For question 23m

During the term of the home acquisition debt, you pay interest. You may deduct this interest in box 1.

Deductible expenses for the owner-occupied home are: – (mortgage) interest and financing costs – periodic payments for a long-term ground lease, building and planting rights or a perpetual hereditary lease

More information about capital sum insurances associated with home ownership, savings accounts associated with home ownership and investment accounts associated with home ownership can be found on www.belastingdienst.nl.

Do you have few or no deductible expenses for your owner-occupied home? In that case, you may be entitled to the deduction due to little or no home acquisition debt. See question 23t.

For question 23k Deductible (mortgage) interest and financing costs for the owner-occupied home

If you temporarily let your owner-occupied home, 2 situations are possible: – temporary letting of your old house that was for sale in 2012 – temporary letting of your principal residence that was not for sale in 2012

It concerns deductible (mortgage) interest on and financing costs of the loans you took out for the purchase, maintenance or refurbishment of the owner-occupied home. These loans constitute the home acquisition debt. You need to have paid the interest and costs in 2012. You may not deduct other costs you incurred for your owner-occupied home, such as the costs of maintenance and refurbishment.

Temporary letting of your old house that was for sale in 2012 You moved into another house. You temporarily let your old house that was for sale. From that moment on, this house is part of box 3. In that case, you need not state the income from the temporary letting in box 1. You may no longer deduct the (mortgage) interest. Has the rental period ended? In that case, the house is subject to the home ownership scheme again (box 1). You may then deduct the (mortgage) interest again. This scheme applies up to three years after the end of the year in which you left the house. This may also have consequences for the additional loan scheme.

Deduction of interest for a maximum of 30 years You may deduct the interest for a maximum of 30 years. If you took out the loan before 1 January 2001, the 30-year period will start on 1 January 2001.

Deductible (mortgage) interest – interest on loans for financing the purchase sum, maintenance or refurbishment of your house – interest on loans for financing costs relating to the purchase, refurbishment or maintenance of your house, for example, notarial charges – interest on loans for financing the costs relating to taking out the loan for the purchase of your house, for example, for handling fees and other brokerage costs in order to take out the loan – interest on loans for the buyout of a long-term ground lease, building and planting rights or a perpetual hereditary lease – under certain conditions: interest on a refurbishment deposit or a new building deposit (see Special rules on page 36)

More information about the additional loan scheme can be found in the supplementary explanation Home equity reserve or sale of the owner-occupied home (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Temporary letting of your principal residence that was not for sale in 2012 Did you temporarily let your owner-occupied home in 2012? For example, during holidays or a short stay abroad? In that case, your house will remain subject to the home ownership scheme (box 1) despite the temporary letting. This means that, for the period including the temporary letting, you state the following: – the notional rental value in question 23i – the deductible (mortgage) interest and financing costs in question 23m – any payments for a long-term ground lease, building and planting rights or a perpetual hereditary lease in question 23n In addition, you state 70% of the rent received for the rental period. The period you temporarily let the house is included in the period that you determine the notional rental value for this house.

Deductible financing costs – handling fees and other brokerage costs in order to obtain the loan From this, you may deduct no more than 1.5% of the debt with a maximum of € 3,630. If you paid more, see Examples of handling fees – notarial charges and cadastral fees for the mortgage deed – penalty interest or remortgaging costs paid – valuation costs (only in order to obtain a loan) – costs of the application for National Mortgage Guarantee or Nationale Hypotheek Garantie

Rent received 'The rent received' means the rent excluding the reimbursement of expenses directly related to the temporary letting of the house. It concerns, for example, the expenses of: – gas and electricity used by the tenant – services rendered to the tenant, such as cleaning and washing – advertisements and commission Maintenance costs, depreciation charges and fixed charges may not be deducted from the rent received.

– interest during construction for the period after the sales contract including resolutive conditions was concluded – under certain conditions: costs of a refurbishment deposit or a new building deposit (see Special rules on page 36)

Examples of handling fees Example without a tax partner On 1 July 2012, you paid € 6,030 for a loan with a 20-year term. In that case, you divide the amount exceeding the maximum by the number of months of the term, so € 2,400 : 240 = € 10. In 2012, you may deduct 6 x € 10 = € 60. In this example, you may, in 2012, deduct the maximum (€ 3,630) + € 60 = € 3,690. Subsequently, you may, during the remainder of the term of the loan (20 years), deduct

More information about temporary letting, letting part of your owner-occupied home and room letting exemption can be found in the supplementary explanation Owner-occupied home (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

35

– Your loan is placed in a separate account that was especially opened for building a new house: a new building deposit. – In 2012, you paid interest in advance for a period after 30 June 2013.

€ 117 (€ 2,340 : 20) per year. For the purpose of this calculation, the six months of the final year are also considered to be a full year. Example with a tax partner As in example 1, but now you had a tax partner throughout 2012. You bought the owner-occupied home together and took out the loan together; in equal shares. The handling fees amounted to € 8,460. A maximum deduction of € 3,630 applies to each tax partner. € 7,260 in total. You divide the amount exceeding the maximum by the number of months of the term, so, in total, € 1,200 : 240 = € 5. In 2012, you may deduct 6 x € 2.50 = € 15 for each tax partner. In this example, you may, in 2012, deduct € 3,630 + € 15 = € 3,645 for each tax partner. € 7,290 in total. Subsequently, you may, during the remainder of the term of the loan, deduct € 30 (€ 585 : 20 = € 30 rounded off) per year for each tax partner.

Refurbishment loan not yet used Did you borrow money for the maintenance or refurbishment of the owner-occupied home? And the money has not yet been used for this? In that case, you may perhaps still deduct the interest and financing costs. The loan must have been taken out for the maintenance or refurbishment of the owner-occupied home. You may fully deduct the interest and financing costs for up to six months after the loan was taken out. After six months, the interest on the loan is only deductible once you have paid the maintenance or refurbishment costs. The maintenance or refurbishment costs may also have been paid from another account. The interest on the loan is deductible if you could continuously withdraw the money borrowed for the maintenance or refurbishment. After six months, you must deduct the interest you received on the credit balance that you did not yet utilise for refurbishment from the the paid interest and costs.

Not deductible – redemption of the home acquisition debt – brokerage costs for the purchase of the house, for example the commission – transfer tax and turnover tax – notarial charges and cadastral fees for the purchase deed – interest during construction for the period before the sales contract including resolutive conditions was concluded – costs of maintenance and refurbishment Under certain conditions, costs relating to a nationally listed building may be deducted. – interest on and costs of loans (even if you financed them with a mortgage on your owner-occupied home) which do not constitute home acquisition debt, for example a loan to buy a car – interest on and costs of loans not being home acquisition debt under the additional loan scheme – interest on loans for the owner-occupied home, taken out between tax partners – interest on loans you took out for a house which you bought from your tax partner This only applies to the part of the debt exceeding the original debt on that house. – interest on loans you took out to pay deductible interest on and costs of loans For example, a loan to pay the penalty interest or interest during construction. You may deduct the interest on a loan you took out before 1 January 2001 to pay deductible remortgaging costs or interest during construction. – premiums for a capital sum insurance policy associated with home ownership and payments into a savings account associated with home ownership - negative income from the owner-occupied home insofar as it can be taken into account for the partner in the state of residence or the BES islands. This only applies if your partner also opted for resident taxpayer status.

You already paid the refurbishment costs yourself Did you take out the loan during or after the maintenance or refurbishment? In that case, you may have already paid (part of) the maintenance or refurbishment costs yourself. Did you take out a loan for this within six months after the start of the refurbishment? In that case, the interest on and the costs for a refurbishment loan may also be deducted as costs for the owner-occupied home, up to the amount of the costs you incurred in that period.

Two-year scheme for a refurbishment deposit If the amount borrowed is placed in a separate account that was especially opened for the maintenance or refurbishment, this is called a refurbishment deposit. You may fully deduct the interest and financing costs of the refurbishment deposit for a maximum period of six months after the loan was taken out. After six months, you need to deduct the interest you received on the balance of the refurbishment deposit from the interest and costs paid. This scheme only applies as long as you used the deposit for maintenance or refurbishment and up to two years after the loan was taken out. Did the maintenance or refurbishment cease earlier? In that case, the interest on the remainder of the deposit will no longer be deductible. You need to state the remainder of the deposit in box 3. Only the interest on the part of the loan that was used for the maintenance or refurbishment may then be deducted.

Please note! Did you borrow money for the maintenance or refurbishment of the owner-occupied home? And do you have a home equity reserve because you sold an owner-occupied home? In that case, the loan (or part thereof) is no home acquisition debt. See Home acquisition debt and moving: the additional loan scheme on page 33.

Special rules

Two-year scheme for a new building deposit

In 2012, were you dealing with one of the following situations? In that case, special rules apply in order to determine whether you may deduct the (mortgage) interest and financing costs. – You borrowed money for the maintenance or refurbishment of the owner-occupied home, but have not yet used the money for this. – Your loan is placed in a separate account that was especially opened for the maintenance or refurbishment: a refurbishment deposit.

If the amount borrowed is placed in a separate account that was especially opened to build the house, this is called a new building deposit. In that case, you may fully deduct the interest and financing costs of the new building deposit for a maximum period of 2 years. You need to deduct the interest you received on the balance of the new building deposit from the interest and costs paid.

Please note! Did you borrow money for the maintenance or refurbishment of the owner-occupied home? And do you have a home equity reserve

36

Your (mortgage) debt already existed on 31 December 1995

because you sold an owner-occupied home? In that case, the loan (or part thereof) is no home acquisition debt. See Home acquisition debt and moving: the additional loan scheme.

Did the (mortgage) debt on your house already exist on 31 December 1995? In that case, you may deduct the interest on this (mortgage) debt. The same applies if you have not used the loan for the purchase, refurbishment or maintenance of the house. A condition is that the (mortgage) debt still relates to the same house in 2012 and that the house was still your owner-occupied home.

When does the two-year period start? The two-year period starts as soon as the sales/building contract has been signed. A loan has often not yet been taken out at that time. The loan is usually taken out later and only paid upon transfer of title to the house under construction before a civil-law notary. In that case, the two-year period starts at the moment of the transfer of title before the civil-law notary.

Refunded interest Did your bank or other lender refund interest to you, because you paid too much (mortgage) interest in a preceding year? Was this because the bank or other lender charged you too much interest? And, in a preceding year, did you deduct this interest as (mortgage) interest on the home acquisition debt? In that case, you must deduct this refunded interest from the deductible (mortgage) interest on and financing costs of the loans you took out for the purchase, maintenance or refurbishment of the owner-occupied home. Do you no longer have an owner-occupied home, or is the refunded interest higher than the deductible interest? See Refunded interest higher than deductible interest and Refunded interest but no longer an owner-occupied home.

Please note! Did you borrow money for the construction of the owner-occupied home? And do you have a home equity reserve because you sold an owner-occupied home? In that case, the loan (or part thereof) is no home acquisition debt. See Home acquisition debt and moving: the additional loan scheme.

Not using the two-year scheme Do you not want to use the two-year scheme for a refurbishment deposit or a new building deposit? In that case, you may only deduct the interest and costs on the part of the loan of which you actually used the money for the purchase, refurbishment or maintenance of the owner-occupied home. The part of the loan you have not yet used for your owner-occupied home is part of box 3. You may not deduct the interest and costs of this part of your loan in box 1. In that case, your refurbishment or new building deposit is also part of the capital yield tax base in box 3. You do not offset the interest you received on the deposit against the paid interest and costs of your owner-occupied home.

Refunded interest higher than deductible interest Is the refunded interest higher than the amount of your deductible (mortgage) interest on and financing costs of the loans you took out for the purchase, maintenance or refurbishment of the owner-occupied home? And, in a preceding year, did you deduct this interest as (mortgage) interest on the home acquisition debt? In that case, enter € 0 for question 23m. You state the difference in question 26a.

Example Pre-paid interest

The notional rental value is € 750. You paid mortgage interest amounting to € 2,000 for the home acquisition debt. This amount is deductible. In 2012, the bank refunded interest to you amounting to € 2,500 for previous years. As your deductible interest (€ 2,000) is lower than the refunded interest (€ 2,500), you can only process € 2,000 of the € 2,500 in refunded interest in 'eigen woning'. You state the remainder of € 500 ( € 2,500 - € 2,000) in question 26a.

In 2012, did you pay in advance part of the (mortgage) interest for a period up to 1 July 2013? In that case, this amount can be fully deducted in 2012. So you may pay interest in advance for no more than six months. In 2012, did you pay in advance part of the (mortgage) interest for a period after 30 June 2013? In that case, this amount cannot be deducted in full. You may only deduct the (mortgage) interest you paid in 2012 for the period between 1 January 2012 and (no later than) 31 December 2012. You deduct the part you are not allowed to deduct in 2012 in equal parts for the remaining years for which you paid the interest.

Refunded interest but no longer an owner-occupied home Were you refunded interest which you deducted as (mortgage) interest on the home acquisition debt in a preceding year? And do you no longer have an owner-occupied home? In that case, state the refunded interest in question 26a.

Please note! For question 23n

This concerns deductible (mortgage) interest on the loans you took out for the purchase, maintenance or refurbishment of the house that was your principal residence.

If the land on which your home was built did not belong to you, you paid a monthly or annual amount for this to the landowner. These periodic payments for a long-term ground lease, building and planting rights or a perpetual hereditary lease are deductible. You may deduct the payments you made in 2012. A long-term ground lease and building and planting rights are often for a fixed period. A perpetual hereditary lease is a perpetual right to use someone else's land.

Example In August 2012, you paid € 24,000 in interest for the period between 15 August 2012 and 14 August 2014. So you paid interest in advance for a period after 30 June 2013. You may only deduct the amount you paid for 2012. You paid for a period of 24 months, of which 5 months in 2012. In 2012, you may deduct 5/24 x € 24,000 = € 5,000. You deduct the pre-paid interest in equal shares for the remaining years for which you paid the interest. This is € 9,500 in 2013 and € 9,500 in 2014.

The following is not deductible: – buildings insurance premiums – lump sums to buy out a long-term ground lease, building and planting rights or a perpetual hereditary lease If you bought out a long-term ground lease, building and planting rights or a perpetual hereditary lease, the interest on the loan you took out to finance the lump sum, is usually deductible.

Please note! In 2011, did you pay interest for a period after June 2012? In that case, you may deduct part of this interest in 2012. You calculate this part of the interest in the same way as in the above example.

37

Example

– premiums for a capital sum insurance policy associated with home ownership – amounts transferred to a savings account associated with home ownership

The notional rental value is € 3,500. For your owner-occupied home, you have a loan from your employer and you agreed on an interest that was lower than the market rate of interest. The market interest on the loan is € 5,000. You pay € 3,000. Your interest benefit is € 2,000. The market rate of interest (€ 5,000) is higher than the notional rental value (€ 3,500). If you did not have an interest benefit, the deduction due to little or no home acquisition debt would be € 500 (€ 3,500 - €  3,000). However, because you had an interest benefit, you are not entitled to the deduction due to little or no home acquisition debt.

For question 23t In 2012, did you have an owner-occupied home that was your principal residence? And did you have little or no home acquisition debt, as a result of which you paid little or no (mortgage) interest? In that case, you may be entitled to a 'deduction due to little or no home acquisition debt'. You are entitled to this deduction if the notional rental value exceeds the deductible expenses, such as the (mortgage) interest. The deduction is usually equal to the difference between the notional rental value and the deductible expenses. On balance, you therefore do not pay income tax on your owner-occupied home as a result of this deduction.

Use the calculation tool below to determine the amount of the deduction.

Calculation tool for the deduction due to little or no home acquisition debt

Example Notional rental value Deductible (mortgage) interest and financing costs Balance of income from and deductible items for the owner-occupied home Deduction due to little or no home acquisition debt

A

Notional rental value

€ 1.500 € 1.200 –

Total of deductible items for the owneroccupied home

€  300 €   300

Employee loan

Interest and costs paid in advance and in arrears Add B+C

In 2012, did you pay the interest and costs for your owner-occupied home for the year 2013 in advance or did you pay them in arrears for the year 2011? In that case, deduct this interest and these costs in E in the calculation tool below.

Interest and costs paid in advance and in arrears. Place a minus sign before the amount if, in 2012, you paid for another year Add up: D+E. If E is negative, then subtract: D-E

In 2011, did you pay the interest and costs for your owner-occupied home for the year 2012 in advance or, in 2013, did you pay the interest and costs for your owner-occupied home for the year 2012 in arrears? In that case, add up this interest and these costs in E in the calculation tool below.

Example You have an owner-occupied home with a notional rental value of € 1,500. You paid the interest for the first half year of 2012 (€ 2,400) in December 2011. You paid the interest on the second half year of 2012 (€ 2,400) in January 2013. Because you did not pay any interest in 2012, you would be entitled to a deduction to little or no home acquisition debt for the whole amount of the notional rental value (€ 1,500). However, you must still allocate to 2012 the interest you paid in advance in 2011 and the interest you paid in arrears in 2013. For these amounts apply to 2012. In this example, you are not entitled to a deduction due to little or no home acquisition debt. For the amount of the paid interest for 2012 (€ 4,800) is higher than the amount of the notional rental value (€ 1,500).

B C

+

D

E

+/





Subtract: A-F=G Deduction due to little or no home acquisition debt

F



G

Please note! Only enter G in question 23t if the amount is positive.

A tax partner throughout 2012 Did you have a tax partner throughout 2012? In that case, you must divide the deduction due to little or no home acquisition debt in the same proportion as the balance between the income from and deductible items for the owner-occupied home.

Loan from your employer or your private limited company

No tax partner If you had no tax partner, you enter your own deduction due to little or no home acquisition debt.

Did you or your tax partner have a loan from your employer or private limited company for your owner-occupied home? And, for this loan, did you agree on an interest that was lower than the market rate of interest? In that case, you had an interest benefit. Only the interest you actually paid can be deducted as costs for the owner-occupied home. However, you must take this interest benefit into account when calculating the deduction due to little or no home acquisition debt. This also applies to a cost advantage relating to obtaining this loan (you paid fewer costs than customary). This scheme also applies if you had an employee loan from a company affiliated with your employer.

A tax partner for part of 2012 Did you have a tax partner during part of 2012? And did you not opt to be tax partners for the whole of 2012? In that case, enter your own deduction due to little or no home acquisition debt. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

38

24 Maintenance received and

25 Regular payments and related

related lump sum payments

lump sum payments

Only complete this question if you opted for resident taxpayer status. In that case, take your joint income in the Netherlands and abroad. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

Here, you must state regular payments and related lump sum payments from which no wage tax and national insurance contributions are withheld. You may deduct the expenses you incurred in order to obtain or retain these payments.

If you opted for resident taxpayer status In that case, take your joint income in the Netherlands and abroad. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

You must pay tax on maintenance and related lump sum payments. You may deduct the expenses you incurred in order to obtain or  retain maintenance.

For question 24a If you did not opt for resident taxpayer status

You need to state the following maintenance payments: – maintenance you received for yourself from your ex-partner – old-age pension which your ex-partner continued to pay to you – lump sum maintenance payments you received from your ex-partner – rent that your ex-partner continued to pay for the rented house – rent that your ex-partner paid for your share of the home acquisition debt – amounts you received in settlement of pension rights or annuities for which premiums have been deducted – the notional rental value of the house This only applies if you lived in a house in 2012 that was (jointly) owned by your ex-partner under a (provisional) maintenance arrangement. Was part of this house (jointly) owned by your ex-partner? In that case, you state a proportional part of the notional rental value.

In that case, only take your income in the Netherlands. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax exemption. See the explanation for question 56.

What needs to be stated? You must state, for example, the following regular payments: – regular government grants for your owner-occupied home, for example a contribution for a subsidised owner-occupied home – other regular payments and provisions or related lump sum payments, for example student grants and annuity payments Provisions are payments in a form other than money, therefore payments in kind.

For question 25a What not to state?

The following government grants are regular government grants for your owner-occupied home: – annual contributions for subsidised owner-occupied housing – municipal housing subsidies. If you had an owner-occupied home in Germany: the Eigenheimzulage

You need not state the maintenance you received for your children. This is not taxed.

Please note! In this question, you do not enter the maintenance which you received for yourself from Social Services. You enter this maintenance in question 16a.

Were you the sole owner? Were you the sole owner of the house on the first day of residence? In that case, state the full grant you received from the government.

For question 24b Were you the owner together with someone else?

You may deduct the expenses which you incurred in order to obtain or retain the maintenance and related lump sum payments. It concerns, for example: – lawyer's fees – telephone expenses – postal charges – travel expenses – collection charges

Were you the owner of the house together with someone else on the first day of residence? For example, because you were married in community of property or you bought the house together with a housemate? In that case, the following applies: – If you were living in the house with a co-owner in 2012, you state a proportional part of the government grant. Did you, for example, own half? In that case, you state half of the government grant. This also applies if the grant was paid in your name only. – If, in 2012, the co-owner did not live or no longer lived in the premises, you state the full grant.

Non-deductible expenses You may not deduct the expenses of arranging the divorce and the division of the estate.

If you had an owner-occupied home in Germany You need to apportion the Eigenheimzulage, including the child allowance, between yourselves in proportion to the right of ownership. This also applies if the grant was paid in your name only. In that case, each should state half of the grant.

39

For question 25b

– the care allowance for multiple and severely physically disabled children living at home (TOG)

Here, you enter the regular payments (for example, under a private occupational disability insurance policy) which you received because of disability, illness or an accident.

For question 25d You may deduct the expenses you incurred in order to obtain or retain taxable regular payments and provisions. It concerns, for example: – lawyer's fees – telephone expenses – postal charges – travel expenses – collection charges

The following regular payments and provisions need to be stated: – regular student grants (no student finance under the Student Finance Act) – annuity payments from which no wage tax and national insurance contributions were withheld – payments under annuity insurance policies which you took out with a foreign insurance company – compensations for discontinuation of farming which you received from the Agricultural Development and Rationalisation Fund – regular payments as a result of discontinuing your business – regular payments of income (from work) that you missed out on or would miss out on – regular payments as a result discontinuing or refraining from work or services – regular payments under a right of entitlement that you used to reduce your old-age reserve – regular payments which you voluntarily received from a legal person (for example a regular student grant from a family trust) – regular payments as a compensation for missing out on income or as a contribution to a person's maintenance – lump sum payments of the aforesaid regular payments and annuities – German Elterngeld

Non-deductible expenses The following expenses are not deductible: – premiums you paid for the payment These may be deductible in question 28. – study costs These should be deducted as study costs and other educational expenses in question 39.

More information about regular payments (in money or in kind) can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

26 Other income

As regards annuities and related lump sum payments, any premiums you did not deduct may be taken into account within certain limits. You can find more information about this in question 16.

By other income we mean: – the taxable part of a payment received under a capital sum insurance policy – rent or ground rent for a period before 1 January 2001 which you or your minor children only received in 2012 – refunded interest on the home acquisition debt

Please note! Did you take out an annuity after 15 October 1990? And did you still pay premiums for these after 1991? If you redeemed this annuity in 2012, you state this lump sum annuity payment in question 29.

For question 26a In 2012, did you or your minor child receive a payment under a capital sum insurance policy that already existed on 31 December 2000? And does the payment exceed the premiums paid? In that case, the payment has an interest component. This interest component may be taxed. The interest component is the payment less the premiums paid. State the taxable part of this amount.

What do you enter in another question? You do not enter the following regular payments in this question: – sickness benefits You state these payments in question 15a. – WAO and WIA benefits You state these payments in question 16a. – benefits under the Invalidity Insurance (Self-Employed Persons) Act (Wet arbeidsongeschiktheidsverzekering zelfstandigen or Waz) You state these payments in question 16a. – regular payments from which wage tax and national insurance contributions were withheld You state these payments in question 16a.

This does not include a payment under a capital sum insurance policy associated with home ownership. You enter this as income from the owner-occupied home in box 1.

Please note! For capital sum insurances, also state the interest component you received in 2012 for the period after 31 December 2000. Ask your insurance company for the amount of the interest.

What not to state? You need not state, for example, the following (regular) payments and benefits: – rent benefit, healthcare benefit, childcare benefit and child-related budget – benefits from the municipality for childcare if you were a single parent – student finance under the Student Finance Act (WSF) – allowances under the Study Costs Allowances Act (WTS) – student loans – one-off student grants – child benefit

More information about the taxable part of the payment under a capital sum insurance policy and the exemption for a capital sum insurance policy can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Rent or ground rent Did you or your minor children receive rent or ground rent in 2012 for a period before 1 January 2001? State this income in your tax return for 2012. You may not deduct expenses you incurred for this income.

40

Please note!

received. Were you no longer tax partners in 2012? In that case, the person who received the reimbursement will state this.

Only state the part of the income from the period before 1 January 2001.

Example

28 Expenses for income provisions

On 1 February 2012, you received rent amounting to €  14,400 for the period between 1 February 2000 and 1 February 2012. Out of the 144 months, 11 months relate to the period before 2001. State the following: 11/144 x € 14,400 = € 1,100.

Only complete this question if you opted for resident taxpayer status. You can take out insurance or you can save for additional income yourself. For example, for additional income (annuity) when you retire. The annuity insurance premiums or the amounts you pay into an annuity savings account or for an annuity investment account may, under certain conditions, be deducted from your income. You may also be entitled to deduction for other income provisions. Below, you will find an overview of the possibilities. It then always concerns additional income which you receive periodically (for example monthly or yearly). Therefore, it does not concern a lump sum payment, such as a capital sum insurance policy. You pay tax on the payments.

Refunded interest but no longer an owner-occupied home Were you refunded interest which you deducted as (mortgage) interest on the home acquisition debt in a preceding year? And do you no longer have an owner-occupied home? In that case, state the refunded interest.

If you opted for resident taxpayer status In that case, take your joint income in the Netherlands and abroad. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

The following payments may be deducted: – premiums or payments for annuities as a (supplement to your) pension – premiums or payments for annuities as a (supplement to a) pension for surviving dependants – premiums for an annuity for a disabled child or grandchild that is of age – occupational disability insurance premiums – voluntary contributions under the Surviving Dependants Act

If you did not opt for resident taxpayer status In that case, take your income in the Netherlands. You only state the rent and ground rent. You must also state the income that is taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax exemption. See the explanation for question 56.

27 Negative personal allowance

Please note!

In 2012, did you or your tax partner receive a refund or a reimbursement of amounts that you deducted prior to 2012? In that case, you must rectify this deduction in your tax return for 2012.

Please note!

You must have paid the premiums yourself or paid the amounts yourself.

As an employee, you often pay pension contributions. You may not deduct these contributions here. Your employer has already deducted the contributions from your wage. As a result, you already paid less tax.

It concerns refunds or reimbursements received for: – maintenance and other maintenance obligations – maintenance expenses of a (nationally) listed building or a future subsidy (subsidie op termijn) which is offset against a loan from the National Restoration Fund – a waived loan to a starting business which we classified as an 'Agaath' loan or as venture capital – medical expenses and other extraordinary expenses which you deducted in 2001 to 2008 – specific medical expenses you deducted in 2009 to 2011 – study costs and other educational expenses which you have deducted since 2001 – a donation that was made subject to a resolutive condition and has been dissolved or revoked. You deducted the donation in a previous tax return

Annuity insurance, annuity savings account or annuity investment account An annuity is additional income when you retire. You can take out insurance for this or, for example, pay amounts into an annuity savings account or for an annuity investment account. In that case, the amount in your savings account or the value of your investment account must be used at a certain point in time to purchase an annuity. The annuity insurance premiums or the payments into an annuity savings account or annuity investment account may be deducted from your income. An important condition is that you have a pension deficit. For example, because you did not accrue a pension, or accrued insufficient pension, with your employer.

For question 27a

Types of annuities

Does the refund received exceed the amount that you deducted previously? In that case, you now only have to state the amount deducted previously.

In case of expenses for income provisions, it concerns the following types of annuities: – annuity payments from a life insurance company – annuity payments from a bank or an annuity investment account with another financial institution

Tax partner Did your tax partner deduct the amount prior to 2012? In that case, your tax partner must also state the refund or reimbursement

41

For questions 28a and 28b

regular payments on which you owe income tax and national insurance contributions. It does not concern: – premiums which your employer took into account when withholding wage tax and national insurance contributions – premiums for the compulsory insurances under the Sickness Benefits Act and the WIA – premiums for insurances that pay out lump sums, such as capital sum insurances – healthcare insurance premiums

You may only deduct an amount if you have a pension deficit. You may also have a pension deficit while being employed and accruing a pension. In order to find out whether you may deduct an amount, you first have to determine whether you have a pension deficit. Do you have a pension deficit? In that case, you have 'room' to deduct an amount. The maximum amount of your deduction is determined by your annual margin and your reserve margin. You can use the Calculation tool for annuity premiums or the 2012 Tax Return Program to calculate your deductible amount. These programs can be found on www.belastingdienst.nl.

For question 28f Premiums in order to remain entitled to a surviving dependants' benefit under the Surviving Dependants Act (Anw) may only be deducted in a special situation. Namely, only if it concerns premiums charged to you by the Social Insurance Bank (SVB) for payments under the Anw pursuant to Article 66a of the Anw. Pursuant to this article, payments under the Anw can be insured which - after the death of a married person who was unable to insure himself at a 'normal' premium after 1 July 1999 - will accrue to the spouse who was born after 31 December 1949 but before 1 July 1956.

Annual margin Do you have a pension deficit in 2011? And are you younger than 65 years of age on 31 December 2011? In that case, you usually have an annual margin in 2012.

Reserve margin Did you not fully use the annual margins for 2005 to 2011? In that case, you have a reserve margin in 2012. You did not use the annual margin if, for example, you did not pay annuity premiums during this period.

29 Lump sum annuity payments

Digital calculation tools for the deductible amount You can use the Calculation tool for annuity premiums or the 2012 Tax Return Program to calculate the deductible amount. These programs can be found on www.belastingdienst.nl.

that were not subject to wage tax and national insurance contributions and other negative expenses for income provisions

Paper calculation tools for the deductible amount You can also use the Calculation tool for the annual margin for 2012 to determine your annual margin for 2012. You use the Calculation tools for the unused annual margin to calculate you unused annual margin for 2005 to 2011.

More information about income provisions and the calculation tools can be found in the supplementary explanation Expenses for income provisions (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Did your annuity insurance, annuity savings account, annuity investment account or a certain compulsory occupational pension scheme no longer meet the tax conditions? In that case, you must state an amount. This applies, for example, in case of a donation, sale or pledge of an annuity insurance policy. See also The annuity no longer meets the conditions for other situations in which you no longer meet the tax conditions either.

For question 28c Are or were you an entrepreneur? In that case, you may use your retirement reserve or discontinuation profit to purchase an annuity. Additional rules apply to this. More information about this can be found in the supplementary explanation Expenses for income provisions (for non-resident taxpayers).

Please note! You only state negative expenses for annuity policies which you took out after 15 October 1990 and for which you still paid premiums after 1991.

For question 28d Did you pay premiums for annuities of which the payments will accrue to your disabled child or grandchild that is of age? In that case, you may fully deduct them if the payment meets the following conditions: – The payment is used to support the child or grandchild in accordance with his station in life. – The payment will only cease when the child or grandchild dies. You may also pay the premiums for a child or grandchild who, at the time the premiums are paid, is not disabled (yet), but will, in view of the medical prognosis, be disabled when the payments will start.

For question 29a For this question, you only enter the lump sum payments from which no wage tax and national insurance contributions were withheld. For example, an annuity insurance policy which you do not receive from an insurance company. You enter the lump sum payment from which wage tax and national insurance contributions were withheld in question 16a.

For question 28e

Annuity was not converted in time or annuity did not become payable in time

Did you pay premiums for private occupational disability insurances that entitle you to regular payments in case of disability, illness or an accident? In that case, these may be fully deducted. For example, insurances to cover the WIA shortfall (Work and Income (Capacity for Work) Act) or the Surviving Dependants Act shortfall. It concerns

Was the annuity commencement date reached? In that case, you must convert the annuity or have it become payable in time. You have a certain period of time to do so. Was the annuity not converted in time or did the annuity not become payable in time? In that case, the value of the annuity must be stated in the tax return.

42

More information about this can be found on

Please note!

www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Yu may only take into account non-deducted premiums and suchlike for lump sum payments and if the annuity is not converted or does not become payable in time. In other cases in which the annuity no longer meets the conditions for deduction, you may not take any non-deducted premiums and suchlike into account when stating the amount.

Annuity did not become payable in time after death If, after a death, a surviving dependants' annuity must become payable, you must have the annuity become payable in time. You have a certain period of time to do so. Did the surviving dependants' annuity not become payable in time? In that case, (your share in) the value of the annuity must be stated in the tax return.

More information about negative expenses for income provisions can be obtained from the Tax Information Line Non-resident Tax Issues: + 31 55 538 53 85.

More information about this can be found on www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

30 Substantial interest

The annuity no longer meets the conditions You have an annuity or occupational pension scheme In the following examples, the conditions are no longer met: – You donated, sold or pledged the annuity to someone. This also applies to annuity savings accounts or annuity investment accounts. 'Pledged' means that you took out a loan with the account as security. – You had the conditions of the annuity or occupational pension scheme changed in such a way that they no longer met the statutory conditions. This also applies to annuity savings accounts or annuity investment accounts. – You are no longer the account holder of the annuity savings account or the owner of the annuity investment account. – You unblocked the annuity savings account or annuity investment account.

Did you, possibly together with your tax partner, have a substantial interest in a company or cooperative in 2012? In that case, you may have to pay tax on the financial gains that resulted from this. There are two types of gains you can have: – regular gains, such as dividend – capital gains, such as profits from the sale of shares

If you opted for resident taxpayer status In that case, it concerns a substantial interest in the Netherlands and abroad. You must also state the gains from a substantial interest that are taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

If you did not opt for resident taxpayer status In that case, only take the substantial interest in the Netherlands into account. It only concerns your own share in the gains from a substantial interest (and the deductible expenses). You must also state the gains from a substantial interest that are taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax exemption. See the explanation for question 56.

What amounts must you state? You have an annuity or occupational pension scheme. You enter the value of the annuity insurance or occupational pension scheme at the time when it no longer met the tax conditions. With regard to annuity insurances of which the payments have not yet started, you enter at least the total amount of all premiums you paid for the annuity.

What is a substantial interest? You had a substantial interest if, in 2012, you, possibly together with your tax partner, directly or indirectly owned at least 5% of: – the shares (also per class) in a Dutch or foreign company – the profit-sharing certificates of a Dutch or foreign company – the rights of enjoyment (also per class) of the profit-sharing certificates or shares in a Dutch or foreign company – the voting rights in a cooperative or association organised on a cooperative basis

You have an annuity savings account or annuity investment account You enter the balance of the account or the value of the investment at the time when it no longer met the tax conditions. If the payments have not yet started, you enter at least the total amount of the deposits you made earlier.

What amounts may you deduct? You also had a substantial interest if, in 2012, you, possibly together with your tax partner, owned options to acquire at least 5% of the shares (also per class) in a Dutch or foreign company.

For lump sum payments and if the annuity is not converted or does not become payable in time, you may deduct from the amount to be stated all amounts which were paid until 2009 for the annuity or the occupational pension scheme and which you did not deduct. From amounts you have paid since 2010, you may deduct no more than € 2,269 per year in premiums which you did not deduct. This amount applies to all annuity insurance policies and banking annuities combined. If the annuity insurance policy was taken out before 14 September 1999, the maximum amount of € 2,269 applies for each annuity insurance policy. In that case, the premiums for this annuity insurance policy may not have been increased after 13 September 1999, unless this took place under an option clause.

A certificate of participation in a so-called 'open-end mutual fund' is also considered to be a share in a company. In that case, it concerns funds that allow participants to receive benefits by using money, for example by investing joint accounts. These investment funds have negotiable certificates of participation. This can be a Dutch or foreign fund.

43

More information can be found in the supplementary

What may not be deducted?

explanation Substantial interest (for non-resident taxpayers). Here, the following topics are dealt with: – if you had family members with a substantial interest in the   same company or cooperative – if you no longer met the 5% requirement – if you were subject to the 30% evidence rule You can download this explanation from www.belastingdienst.nl.

– pre-paid interest for the period after 31 December 2012 if the period of the debt ends after 30 June 2013 You may deduct this interest in the year to which the interest relates. – interest on overdistribution debts on the division of an estate according to the division of the parental estate or on a statutory division Overdistribution debts arise if you received more money from an inheritance than you were entitled to. – dividend tax withheld You state Dutch dividend tax in question 52.

A tax partner throughout 2012 Did you have a tax partner throughout 2012? In that case, calculate your joint gains from a substantial interest and your joint deductible expenses. The difference between the total joint gains and the total joint expenses is your income from a substantial interest. You may apportion the income from a substantial interest as you wish, as long as the total is 100%.

For question 30e Capital gains In 2012, did you sell shares, options, profit-sharing certificates or membership rights that are part of a substantial interest? In that case, you have capital gains. The gain is the transfer price minus the acquisition price.

No tax partner Did you not have a tax partner in 2012? In that case, state your own gains and deductible expenses.

A tax partner for part of 2012

You also state the capital gains of: – the person who was your tax partner in 2012 – your minor children – your tax partner’s minor children

Did you have a tax partner during part of 2012? And do you not opt to be considered as tax partners throughout 2012? In that case, only state your own gains and deductible expenses. Do you opt to be considered as tax partners throughout 2012? In that case, read A tax partner throughout 2012.

Transfer price The transfer price is the sale amount you receive. It concerns the net amount, in other words the transfer price minus any transfer costs, such as selling costs.

For question 30a State whether it concerns shares, options, profit-sharing certificates, membership rights or other entitlements, such as a right of usufruct. If you had shares, also state the class of shares.

Non-arm's length transfer

Options

In case of a non-arm's length fictitious disposal, donation, swap or sale, the economic value will apply.

It should concern options to acquire at least 5% of the shares. State the number of shares to which the options relate.

Fictitious disposal In certain situations, we treat your shares, options, profit-sharing certificates or membership rights as if you sold them. We call this fictitious disposal. In the following situations, there is a fictitious disposal: – You were no longer registered at the same address as your (former) spouse and you or your (former) spouse had filed a divorce petition. As a result, you no longer had a substantial interest. – You transferred your shares to another person under the law of inheritance or matrimonial property law. – You emigrated. – You placed your shares with your company. – You owned less than 5% of the shares due to a sale. – You received a liquidation payment. – You granted a purchase option on your shares, profit-sharing certificates or membership rights.

For question 30b Regular gains from a substantial interest are, for example: – dividends and other profit distributions – the fixed return from a foreign investment institution You also state the regular gains of: – the person who was your tax partner throughout 2012 – your minor children – your tax partner’s minor children It concerns the gross income. This is the income without deduction of costs or any (dividend) tax withheld.

No regular gain Did you have interest on claims against a company in which you had a substantial interest? In that case, this is no regular gain. You state this interest as revenues from providing assets in question 21.

In a number of cases, you may transfer the tax on the profit on the disposal (capital gain) to a later point in time.

For question 30c

More information about fictitious disposal and transferring

You may deduct expenses you incurred for regular gains. This may be the following expenses: – interest on and costs for loans in order to buy shares, options or profit-sharing certificates of the substantial interest – bank charges for administering shares

capital gains can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

For question 30f The acquisition price is the purchase amount or the economic value when you acquired your shares, options, profit-sharing certificates

44

If you did not opt for resident taxpayer status

or membership rights. You may include notarial charges in the acquisition price.

In that case, complete questions 31 to 33. In doing so, you take into account your assets on which you have to pay tax in the Netherlands. These are (rights to) immovable property in the Netherlands (questions 31e and 31f) and rights to the profits of Dutch companies (question 31i).

Special situations regarding the acquisition price are: – inheriting – donating – substantial interest created in 2012 – non-arm's length acquisition

What not to state? – the owner-occupied home that was your principal residence By this, we mean any house that is subject to the home ownership scheme. You state this house in question 23. – usufruct - which you acquired under the law of inheritance - of the house that was your principal residence in 2012 You state this house in question 23. – movable property for private use or for use within the family, for example, your own car or the furniture of your house – the amount saved in your life-course savings scheme – your business assets – assets, such as premises, that you provided to certain people who used it for their business In that case, it concerns, for example, your partner or your minor child (younger than 18 years of age). You state the income from this, such as rent, in question 21. – shares and suchlike that were part of a substantial interest You had a substantial interest if you owned at least 5% of the shares, options and profit-sharing certificates of a private or public limited company. You state the income from this in question 30. – savings balances of € 17,025 or less which were subject to a salary savings scheme – rural estates within the meaning of the Estates Act 1928 – forests – nature reserves – tax assets – objects of art and science, except if you primarily had them as an investment – claims based on an estate. See Claims based on an estate.

More information about special situations for the acquisition price can be found in the supplementary explanation Substantial interest (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

For question 30h If your income from a substantial interest was negative, it will constitute an offsettable loss from a substantial interest. We offset this loss against positive income from a substantial interest for the previous year and possibly against positive income from a substantial interest in the coming 9 years. If you had a tax partner throughout 2012, you may only offset the loss that you allocate to yourself in your tax return.

More information about offsetting a loss from a substantial interest can be found in the supplementary explanation Substantial interest (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

31 Assets Did you have assets in the Netherlands or abroad in 2012? In that case, you must state their value in box 3.

What to state? Reference date 1 January 2012

– your bank and savings balances – your shares, bonds, profit-sharing certificates and options that are not part of a substantial interest, such as: –  the non-exempt part of your social investments – the non-exempt part of your investments in venture capital and cultural funds – your other claims, such as money you lent, and cash – your second home, for example a holiday home – your other immovable property, for example a house you were letting – the non-exempt part of your capital sum insurances – your entitlements to regular payments that are not taxed in box 1 – your other assets, such as: – your share in the capital of an Owners' Association – your share in an undivided estate. See Share in an undivided estate.

In box 3, you state the value of your assets on reference date 1 January 2012.

Please note! If you do not opt for resident taxpayer status, the value of the assets on the reference date is recalculated in some situations.

Examples of recalculating the value of the assets on the reference date Example 1 You live in Germany and bought a holiday home in the Netherlands on 1 May 2012. The value of the holiday home on reference date 1 January 2012 is nil. Example 2 You live in Germany and had a holiday home on 1 January 2012. You sold this holiday home on 15 October 2012. The value of the holiday home on reference date 1 January 2012 is: € 120,000 x 9/12 = € 90,000.

If you opted for resident taxpayer status In that case, complete questions 31 to 33. In doing so, take into account your assets and liabilities in both the Netherlands and abroad. You must also state assets that are taxed in another country under a tax treaty. This does not mean that you need to pay double tax. The fact is that you can request a tax relief. See the explanation for question 55.

Example 3 You live in Germany and, on 1 January 2012, you have two holiday homes in the Netherlands (one of € 150,000, one of € 250,000). On 15 October 2012, you sold the more expensive holiday home.

45

Partial non-resident taxpayer status (30% evidence rule)

The value of the holiday homes on reference date 1 January 2012 is: - house 1 € 150,000 x 12/12 = € 150.000 - house 2 € 250,000 x 9/12 = € 187.500 Total value of the holiday homes € 337.500

Did you work in the Netherlands as a foreign expert? And do you opt for partial non-resident taxpayer status in 2012? In that case, other rules apply for stating your assets in box 3.

Whose assets are you stating?

More information about partial non-resident taxpayer status A tax partner throughout 2012

and the 30% evidence rule can be found in the supplementary explanation Assets (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Did you have a tax partner throughout 2012? In that case, you state the total value of your, your tax partner's, your children's or your tax partner's children's assets on 1 January 2012. It concerns children over whom you or your tax partner exercised parental authority and who were under age (younger than 18 years old) on 1 January 2012.

Share in an undivided estate Were you left an inheritance together with one or more other persons? In that case, there will be an undivided estate during the period until the division of the estate. There may also be an undivided estate in case of a divorce. An estate consists of all assets and liabilities as well as all pertaining rights and obligations. An undivided estate is an estate which has not yet been divided. The heirs or entitled parties must each state their own share in the (income from) the undivided estate. So the income from the estate is (partially) your income Does the undivided estate include, for example, a savings account? In that case, you state your share of the savings account as savings balance in box 3.

No tax partner Did you not have a tax partner throughout 2012? In that case, state the total value of your and your children's assets on 1 January 2012. It concerns children over whom you exercised parental authority and who were under age (younger than 18 years old) on 1 January 2012.

A tax partner for part of 2012 Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, state the total value of your and your children's assets on 1 January 2012. It concerns children over whom you exercised parental authority and who were under age (younger than 18 years old) on 1 January 2012. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

Example A savings account is part of the estate which has not yet been divided. There are € 1,000 in this savings account. There are 2 heirs. Each heir states € 500 in his tax return. Each heir states this amount in question 31a.

Assets of minor children Please note!

State the total value of your children's assets on 1 January 2012. It concerns children that were under age (younger than 18 years of age) on 1 January 2012. Are you divorced in 2012 and are you no longer each other's tax partner throughout the year? In that case, state half of your children's assets. The other parent states half of these children's assets in his own tax return. Did you have parental authority over a child together with someone other than your tax partner? In that case, enter half of the value of this child's assets.

Does a civil-law notary administer the undivided estate? In that case, ask him which amounts you need to enter in your tax return.

Undivided estate in case of a divorce Which part of the undivided estate you need to state in your tax return in case of a divorce depends on the conditions under which you are married. Are you married in community of property? In that case, each one states half of the estate.

Value and reference date For questions 31a and 31b

You usually need to take the economic value. However, it is sometimes difficult to determine the sale value of (part of) your assets, for example because there is no 'market' for these assets. In that case, you have to make an estimate of the value. The WOZ value usually applies to the value of the second home and a house you let. See questions 31e and 31f. State the value of your assets on 1 January 2012.

State the total of your bank and savings balances on the reference date 1 January 2012. It also concerns foreign accounts, if any. The value of the savings balances depends on the moment when interest is credited. Is your interest credited annually (or more frequently)? In that case, state the total of the balances on 1 January 2012. Therefore, do not state the accrued interest that had not yet been credited on 1 January 2012.

Transferring assets and liabilities from and to box 3 Did you temporarily transfer assets or liabilities from box 3 to box 1 or box 2? And then back to box 3 again? In that case, you must state the actual income in box 1 or box 2. You must also include your assets and liabilities in your gains from savings and investments (in box 3) if the transfer: – lasted no longer than 3 consecutive months and 1 January 2012 (the reference date of box 3) was in that period – lasted longer than 3 consecutive months, but no longer than 6 consecutive months, and 1 January 2012 (the reference date of box 3) was in that period This does not apply if you can argue convincingly that the assets were transferred to box 1 or box 2 for business reasons. In box 3, you state the value on 1 January 2012.

Information about savings balances of which the interest is credited less frequently than annually can be found in the supplementary explanation Assets (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Exemption for the salary savings scheme Is the total of your blocked savings balances which were subject to a salary savings scheme € 17,025 or less? In that case, you need not state this amount. Is the amount higher? In that case, you only need to state the part exceeding € 17,025. Your tax partner also has an exemption of € 17,025 for his salary savings scheme. Tax partners may not transfer this exemption to each other.

46

Non-exempt part of investments in venture capital and cultural funds

Shares subject to a salary savings scheme Did you have shares that were subject to a salary savings scheme? In that case, you add the value of these shares to your savings balances that were subject to this scheme. You state the part exceeding € 17,025.

If you had investments in venture capital and cultural funds in 2012, you are entitled to an exemption on the reference date 1 January 2012 up to a maximum of € 56,420. This exemption applies to the total value of your investments in venture capital and cultural funds. You state the value exceeding this exemption. Are you tax partners throughout 2012? In that case, the exemption is € 112,840.

Remainder of the personal budget Did you still have part of your personal budget in your account on 1 January 2012? In that case, this amount is part of your bank and savings balances on this reference date. Does it concern a remainder of your personal budget prior to 2012? And do you have to repay this (in part) to your care administration office or is it settled with your personal budget for 2012? In that case, the amount you need to pay back (or the amount that is settled) is part of your debts on 1 January 2012.

More information about the exemption for social investments and investments in venture capital and cultural funds can be found in the supplementary explanation Assets (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Exemption for blocked balance before death

For question 31d

Do you have a balance in a blocked bank account that can only be unblocked upon death? In that case, you may be entitled to an exemption for the balance. It concerns a balance that is only unblocked upon your or your tax partner's death or the death of a relation by blood or affinity, such as your children, parents, brothers or sisters and their spouses. Does the balance in the bank account, together with the maximum insured capital under a capital sum insurance policy that only pays out upon death, exceed € 6,859 per person? In that case, you state the full amount in box 3. However, does the total amount not exceed € 6,859 per person? In that case, you are still entitled to the exemption and you need not state the balance. (see Capital sum insurance that only pays out upon death on page 49).

It concerns claims that you did not state anywhere else in your tax return. For example, money you lent. Cash you have on hand also needs to be stated in this question. Cash is partly exempt. See Exemption for cash. Claims do not include: – savings balances, bonds and suchlike – (future) tax assets and receivables from national insurance contributions – current (interest) instalments with a term of 1 year or less

Exemption for cash If you had cash, you have an exemption up to € 512. State the amount exceeding this exemption. Cash also includes the balance on a chipcard and the value of gift vouchers and suchlike. Did you have a tax partner throughout 2012? In that case, the exemption for cash is € 1,024.

For question 31c Shares, bonds and suchlike concern, for example: – shares, bonds, profit-sharing certificates and options that are not part of a substantial interest – shares in investment funds – the non-exempt part of your social investments – the non-exempt part of your investments in venture capital and cultural funds

Claims based on an estate which have not yet become due and payable Did one of your parents die? And did the other parent acquire the usufruct of the estate? In that case, you received a claim against the surviving parent which has not yet become due and payable or bare ownership. You need not state this claim in box 3. The surviving parent will state the value of the usufruct.

Did you have shares, bonds, profit-sharing certificates, options or shares in investment funds that are listed on the Euronext stock exchange in Amsterdam? In that case, state the closing prices as shown in the Official List that is published by Euronext Amsterdam N.V. on the reference date. On 1 January 2012, this is the closing price for 2011. Are the securities not listed on the stock exchange? In that case, you state the economic value on the reference date.

Please note! It does not matter whether it concerns a surviving parent or stepparent. For question 31e

Shares subject to a salary savings scheme

A second home is, for example, a holiday home in the Netherlands or abroad. This is part of your assets in box 3. You state the value on 1 January 2012.

Did you have shares in 2012 that were subject to a salary savings scheme? In that case, state the amount exceeding the exemption in questions 31a and 31b.

A second home is not: – the owner-occupied home that was your principal residence in 2012 Nor the 'temporary' owner-occupied home. You state this in question 23. – a house that you let By this we also mean the former owner-occupied home which you temporarily let while awaiting the sale. You state this house in question 31f. – a rural estate within the meaning of the Estates Act 1928, which you fully owned

Non-exempt part of social investments If you had social investments in 2012, you are entitled to an exemption on the reference date 1 January 2012 up to a maximum of € 56,420. This exemption applies to the total value of your social investments. You state the value exceeding this exemption. Are you tax partners throughout 2012? In that case, the exemption is € 112,840.

47

WOZ value of non-independent part of your house

Limited ownership and usufruct of a rural estate need to be stated in question 31i. Do, however, state the second home and any other buildings that are part of the rural estate. – a forest or nature reserve which you fully owned Limited ownership and usufruct need to be stated in question 31i.

Did you let or lease a non-independent part of your house, for example a room? In that case, you first calculate the WOZ value for the let or leased part. Did the municipal authority not make a separate assessment of the WOZ value for the let or leased part? In that case, you calculate the value yourself by comparing the number of square metres of the let or leased property with the total number of square metres of the house.

Value of a second home Did you have a second home in the Netherlands? In that case, state the WOZ value with value reference date 1 January 2011. This is mentioned in the WOZ assessment you received from the municipal authority at the beginning of 2012. Did you have a second home abroad? In that case, state the economic value with vacant possession and when unlet on 1 January 2011. In case of a long-term ground lease, you reduce the WOZ value by the value of the future ground rents. The value of the future ground rents is seventeen times the annual ground rent.

Example You rent a room with an area of 30 square metres. The total area of your house is 150 square metres. The WOZ value is € 270,000. The WOZ value you have to state for the part you let is (€ 270,000 x 30) : 150 = € 54.000.

WOZ value of independent part of larger premises Did you let an independent part of larger premises? And could the part you let not be sold without splitting up the premises? In that case, first decrease the WOZ value by € 20,000.

For question 31f Other immovable property concerns, for example: – a house that you let or leased – a garage that is not an appurtenance of the owner-occupied home, but is situated a few streets away – a separate parcel, such as meadowland Information about the valuation of leased grounds in box 3 can be found on www.belastingdienst.nl.

How do you determine the percentage of the WOZ value? The percentage by which you must multiply the WOZ value depends on the annual (basic) rent. This is the basic rent on an annual basis. Did you let or lease the house during part of 2012? In that case, multiply the (basic) rent on 1 January 2012 by 12.

Other immovable property does not include the owner-occupied home that was your principal residence in 2012. You state this in question 23.

Basic rent

Value of the house as other immovable property

Rent

Did you own a house in the Netherlands which you state as other immovable property? In that case, state the WOZ value with value reference date 1 January 2011. This is mentioned in the WOZ assessment you received at the beginning of 2012. Is it a house abroad? In that case, state the economic value with vacant possession and when unlet on 1 January 2011.

Rent is the amount for which you lease the house, excluding payments for energy and the use of furniture, for example.

The basic rent is the amount for which you let the house, excluding payments for energy and the use of furniture, for example.

Table for the value of the house you let or leased Have you determined the WOZ value and the annual rent? In that case, use the below table to determine the percentage by which you must multiply the WOZ value of the house you let or leased.

The house you let Please note!

Did you wholly or partly let the house? In that case, you must state the WOZ value, unless the tenant has a right to security of tenure which is comparable to the Dutch security of tenure. In that case, for the house you let you state the percentage of the WOZ value from the Table for the value of the house you let or leased.

Was the tenancy agreement or lease not on arm's length terms, because the rent was much lower or higher than customary? This could be, for example, if you, as the parent, let the house to your child. In that case, the percentage by which you must multiply the WOZ value is 76%.

No security of tenure Table for the value of the house you let or leased

Residents of house boats, shop houses, service dwellings, holiday homes and rooms in care homes do not have security of tenure.

Is the percentage of annual rent relative to the WOZ value Then the percentage of the WOZ value is more than  but no more than 0% 1,0% 50% 1,0% 1,5% 54% 1,5% 2,0% 58% 2,0% 2,5% 63% 2,5% 3,0% 67% 3,0% 3,5% 72% 3,5% 4,0% 76% 4,0% 5,0% 81% 5,0% - 85 %

Please note! Did you let a non-independent part of the house that was your principal residence? And do you meet the conditions of the room letting exemption? In that case, the part you let is not part of box 3, but is subject to the home ownership scheme. See question 23k.

House you leased Did you wholly or partly lease the house? In that case, you must state the WOZ value, unless you and the lessee concluded a lease for at least 12 years. In that case, for the house you leased you state the percentage of the WOZ value from the Table for the value of the house you let or leased.

Example You own a house in the Netherlands throughout 2012. From 1 January to 1 October 2012, you let this house for € 750 per month. This rent is inclusive of € 75 per month for furniture and soft

48

Capital sum insurance that only pays out upon death

furnishings. On value reference date 1 January 2011, the WOZ value of the house was € 246,000.

Do you have capital sum insurance that only pays out upon death? For example, burial insurance that pays out in money or in kind? If the maximum insured capital together with the exempt blocked balance before death (see Exemption for blocked balance before death on page 47) does not exceed € 6,859 per insured person, you need not state this insurance in box 3. It concerns insurance that pays out upon your or your tax partner’s death or the death of a relation by blood or affinity, such as your children, parents, brothers or sisters and their spouses.

You first calculate the annual rent by multiplying the basic rent of the first rental month in 2012 by 12. The basic rent is (€ 750 - € 75 =) € 675. So the annual rent is (€ 675 x 12 =) € 8,100. Then you calculate the percentage of annual rent relative to the WOZ value with value reference date 1 January 2011: (€ 8.100 : € 246,000) x 100% = 3.29%. In the first 2 columns of the table, look for the percentage of annual rent that applies to you. Then, in the third column, you read the corresponding percentage of the WOZ value. 3.29% is between 3.0% and 3.5%. The corresponding percentage is 72. So for this house you let, you must state 72% of € 246,000. On 1 January 2012, you enter the following in Other immovable property: (72% of € 246,000 =) € 177,120.

Was the insured capital of a policy higher than € 6,859? In that case, you state the full amount in box 3. However, does the total economic value of all policies not exceed € 6,859 per person? In that case, you are still entitled to the exemption and you need not state the insurance.

Capital sum insurance that you took out on or before 14 September 1999 (not a capital sum insurance associated with home ownership)

In case of a long-term ground lease, you reduce the WOZ value by the value of the future ground rents. The value of the future ground rents is seventeen times the annual ground rent. Did you let an independent part of larger premises? And could the part you let not be sold without splitting up the premises? In that case, the value of the future ground rents is twenty times the annual ground rent.

Did you take out one or more capital sum insurances on or before 14 September 1999? Was the insured capital not increased and the term of the insurance not extended after 13 September 1999? In that case, you need not state anything if the joint value on the reference date 1 January 2012 was € 123,428 or less. Was the value higher? In that case, you only need to state the value exceeding € 123,428. Did you have a tax partner throughout 2012? In that case, the exemption for the two of you together is € 246,856.

Security of tenure and long-term ground lease Did you let a house of which you hold the land under a long-term ground lease and does the tenant has a right to security of tenure? In that case, you first reduce the WOZ value by the value of the future ground rents. Then calculate the percentage by which you multiply the adjusted WOZ value.

Was the insured capital or the premium increased after 13 September 1999? In that case, you may only use the exemption if this increase took place based on a clause that already existed on 13 September 1999. In any case, the exemption ceases if the term of the insurance was extended after 13 September 1999.

Example As from 1 January 2012, you let a house for € 450 per month. The WOZ value of the house was € 180,000. You pay an annual ground rent of € 300.

Which capital sum insurances need not be stated in box 3? You need not state the following payments under a capital sum insurance policy in box 3: – payments under a capital sum insurance policy associated with home ownership – regular payments in case of disability, illness or an accident

You first decrease the WOZ value by the value of the future ground rents by multiplying the annual ground rent by 17: € 300 x 17 = € 5,100. In that case, the adjusted WOZ value is € 180,000 - € 5,100 = € 174,900.

More information about capital sum insurances can be

You then calculate the annual rent by multiplying the rent of the first rental month in 2012 by 12. The annual rent is € 450 x 12 = € 5,400.

obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Then you calculate the percentage of annual rent relative to the WOZ value with value reference date 1 January 2011: (€ 5.400 : € 174,900) x 100% = 3.09%. In the first 2 columns of the table, look for the percentage of annual rent that applies to you. Then, in the third column, you read the corresponding percentage of the WOZ value. 3.09% is between 3.0% and 3.5%. The corresponding percentage is 72. So for this house you let, you must state 72% of € 174,900.

For question 31h As of 2009, all entitlements to regular payments whose premiums may be deductible are completely part of box 1. This applies, for example, to annuity insurances. Until 2009, you sometimes had to state in box 3 (the part of) the annuity whose premiums you did not deduct. As from 2009, it no longer matters whether you did not, or not completely, deduct the premiums in box 1, for example if your annual margin or reserve margin was insufficient.

In question 31f, you enter: (72% x  € 174,900 =) € 125,928.

For question 31g Insurances that pay out a capital (a lump sum) when alive or upon death are part of your assets in box 3. You may be entitled to an exemption in case of the following insurances: – capital sum insurance that only pays out upon death – capital sum insurance that you took out on or before 14 September 1999

In box 3, you state the economic value of other entitlements to regular payments which cannot be part of box 1, because the premiums are not deductible.

49

32 Debts

Calculating the value of regular payments How do you calculate the value of regular payments which you receive and which you need to state in box 3? There are three possibilities: – The regular payment depends exclusively on a person being alive. – The regular payment does not depend exclusively on a person being alive, but also ceases after a fixed period. – The regular payment does not depend on a person being alive.

If you opted for resident taxpayer status You take your joint debts in the Netherlands and abroad.

If you did not opt for resident taxpayer status Take your debts in the Netherlands. If you did not opt for resident taxpayer status, no threshold will apply to you.

More information about the value of your regular payments, such as annuity insurances and the calculation of the value of usufruct and bare ownership, can be found in the supplementary explanation Assets (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Reference date 1 January 2012 You state the value of your debts on reference date 1 January 2012.

Please note! If you do not opt for resident taxpayer status, the value of the debts on the reference date is recalculated in some situations.

For question 31i Other assets include, for example: – a share in the capital of an Owners' Association Were you a member of an Owners' Association, for example because you had an apartment in an apartment building? In that case, you paid the Owners' Association a contribution towards maintenance costs, cleaning costs and suchlike. Due to your membership, you also had a share in the capital of the Owners' Association. You state your share in the capital of the Owners' Association on 1 January 2012. – movable property that you rented out or had as an investment in 2012 – rights you had in 2012 to movable property, for example the right to use someone else's (not your employer's) car or caravan free of charge throughout the year – trust assets or comparable allocated funds under foreign law (also if you did not receive any income from it) – usufruct or partial ownership of a savings account (such as bare ownership: you were the owner, but you were not entitled to interest) – usufruct or limited ownership (such as bare ownership) of premises, a rural estate, forest or nature reserve Here, it does not concern the bare ownership of a house of which you acquired the bare ownership under the law of inheritance, but the house is an owner-occupied home (principal residence) of someone else, the usufructuary. Example: you inherit the bare ownership of the house in which your surviving parent lives as usufructuary. – right to the use of premises for which you paid an arm's-length fee less than once a year For example, you paid the rent in advance for five years at a time.

Example On 1 January 2012, you had a holiday home with a value of € 150,000 and a mortgage debt of € 60,000. You sold this house on 1 May 2012. The value of the holiday home which you have to state on 1 January 2012 is € 150,000 x 4/12 = € 50,000. The value of the mortgage debt which you have to state on 1 January 2012 is € 60,000 x 4/12 = € 20,000.

Whose debts are you stating? You state the debts of the same persons as for the question Assets. Therefore, see for this question Whose assets are you stating? on page 46.

For question 32a It concerns, for example: – debts incurred for consumer purposes, such as for a car or a holiday – debit balance in a bank account – debts for financing the purchase of shares (other than shares that are part of a substantial interest), bonds or entitlements to regular payments – debts for financing a second home or other immovable property – debts under the Student Finance Act – inheritance tax You state the debts according to their economic value. Only state the debts that are not part of box 1 or box 2 on 1 January 2012.

No debts in box 3 Other assets in box 3 do not include, for example: – usufruct - which you acquired under the law of inheritance - of the house that was your principal residence in 2012 You state the notional rental value of this house in question 23. – movable property for private use or for use within the family, for example, your own car or the furniture of your house – art objects: these are generally exempt – inherited rights to movable property you used yourself

You need not state the following debts in box 3: – (mortgage) debt for your owner-occupied home that was your principal residence (home acquisition debt) – debts that are not payable because you are the surviving spouse – current instalments for debts with a term of less than one year – certain obligations of which you may deduct the expenses as personal allowance – (future) Dutch tax debts and debts pertaining to national insurance contributions (including interest on underpaid tax and late payment interest) Sometimes, an exception applies to tax debts. See Tax debts.

Please note! You may state inheritance tax as debt in box 3.

50

Remainder of the personal budget

Please note!

Did you still have part of your personal budget in your account on 1 January 2012? In that case, this amount is part of your bank and savings balances on the reference date. Does it concern a remainder of your personal budget prior to 2012? And do you have to repay this (in part) to your care administration office or is it settled with your personal budget for 2012? In that case, the amount you need to pay back (or the amount that is settled) is also part of your debts on 1 January 2012.

Did you have a tax partner for part of 2012 and did you opt to be tax partners throughout 2012? In that case, you must have your tax partner sign your tax return too. Is your tax partner also filing a tax return? In that case, you must both sign this tax return too.

For question 33d Do you opt for resident taxpayer status? Or were you living in Belgium, Suriname, Aruba, Curacao or Sint Maarten? Or did the 90% facility for German residents apply to you? In that case, a fixed amount of the assets minus the liabilities is exempt from taxation: the tax-free allowance. The tax-free allowance is € 21,139. If you had a tax partner throughout 2012, the tax-free allowance is € 42,278.

Tax debts Dutch tax debts are not debts in box 3. However, if you meet the below conditions, you may state your tax debts on 1 January 2012 in box 3: – You requested a provisional assessment before 1 October 2011 in order to pay your tax debt in 2011. – We did not impose the provisional assessment or imposed it so late that you were not able to pay it before 1 January 2012.

Please note! In some situations, the tax-free allowance is recalculated.

Example In that case, you may deduct the amount of the tax debt from the value of the assets you enter on 1 January 2012. The amount you deduct as tax debt may not exceed the amount you have to pay according to the provisional assessment. However, you have to pay this amount within the payment term of the provisional assessment.

On 1 January 2012, you had a holiday home with a value of € 150,000 and a mortgage debt of € 60,000. You sold this house on 1 May 2012. The value of the holiday home which you have to state on 1 January 2012 is € 150,000 x 4/12 = € 50,000. The value of the mortgage debt which you have to state on 1 January 2012 is € 60,000 x 4/12 = € 20,000. The tax-free allowance must be recalculated as well. In this example, the tax-free allowance (if you are unmarried) is calculated as follows; € 21,139 x 4/12 = € 7,047.

For question 32b A threshold of € 2,900 applies to debts. You may deduct the amount exceeding the threshold.

Tax partner

Were you living in Belgium and do you not opt for resident taxpayer status? In that case, you are not entitled to the full tax-free allowance. For the tax-free allowance, you need to take the pro-rata facility into account. You use this to calculate the tax-free allowance in the Netherlands in relation to your income taxed in the Netherlands. (See Calculation tool for the pro-rata facility for Belgian residents on page 11).

Did you have a tax partner throughout 2012? In that case, the threshold is € 5,800.

33 Gains from savings and investments

For question 33f You are entitled to a supplement to your tax-free allowance if you meet the following conditions: – You opted for resident taxpayer status or as a German resident, you were subject to the 90% facility. – You were born before 1 January 1948. – Your basis for savings and investments did not exceed € 279,708. Did you have a tax partner throughout 2012? In that case, your and your partner's joint basis for savings and investments may not exceed € 559,416. – Your income from work and home (box 1) before deduction of the personal deductible items does not exceed € 19,895.

In 2012, did you or your minor children have assets in the Netherlands or abroad, such as savings, shares or a second home? Or was this applicable to your tax partner or his minor children? In that case, you need to pay 30% tax on your gains from savings and investments (box 3). These gains are a fixed percentage: 4% of the basis for savings and investments. The basis for savings and investments is the value of your assets on 1 January 2012, after deduction of your tax-free allowance and the elderly person's allowance.

Tax partner

Did you have a tax partner throughout 2012? And do both you and your tax partner meet the conditions for the elderly persons's allowance? In that case, you are both entitled to this allowance.

Did you have a tax partner throughout 2012? Or did you have a tax partner for part of 2012 and did you opt to be tax partners throughout 2012? In that case, you take the joint assets minus the liabilities, the joint basis for savings and investments and the joint tax-free allowance including the joint elderly person's allowance.

The basis for savings and investments for calculating the elderly persons's allowance is the value of the assets on 1 January 2012, after deduction of the tax-free allowance. This is the amount of question 33e. This is without deducting the elderly person's allowance.

Apportioning the basis for savings and investments Did you have a tax partner throughout 2012 or did you opt for this? In that case, you may apportion the joint basis for savings and investments. It makes no difference how you apportion the value between yourself and your tax partner. Any apportionment is allowed, as long as the total is 100%.

51

Please note!

Living permanently separated

The basis for savings and investments for calculating the elderly person's allowance differs from the basis for savings and investments on which the gains from savings and investments are calculated. In the latter situation, you are allowed to deduct the elderly person's allowance from it. Use the following table to determine the amount of the elderly person’s allowance.

You are living permanently separated if you are no longer living with your spouse as part of a family and this is not meant to be a temporary situation. The situation is temporary if you and your spouse separated by way of a test. If one of you has firmly resolved not to resume cohabitation, you are living permanently separated. You are no longer living permanently separated after the court has dissolved the marriage.

Table for the elderly person's allowance

For question 35a

Income elderly person's allowance Elderly person's allowance (see amount D in the Overview of income and deductible items on page 1) more than  no more than – € 14.302 € 27.984 € 14.302 € 19.895 € 13.992 € 19.895 – nil

Which maintenance obligations may be deducted? – periodic maintenance payments and supplementary maintenance payments – a lump sum maintenance payment to your ex-spouse or a lump sum annuity payment which you deposited with an insurer for this. This does not apply in the following cases: – You paid the lump sum in the period before the court dissolved the marriage. –  You were living together with your ex-partner without being married. – old-age pension which you continue to pay as maintenance – payments in settlement of pension rights, annuities and other income provisions for which you previously deducted the premiums paid – social assistance benefits that Social Services paid to your ex-partner and reclaimed from you – other maintenance obligations, such as pension payments to former domestic staff or periodic payments for liability for compensation

34 Foreign bank and savings balances Did you, your tax partner or the minor children have foreign bank and savings balances in 2012? In that case, state the name of the bank, the country code and the foreign savings balances on 1 January 2012. See page 8 for the country code.

Please note! Former tax partner remained in the house

You must also have completed question 31b.

In 2012, did your ex-partner live in the house of which you were the (co-)owner due to a (temporary) maintenance arrangement? In that case, you may deduct the amount of the notional rental value you stated for (your part of) the house, as maintenance. Do you no longer have to state the notional rental value because you separated more than two years ago? In that case, state the value of your part of this house and any pertaining debt in box 3 (savings and investments). In that case, you may still deduct part of the amount of the notional rental value of this house as maintenance. You calculate this amount by multiplying the notional rental value by the percentage of your ownership in the house.

35 Maintenance paid and other maintenance obligations to the ex-partner Only complete this question if you: – opted for resident taxpayer status or – were living in Belgium, Suriname, Aruba, Curacao or Sint Maarten or – as a German resident, were subject to the 90% facility

Example You and your ex-partner have separated for more than 2 years. You owned half of the house your ex-partner lives in. The WOZ value of the house is € 200,000. The notional rental value is € 1,200. In that case, you may deduct 50% x € 1,200 = € 600 as maintenance. You state half of the value of the house (€ 100,000) in box 3. You also state any pertaining debt in box 3.

If you are divorced or were living permanently separated in 2012, you may have to pay maintenance. Even if you were living together and then separated, it could be that you have to pay maintenance. Maintenance is a contribution to your ex-partner's cost of living. An ex-partner could be an ex-spouse or someone with whom you lived together, but also a spouse from whom you were living permanently separated.

Not deductible: maintenance for your children Maintenance you paid for your children is not deductible. You may perhaps deduct expenses for supporting children younger than 21 years of age in question 36.

Did you pay maintenance to your ex-partner in 2012? In that case, you may deduct this maintenance as 'Betaalde alimentatie en andere onderhoudsverplichtingen'. It is irrelevant whether the maintenance has been determined by a court or decided upon in mutual agreement between you and your ex-partner. Other maintenance obligations may also be deducted in certain cases. It is important that you record the agreements or provisional arrangements in writing and both place your signature.

Non-deductible expenses Lawyer's fees and legal costs you incur in order to lower the maintenance or to be released from the maintenance obligation cannot be deducted.

A tax partner throughout 2012 Did you have a tax partner throughout 2012? In that case, you add up the maintenance and the other maintenance obligations paid by

52

It should concern expenses for which you received no compensation. If you had a tax partner, you may include your tax partner's expenses.

yourself and your tax partner. You may subsequently apportion the deductible amount between you and your tax partner as you wish, as long as the total is 100%.

No tax partner Did you not have a tax partner? In that case, you only deduct your own expenses.

Do you meet all these conditions at the beginning of the quarter? In that case, you may deduct a fixed amount for this quarter.

A tax partner for part of 2012

Deductible amount depends on the child's age

Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, you only deduct your own expenses. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

The age of the child at the beginning of the quarter and your share in the total expenses for supporting the child determine the deductible amount.

The situation changed For question 35b

Did the situation change during a quarter? In that case, you only have to take this into account in the next quarter. At the beginning of a quarter, did you meet the conditions? In that case, you may deduct the fixed deductible amount in this quarter. In the Table of quarterly amounts for expenses for supporting children, you will find the fixed amount you may deduct per quarter per child.

Do you not know the address of the person to whom you or your tax partner paid maintenance in 2012? In that case, enter 'onbekend' in 'Straat en huisnummer'. Did you pay maintenance to more than one person? In that case, state ‘meerdere personen’.

If you were living in Belgium and did not opt for resident taxpayer status

Non-deductible expenses

In that case, you may not deduct the whole amount you calculated. This deductible amount will decrease because you need to multiply it by the factor which you can calculate with the Calculation tool for the pro-rata facility for Belgian residents on page 11.

You may not include the following expenses as expenses for supporting children: – expenses relating to an illness which you may deduct as specific medical expenses – expenses for luxury goods, such as a car, a house, wedding trousseau or a contribution to a savings account – expenses for a temporary stay at home of seriously disabled children aged 21 years or older who usually reside in an AWBZ institution These expenses can be part of the expenses for a temporary stay at home of seriously disabled persons (see question 37).

36 Expenses for supporting children younger than 21 years of age

Income or assets of a child Did your child have sufficient income or capital to support him or herself? In that case, you may not deduct the expenses for supporting this child.

Only complete this question if you: – opted for resident taxpayer status or – were living in Belgium, Suriname, Aruba, Curacao or Sint Maarten or – as a German resident, were subject to the 90% facility

Example 1 The quarterly expenses for supporting your child are € 1,500. Your child has no income of his own. You therefore pay € 1,500 per quarter. Your expenses for supporting this child were at least € 408 per quarter. So you are entitled to the deduction.

Did you have a child in 2012 who was younger than 21 years of age and who was unable to support himself? Did you not receive child benefit for this child? And did this child not receive student finance or a study costs allowance? In that case, you may deduct the expenses for supporting children under certain conditions. These are, for example, expenses for clothing or food, but also the premiums you paid for healthcare insurance for your child.

Example 2 The quarterly expenses for supporting your child are € 1,500. Your child has an income of his own amounting to € 1,000. You therefore pay € 500 per quarter. Your expenses for supporting this child were at least € 408 per quarter. So you are entitled to the deduction.

Conditions for deduction of expenses for supporting children

Example 3

– at the beginning of the quarter, your child was younger than 21 years of age – your child was unable to support himself during this quarter – in that quarter, no person in your household was entitled to child benefit or a comparable benefit outside the Netherlands in respect of this child See No child benefit due to special circumstances. – in that quarter, your child was not entitled to student finance, a study costs allowance or a comparable foreign scheme, such as the German Bundes­ausbildungs­förderungs­gesetz – your expenses for supporting this child were at least € 408 in that quarter

The quarterly expenses for supporting your child are € 1,500. Your child has an income of his own amounting to € 1,300. You therefore pay € 200 per quarter. Your expenses for supporting this child were lower than € 408 per quarter. So you are not entitled to the deduction.

No child benefit due to special circumstances It could be that you were entitled to child benefit, but did not receive it. In that case, you are still eligible for the fixed deductible amount for the expenses for supporting children if you meet one of the following conditions:

53

Calculation tool for the deductible amount for expenses for supporting children

– You received no child benefit because you were a conscientious objector. You have proof from the Social Insurance Bank (Sociale Verzekeringsbank or SVB). – You were not entitled to child benefit because, for example, your former spouse received the child benefit. In that case, you are not allowed to run a joint household with the person who did receive the child benefit. – You were a co-parent and the other co-parent received the child benefit. In this situation, it is irrelevant if you received (part of) the child benefit to which the other co-parent is entitled. You were not running a joint household with the other co-parent.

Reproduce the amounts from the Table of quarterly amounts for expenses for supporting children. Quarter

Child 1

Child 2

First quarter Second quarter Third quarter

For question 36a

Fourth quarter + +

Use the Calculation tool for the deductible amount for expenses for supporting children to determine the amount you may deduct.

A

Add

If you were living in Belgium and did not opt for resident taxpayer status

B



Add: A plus B Deductible amount

In that case, you may not deduct the whole amount you calculated with the Calculation tool for the deductible amount for expenses for supporting children. This deductible amount will decrease because you need to multiply it by the factor which you can calculate with the Calculation tool for the pro-rata facility for Belgian residents on page 11.

Table of quarterly amounts for expenses for supporting children Age of child at the beginning of the quarter younger than 6 years of age from 6 - 12 years of age from 12 - 18 years of age from 18 - 21 years of age from 18 - 21 years of age from 18 - 21 years of age and the child is living away from home

A tax partner throughout 2012 Did you have a tax partner throughout 2012? In that case, you add up the expenses for supporting your and your tax partner's children who are younger than 21 years of age and then you calculate the fixed deductible amount. In total, you and your tax partner together may only deduct the fixed amount once per child. You may apportion the deductible amount between yourself and your tax partner as you wish, as long as the total is 100%. Were you living in Belgium, Suriname, Aruba, Curacao or Sint Maarten? Or, as a German resident, were you subject to the 90% facility? In that case, you can also be tax partners if you do not opt for resident taxpayer status.

Expenses for supporting children at least € 408 per quarter at least € 408 per quarter at least € 408 per quarter at least € 408 per quarter more than 50% contribution to the total expenses and at least € 710 per quarter 90% or more contribution to the total expenses and at least € 1,065 per quarter

Deductible € € € € €

295 355 415 355 710

€ 1.065

37 Expenses for temporary stay at home of seriously disabled persons

No tax partner If you had no tax partner, you only deduct your own expenses for supporting children younger than 21 years of age.

A tax partner during part of the year

Only complete this question if you: – opted for resident taxpayer status; or – were living in Belgium, Suriname, Aruba, Curacao or Sint Maarten or – as a German resident, were subject to the 90% facility

Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, add up your and your tax partner's expenses and then calculate the fixed deductible amount. One of you may deduct this fixed amount. If you both meet the conditions for deduction, and you both wish to deduct an amount, you should each deduct half of the deductible amount. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

During weekends or holidays, did you take care of a seriously disabled person aged 21 years or older who usually resided in an AWBZ institution? And did you incur additional expenses for this? In that case, you may deduct these expenses. The amounts which your partner is allowed to deduct in his country of residence cannot be deducted. You are entitled to the deduction for the care of: – your seriously disabled children – your seriously disabled brothers or sisters Did the subdistrict court appoint you as mentor of a seriously disabled person? In that case, too, you are entitled to this deduction.

54

Conditions for deduction

by the factor which you can calculate with the Calculation tool for the pro-rata facility for Belgian residents on page 11.

In 2012, you incurred additional expenses for the care of a seriously disabled person during weekends or holidays. You may deduct these expenses under the following conditions: – The seriously disabled person was 21 years of age or older in 2012. If he turned 21 years of age in the course of 2012, you only deduct the expenses incurred by you in the subsequent period. – Usually, the seriously disabled person resided in an AWBZ institution, but you cared for him during weekends and holidays. This could be at your home, but also at a holiday address. – The expenses were not reimbursed by, for example, the healthcare insurer. Expenses that have yet to be reimbursed may not be deducted either.

Calculation tool for the deductible amount for expenses for a temporary stay at home of seriously disabled persons Number of days the disabled person stayed with you

x € 10 =

Number of kilometres driven

x € 0.19 = + A

Add Total expenses

Please note! Any reimbursements received Subtract: A minus B Deductible amount for expenses for a temporary stay at home of seriously disabled persons

Did the disabled person have sufficient income or assets to pay for the expenses himself? In that case, your expenses for the care are not deductible. However, if you felt morally obliged to bear the expenses, you may deduct these expenses.

B



For question 37a You may deduct the following expenses: – expenses you incurred for collecting and returning by car A deduction of € 0.19 per kilometre applies to this. You should always take the distance from home to the care institution and back, even if you travelled different distances, for example during holidays. – additional expenses due to the stay of the seriously disabled person at your home. A deduction of € 10 per day applies to this. The days on which the seriously disabled person was collected or returned can be included.

38 Specific medical expenses

A tax partner throughout 2012

If, in 2012, you had expenses due to illness or disability, you may be entitled to deduction of specific medical expenses.

Only complete this question if you: – opted for resident taxpayer status or – as a German resident, were subject to the 90% facility The amounts which your partner is allowed to deduct in his country of residence cannot be deducted.

Did you have a tax partner throughout 2012? In that case, you calculate the joint deduction first. Subsequently, you may apportion the deductible amount as you wish, as long as the total is 100%. Were you living in Belgium, Suriname, Aruba, Curacao or Sint Maarten? Or, as a German resident, were you subject to the 90% facility? In that case, you can also be tax partners if you do not opt for resident taxpayer status.

Conditions for deduction of specific medical expenses – You may only deduct the part of the expenses for which you received no reimbursement or are entitled to reimbursement, for example from (supplementary) healthcare insurance, your employer or special social assistance. – From the total of the expenses, you may only deduct the part that exceeds a certain amount, the threshold. See Table of threshold for specific medical expenses on page 58. – The expenses that fall under a compulsory or voluntary excess cannot be deducted either. – Did you incur expenses that were not reimbursed to you because you did not take out healthcare insurance? In that case, you may still not deduct these expenses. This only applies to the expenses of illness and disability that are covered by the basic healthcare insurance. You may deduct expenses that are covered by the supplementary healthcare insurance.

No tax partner If you did not have a tax partner, you only calculate the deductible amounts to which you are entitled.

A tax partner for part of 2012 Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, add up your and your tax partner's expen ses and calculate the deductible amount. One of you may deduct the amount. Do you both meet the conditions for deduction and each wishes to deduct an amount? In that case, you each deduct half of the amount. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

Please note! You need not deduct the following reimbursements from the deductible amount: – The allowance you received from the Central Administrative Office (CAK) for costs you incur as a chronically ill or disabled person – The allowance you received from the UWV because you were occupationally disabled. – The specific medical expenses allowance you received from the Tax and Customs Administration

You calculate your deductible amount using the calculation tool below.

If you were living in Belgium and did not opt for resident taxpayer status In that case, you may not deduct the full amount which you calculated using the Calculation tool for the deductible amount for expenses for a temporary stay at home of seriously disabled persons. This deductible amount will decrease because you need to multiply it

55

For whom may you deduct the medical expenses?

for it, you must have a statement from the paramedic showing the medical nature of the treatment(s). – nursing in a hospital or another nursing home – treatments prescribed and under the supervision of a doctor, for example: –  acupuncture –  rehabilitation –  homeopathy

You may deduct medical expenses for: – yourself or your tax partner – your children younger than 27 years of age, if these children were unable to pay the expenses themselves You may also deduct the expenses paid by you for the following persons, if they were unable to pay these expenses themselves: – seriously disabled persons of 27 years of age or older, with whom you were living as a family A person is seriously disabled if he is entitled to be admitted to an AWBZ institution. – parents, brothers or sisters living with you and who depended on your care If you did not provide the care, this person would be in need of professional help or care in a care or nursing home.

Medicines prescribed by a doctor Only the expenses for medicines that were prescribed by a doctor are deductible. These medicines must be regarded as medicine by Dutch doctors. These may also include homeopathic medicines.

Certain medical aids You may deduct the expenses for certain medical aids. Without these facilities or devices, you would be unable to perform certain bodily functions. Expenses for the following medical aids, for example, may be deducted: – arch supports – hearing aids – dentures and prostheses – guide dog for the blind – wheelchair, crutches, wheeled walker and stair lift – maintenance, repair and insurance of these medical aids

Deductible specific medical expenses Deductible specific medical expenses are expenses for: – medical and surgical help – medicines prescribed by a doctor – certain medical aids – adaptations to a house – other aids and adaptations – transport, such as travel expenses to a general practitioner or hospital – a diet prescribed by a doctor or dietician – additional home help – additional clothing and bed linen – travel expenses for visiting a sick person

Medical aids for eyesight You may only deduct the expenses for medical aids you needed because you were blind or had bad eyesight. For example, the costs for a white stick, a guide dog for the blind or certain adaptations to a computer.

Not deductible The following costs, for example, are not deductible: – Your basic insurance premiums. – Your supplementary healthcare insurance premiums. The premiums are not deductible either if the supplementary healthcare insurance covers expenses which you were able to deduct if, without this supplementary insurance, they were payable by you. – The expenses falling under a compulsory or voluntary excess. – The income-related healthcare insurance contribution which your employer or benefits agency already deducted from your wage or benefit. – Your statutory personal contributions to the CAK – under the Social Support Act (Wet maatschappelijke ondersteuning or Wmo) for household help, for example – for Care without Residence (Zorg zonder Verblijf, formerly home care services) – for Care with Residence. In that case, you (temporarily) live in a care institution, where you receive care – Expenses which are deductible as expenses for a temporary stay at home of seriously disabled persons. Expenses for the prevention of medical care, for example expenses for a physical, are (usually) not deductible.

The expenses for eyesight support are not deductible. This concerns medical aids such as glasses, contact lenses and contact lens fluid. The same applies to the costs of eye laser surgery to replace glasses or contact lenses.

Adaptations to a house You may deduct expenses for adaptations to a house. A 'house' is understood to mean your owner-occupied home, a rented house, caravan or houseboat. The adaptations must have been made on a doctor's prescription, because you had a physical impairment. You may only deduct the part of the expenses for which you received no reimbursement.

More information about adaptations to a house can be found in the supplementary explanation Specific medical expenses (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl. Not deductible The following expenses are not deductible: – additional rent for an adapted house – energy and heating costs of the house – extra wear of furniture and floor covering, for example caused by using a wheelchair – adapted floor covering – move into a care home and furnishing of the new accommodation – a telephone subscription or calling costs

Medical and surgical help As regards medical and surgical help, you may deduct the expenses for: – general practitioner, dentist or specialist – treatments by a paramedic which do not require a referral from a doctor It concerns the following paramedics: physiotherapist, dietician, occupational therapist, speech therapist, remedial therapist, orthoptist, podiatrist, oral hygienist and skin therapist. If we ask

Other aids and adaptations Under certain conditions, you may deduct the expenses for other aids and adaptations other than to the owner-occupied home. It then concerns items or adaptations which are predominantly used by sick

56

or disabled persons and which were especially made for the illness or disability. These are, for example, adaptations to a car.

income. In order to determine your threshold income, you can use the Calculation tool to determine the threshold income on page 59.

Transport

Please note!

It could be that your transport costs were high due to an illness or disability. Do you wish to deduct these costs? The following expenses are deductible: – expenses for transport to a doctor or hospital – expenses for ambulance transport – additional transport costs due to illness or disability You may deduct these additional transport costs if you can make a plausible case that you incurred higher transport costs due to your illness or disability. You incurred these higher transport costs compared to persons who are not ill or disabled and whose financial and social position can be compared to yours. For this, you can use, for example, the information from the National Institute for Family Finance Information (NIBUD) or Statistics Netherlands (CBS). Did you indeed incur higher transport costs? In that case, you may deduct your additional transport costs. However, the compensation you received from, for example, your healthcare insurer must be deducted from these additional transport costs.

As a German resident, were you subject to the 90% facility? In that case, when determining your threshold income, you need to state your income in the calculation tool as if you had opted for resident taxpayer status.

Tax partner died Was your tax partner ill or disabled and has he passed away? And did you have additional home help in connection with his illness or disability? In that case, you may only deduct the expenses for additional home help after the death if you also had additional home help before the death because your tax partner was ill or disabled. You may deduct the expenses you incurred up to and including the month of death and the following three months.

Additional clothing and bed linen Expenses for clothing and bed linen and cleaning them are deductible under the following conditions: – the expenses were a direct consequence of (your) illness or disability – the illness lasted at least one year or is expected to last at least one year

Diet prescribed by a doctor or dietician Were you following a diet prescribed by a doctor or dietician? In that case, you may deduct a fixed amount for these costs. You may be asked for a confirmation of the diet. You can download this from www.belastingdienst.nl. The doctor or dietician will fill in the confirmation.

Are you deducting expenses for somebody else? In that case, it must concern a person whose medical expenses you may deduct (see For whom may you deduct medical expenses?). This person must have lived with you in 2012.

More information about the deduction of expenses for a diet can be found in the supplementary explanation Specific medical expenses (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

You may include a fixed amount of € 310 for these expenses. Can you prove that the additional expenses were more than € 620? In that case, you may include € 775. The amounts apply per person and for a whole year. If, for example, you incurred additional expenses as from 1 October 2012, you take 3/12 of the deductible amount.

Additional home help You may, under the following conditions, deduct expenses for additional home help: – You required home help because of an illness or disability. – You have bills or receipts of this containing the following information: –  date –  amount – name, address and place of residence of the home help or organisation to whom you paid the costs

Travel expenses for visiting a sick person You may deduct travel expenses for visiting a sick person on the following conditions: – You and the sick person were running a joint household when the illness started. – You visited the sick person frequently in 2012. – The sick person was nursed for more than one month. Was the sick person nursed more than once a year? In that case, you may only deduct the travel expenses if the sick person was nursed for more than one month in total and if the nursing was always the result of the same illness. The breaks in between the nursing periods may not exceed four weeks. – The one-way distance between your house or place of residence and the place where the sick person was nursed (measured along the most commonly used route) was more than ten kilometres.

You only include the part of the expenses exceeding a certain amount, the threshold. Use the following table to determine your threshold. Table of threshold for expenses for additional home help Threshold income

more than 

no more than

– € 30.593 € 45.890 € 61.181

€ 30.593 € 45.890 € 61.181 –

Threshold

You may deduct the expenses for: – travelling by car You calculate a fixed amount of € 0.19 per kilometre. – travelling by taxi, public transport or in a different way You include the actual travel expenses.

no threshold 1% of the threshold income 2% of the threshold income 3% of the threshold income

Increase of specific medical expenses

Your threshold income is the total of your income and deductible items in box 1, 2 and 3, but without your personal allowance. Did you have a tax partner for the whole of 2012 or did you have a tax partner for part of 2012 and opt to be tax partners for the whole of 2012? In that case, use your and your tax partner's joint threshold

If you meet the conditions, you may increase part of the specific medical expenses by: – 40% (if you were younger than 65 years of age on 31 December 2011)

57

– 113% (if you were 65 years of age or older on 31 December 2011) Was one of the tax partners 65 years of age or older and the other one younger than 65 years of age? And do you meet the conditions? In that case, 113% applies to both.

your income in the calculation tool as if you had opted for resident taxpayer status. Table of threshold for specific medical expenses You did not have a tax partner in 2012 Threshold income Threshold more than  no more than – €  7.457 € 125 € 7,457 € 39,618 1.65% of the threshold income € 39,618 – € 653 + 5.75% of the amount exceeding € 39,618 You had a tax partner throughout 2012 Joint threshold income Threshold more than  no more than – € 14.914 € 250 € 14.914 € 39,618 1.65% of the threshold income € 39,618 – € 653 + 5.75% of the amount exceeding € 39,618

Conditions For the increase of 40% or 113%, your threshold income may not exceed € 34,055. Did you have a tax partner throughout 2012? Or did you have a tax partner for part of 2012 and did you opt to be tax partners throughout 2012? In that case, your and your tax partner's joint threshold income may not exceed € 34,055. Was your threshold income, possibly together with your tax partner's threshold income in 2012 higher than € 34,055? In that case, the increase does not apply. Only the costs for medical and surgical help and the travel expenses for visiting a sick person do not count towards this increase.

Threshold for specific medical expenses You may only deduct the part of the expenses exceeding a certain amount. the threshold amount. The amount of this threshold depends on your threshold income.

A tax partner throughout 2012

Your threshold income is the total of your income and deductible items in box 1, 2 and 3, but without your personal allowance. See Calculation tool to determine the threshold income.

Did you have a tax partner throughout 2012? In that case, you add up both your specific medical expenses. In order to calculate the threshold, you add up both your threshold incomes. You may apportion the deductible amount as you wish, as long as the total is 100%.

Please note!

No tax partner

As a German resident, were you subject to the 90% facility? In that case, when determining your threshold income, you need to state

If you did not have a tax partner in 2012, you only calculate the deductible amounts to which you are entitled yourself.

Threshold income

Calculation tool for the deductible amount for specific medical expenses You can use this calculation tool to calculate the deductible amount for medical expenses. Specific medical expenses to be increased Prescribed medicines Medical aids Adaptations to a house and other adaptations Transport Diet prescribed by a doctor or dietician Additional home help Additional expenses for clothing and bed linen + A

Add: Specific medical expenses to be increased Increase: Does your and your possible tax partner's joint threshold income not exceed € 33,485? In that case, you here enter 40% of the amount A above (or 113% if you or your tax partner were 65 years of age or older on 31 December 2011) Add: A plus B Total

B

+

Other specific medical expenses Medical and surgical help Travelling expenses for visiting a sick person + Add: Total specific medical expenses Threshold Subtract: C minus D Deductible amount for specific medical expenses

58

C D



39 Study costs and other

A tax partner for part of 2012 Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, only calculate the deductible amounts to which you are entitled yourself. Do you opt to be tax partners for the whole of 2012? See A tax partner throughout 2012.

educational expenses Only complete this question if you: – opted for resident taxpayer status or – as a German resident, were subject to the 90% facility

Calculation tool to determine the threshold income Reproduce from A in the overview on page 1

Were you following a course or were you studying for your (future) profession in 2012? Or did you incur costs for an APL procedure (Accreditation of Prior Learning)? In that case, you may deduct the related expenses, such as tuition fees and costs for textbooks, under certain conditions.

Reproduce from B in the overview on page1 Subtract Reproduce from G in the overview on page 1

The amounts which your partner is allowed to deduct in his country of residence cannot be deducted.

Reproduce from J in the overview on page 1 + Add Threshold income

Conditions for deduction of study costs and other educational expenses

A

You may deduct your study costs and other educational expenses under the following conditions: – You or your tax partner incurred the costs for your study or your tax partner's study. So you may not deduct the costs for your child's study. – The course or study was aimed at your current or future profession. – It concerned a learning process. Here, you acquire knowledge under guidance or supervision. – Your total costs minus any reimbursements were higher than the threshold of € 500. – The amount you may deduct as study costs and other educational expenses after deduction of the threshold is no more than € 15,000. In certain situations, no or a higher maximum amount applies (see Maximum deduction of study costs).

How to calculate the deduction? You can use the Calculation tool for the deductible amount for specific medical expenses on page 58 to calculate your deductible amount for specific medical expenses for 2012. You calculate your total deduction in three steps. Enter the amounts of the expenses you may deduct. 1. You possibly increase this amount by 40% or 113%. You may do this for all specific medical expenses with the exception of the expenses you incur for medical and surgical help and travel expenses for visiting a sick person. 2. Add the increase of specific medical expenses to your expenses. 3. Determine the threshold amount. You may only deduct the expenses if the total amount of specific medical expenses exceeds the threshold amount. Deduct the threshold amount from your expenses.

Threshold You may deduct the costs in excess of the threshold of € 500. This threshold applies to both you and your tax partner. You make two separate calculations for the study costs: for your own study costs and for those of your tax partner. It does not matter who paid the costs. See also Tax partner and deduction of study costs.

Specific medical expenses allowance If you have little income, you are left with little taxable income. In that case, you also have to pay little tax. You may be entitled to tax credits. These are reductions in the tax you need to pay, depending on your personal situation. Your entitlement to tax credits may even result in your having to pay no tax. This is because the amount of tax credits is more than the tax you need to pay.

For question 39a You may deduct the following expenses: – school fees, tuition fees or institution tuition fees – costs for textbooks or professional literature – expenses for APL procedures (Accreditation of Prior Learning) You can have your prior learning documented in a statement (the APL statement). You need to have this statement drawn up by a recognised institution. – depreciation of durable goods Durable goods are goods that last for a number of years. That is why you may not deduct all expenses in the year of purchase. You must depreciate instead. This means that you take into account the residual value and the years in which you use the durable good (lifecycle). So you may deduct part of the expenses in each year. You may only deduct these depreciations as expenses if: –  you use the durable good for your study or course – it concerns durable goods that are not usually bought by people who do not attend this study or course In view of the above, the depreciation of computers and peripherals usually do not qualify for deduction. This could be different if you bought a high-tech computer or high-tech peripherals especially for your study or course. Did you also partly use the durable good

Did you deduct specific medical expenses in your tax return and pay little or no tax due to your entitlement to tax credits? In that case, we will do a new calculation of the amount of tax owed. This time without deducting the specific medical expenses. Because if you would not have incurred these specific medical expenses, you may have used a higher amount of tax credits. Are you also entitled to a refund based on our new calculation? In that case, you will still be paid this amount. This is the allowance. The allowance will be paid to you separately, in addition to any tax refund. You will first receive an assessment for income tax/national insurance contributions. After that, you will receive the allowance. You need not apply for this separately.

More information about the specific medical expenses allowance can be found on www.belastingdienst.nl. Or call the Tax Information Line Non-resident Tax Issues: + 31 55 538 53 85.

59

Calculation tool for the deductible amount for study costs and other educational expenses

for private purposes? In that case, you may not deduct the part for private use as expenses.

School fees, tuition fees or institution tuition fees Costs for textbooks or professional literature

 You must take the lifecycle and  residual value into account when determining the depreciation.

Please note! Depreciation of durable goods

Did you receive student finance? Or did you not receive it, but were you entitled to it? In that case, you must calculate the study costs in a special way. You can do the calculations by means of the supplementary explanation Study costs and other educational expenses. You can also use the digital income tax return for 2012. The tax return program will then help you do these calculations.

Expenses for APL procedures + Add



Minus: Reimbursement – Subtract Study costs after deduction of reimbursement

More information about deduction of costs for studies that fall under the Student Finance Act can be found in the supplementary explanation Study costs or other educational expenses (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Minus: Threshold Deduct Deductible study costs and other educational expenses

500 –

Non-deductible expenses Which data do you need?

You may not deduct the following expenses: – interest on student loans – living expenses, for example, housing, food and clothing – travelling and accommodation expenses – expenses for study trips or excursions – expenses for (the furnishings and fittings of) a working or study space

In order to calculate your deduction of study costs, you need data regarding: – your study costs and other educational expenses – any reimbursements received, for example from your employer or a fund

Deduction of study costs and other educational expenses Maximum deduction of study costs

These are the study costs and other educational expenses of your own study. Subsequently, you deduct the allowance you received, for example from your employer, from your study costs. Finally, you deduct the threshold of € 500 from this amount. The remaining amount is your deduction for study costs and other educational expenses.

The amount you may deduct as study costs and other educational expenses after deduction of the threshold is no more than € 15,000. In the following situations, no or a higher maximum amount applies: – In 2012, your performance-related student grant definitively became a loan (not converted into a gift). You may increase the maximum of € 15,000 by the amount which you may deduct as deductible study costs for previous years. You can calculate this amount using the income tax return program for 2012. – In 2012, you were studying or following a course during the normal study program period. No maximum amount applies.

Tax partner and deduction of study costs Did your tax partner also incur study costs? In that case, you do two separate calculations: one for yourself and one for your tax partner. This threshold of € 500 applies to both you and your tax partner. First, you add up your deductible study costs and other educational expenses. It concerns the deductible expenses which you and your tax partner paid for your study. You deduct any allowance and the threshold from these expenses.

Normal study program period The normal study program period is a period of no more than 16 calendar quarters in which you dedicated most of your time to your studies. During this period, you dedicated so much time to your studies that having a full-time job, too, was impossible. The normal study program period lies between the day you turn 18 years of age and the day you turn 30 years of age. You determine the starting date of this period yourself. The period need not be continuous.

Then you also add up your tax partner's deductible study costs and other educational expenses. It concerns the deductible expenses which you and your tax partner paid for his study. You deduct any allowance and the threshold from these expenses.

Please note!

Subsequently, you add up your and your tax partner's deductible amount. You may apportion the outcome as you wish, as long as the total is 100%.

At the start of the study, were you not yet 18 years old? In that case, you may only use the normal study program period if you paid the study costs yourself and met the other conditions for deduction of educational expenses.

Calculating your deduction of study costs (without student finance) You can use the calculation tool below to calculate your study costs or other educational expenses.

60

40 Maintenance expenses for a

More information. In order to complete this question, you need more information. Order the supplementary explanation Nationally listed building (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

nationally listed building in the Netherlands

41 Waived venture capital loans

Did you have a nationally listed building in the Netherlands in 2012? And did you incur expenses for its maintenance? In that case, you may deduct these maintenance expenses under certain conditions.

Only complete this question if you opted for resident taxpayer status. It may concern a building which: – was your owner-occupied home You may also deduct the maintenance expenses if the nationally listed building was not your principal residence, but was subject to the home ownership scheme. For example, if you moved to another house and your vacant old owner-occupied home was for sale. See Exception for former and future house for question 23 on page 32 for situations in which a house may still be subject to the home ownership scheme. – was part of your assets in box 3

Did you lend money to a starting business in the Netherlands and did you waive this loan? In that case, you may deduct the amount of this loan under certain conditions. The amounts which your partner is allowed to deduct in his country of residence cannot be deducted.

Conditions for deduction You may deduct the amount of the loan if you meet the following conditions: – You lent the money to the starting business prior to 1 January 2011. – We have recognised the loan as an investment in venture capital. – You waived the loan within eight years of lending the money. In the event of bankruptcy or postponement of payment, you may ask us to extend this period. – We issued a decision stipulating that the business is unable to repay the amount waived.

Until 2012, this distinction was of importance for the type of expenses you may deduct and for the amount of the threshold. Was the building your owner-occupied home? In that case, you may, for example, also deduct your depreciation charges. Since 2012, this distinction is no longer important: for both the building that was your owner-occupied home and the building that was part of your assets in box 3, only the maintenance expenses are deductible. The deduction of the maintenance expenses is limited to 80%. The threshold has ceased to apply.

For question 41a You may deduct the amount you waived in 2012. In total, you may deduct no more than € 46,984 per business within the eight years of lending the money.

Please note! Have you already entered into irrevocable obligations for the maintenance of the nationally listed building prior to 1 January 2012? And were the expenses paid in 2012 or will these expenses be paid in 2013? In that case, you may opt to make use of the transitional scheme for the deduction of maintenance expenses for this part. In that case, the deduction of the maintenance expenses is not limited to 80%. However, a threshold applies. Other expenditure and cost of depreciation are no longer deductible since 2012.

Please note! You may only deduct the amount waived in the year in which you received the notice from us stipulating that the business is unable to repay the amount waived.

A tax partner throughout 2012 Did you have a tax partner throughout 2012? In that case, you first calculate the deduction for both tax partners separately. In doing so, you must take into account the maximum deductible amount for each tax partner. Is the amount waived higher? In that case, you may not transfer the remainder to your tax partner. Subsequently, you calculate the joint deduction. You may apportion the deductible amount between yourself and your tax partner as you wish, as long as the total is 100%.

Conditions for deduction You may deduct the expenses if you meet the following conditions: – You were the owner of the building in 2012. – The building was listed in the National Listed Buildings Register (Rijksmonumentenregister). – Only maintenance expenses are deductible. These are expenses for keeping the building in or restoring it to a usable state, for example overdue maintenance. Therefore, it does not concern improvements, such as an extension of the building. – You paid the maintenance expenses in 2012. – 80% of the maintenance expenses is deductible.

No tax partner If you did not have a tax partner, you deduct your own amount waived.

Beneficial ownership, such as an apartment right

A tax partner for part of 2012

Also if you have an apartment right, a long-term ground lease, building and planting rights or another form of beneficial ownership, you may deduct expenses for a nationally listed building. In that case, the change in value of (your share in) the nationally listed building must concern you for more than 50%.

Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, you deduct your own amount waived. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

61

42 Donations

25% = € 125. So the amount of the deductible donation is € 500 + € 125 = € 625.

Please note!

Example 2

Only complete this question if you opted for resident taxpayer status. The amounts which your partner is allowed to deduct in his country of residence cannot be deducted.

You gave € 6,000 in donations to a cultural ANBI. In order to calculate the deductible item, you may increase the amount of these donations by 25% = € 1,500. However, the increase may not exceed € 1,250. So the amount of the deductible donation is € 6,000 + € 1,250 = € 7,250.

Did you donate money to charities or church or social organisations in 2012? Or did you incur expenses for such an organisation? In that case, you may deduct these expenses under certain conditions. This also applies to donations in kind.

Supporting foundations for SBBI A donation to a certain supporting foundation for an SBBI is deductible. A supporting foundation for an SBBI is a foundation especially created in order to collect money to support an anniversary of an SBBI in the area of sports and music.

There are two types of donations: – ordinary donations You made these donations to a Public Benefit Organisation (Algemeen Nut Beogende Instelling or ANBI) or to certain supporting foundations for a Social Benefit Organisation (Sociaal Belang Behartigende Instelling or SBBI) See Supporting foundations for SBBI. – regular donations You made these donations to an ANBI or an association that meets the conditions.

More information about SBBIs or supporting foundations for SBBI can be found on www.belastingdienst.nl.

Conditions for deduction of ordinary donations

Did you have to pay the donation in 2012, but did you not do this? And has this now become a debt, on which you need to pay interest? In that case, the donation cannot be deducted in 2012, but in the year in which you pay this debt.

You may deduct ordinary donations under the following conditions: – You made the donations to an organisation that is registered with us as an ANBI or as a certain SBBI. – You can prove your donations with, for example, bank statements or receipts. – You received no consideration. – The total amount of your donations exceeds the threshold. For these donations, you may, in total, deduct no more than the maximum. See Threshold and maximum deductible amount.

Donation paid upon or after death

What is a consideration?

Was the donation paid, settled or provided at the time of death or afterwards? In that case, this donation cannot be deducted.

Did you receive something in return for what you had given? In that case, you received a consideration from the organisation. For example: – You bought a special cook book from a patients' association. You then made no donation. You paid money and received the book as a consideration. – You bought a lottery ticket from a lottery. In return for this, you got the chance to win money.

Donation has become an interest-bearing debt

Public Benefit Organisation (ANBI) A donation to an organisation is deductible if this organisation has been recognised and registered by us as an ANBI. An ANBI is an organisation that focuses on public benefit for at least 90%. Organisations may request us to register them as ANBIs. If they meet certain conditions, we recognise and register them as ANBIs.

When are you allowed to deduct donations as a volunteer?

Foreign organisations An ANBI could be established in the Kingdom, in another Member State of the European Union or in a state designated by ministerial regulation. Other organisations could also be designated, if they meet the conditions.

Did you do voluntary work for an ANBI? If you meet certain conditions, you may deduct an amount as an ordinary donation. Two situations are possible: – You were entitled to a fee for volunteers, but you waived it. – You incurred expenses and did not receive a reimbursement for this.

Which organisations are ANBIs? Do you want to check whether an organisation to which you donate money is registered as an ANBI? This can be done by using the program 'ANBI opzoeken' on www.belastingdienst.nl.

You were entitled to a fee for volunteers, but you waived it For your efforts for an institution, were you entitled to a so-called fee for volunteers? But did you waive it? In that case, you may deduct the amount of this fee as an ordinary donation. In that case, however, you must be able to demonstrate that you and the institution meet the following conditions: – We have recognised the organisation as an ANBI. – The ANBI has come to an agreement which allows you to be eligible for a fee. – The financial situation of the ANBI was such that it was also able to pay the fee. – The ANBI intended to actually pay the fee. – You were able to determine for yourself that you did not want to receive the fee, but donated it to the ANBI.

Donations to a cultural ANBI Did you donate money to a cultural ANBI? In that case, you may, in order to calculate the deductible item, increase the amount of the donation to this cultural ANBI by 25%. The joint total increase of the ordinary donations and regular donations to cultural ANBIs may be no more than € 1,250. Do you want to know whether we have recognised an ANBI as a cultural ANBI? In that case, visit www.belastingdienst.nl.

Example 1 You made a donation of € 500 to a cultural ANBI. In order to calculate the deductible item, you may increase the amount of this donation by

62

Calculation tool to determine the deductible amount for donations

You incurred expenses and did not receive a reimbursement for this Did you incur expenses for an ANBI in 2012, for example because you were a volunteer? And were you able to claim these expenses from this organisation, but you did not? In that case, you may include them as an ordinary donation. If the ANBI was unable to reimburse the expenses incurred, this will also constitute a donation. For car expenses you did not claim, you may include a fixed amount of € 0.19 per kilometre. For taxi costs, you may include the actual costs.

Regular donations Regular donations to a cultural ANBI by notarial deed Increase of regular donations to a cultural ANBI Enter 25% of A, but no more than € 1,250 Other regular donations by notarial deed

Waiving the fee for volunteers and no expense allowance from the same ANBI Did you waive a fee for volunteers and incur expenses for an ANBI? In that case, you must decrease the amount of the expenses for which you received no allowance by the amount for which you received no fee for volunteers. You incurred expenses amounting to, for example, € 750 for an ANBI. You also waived a fee for volunteers of € 600 from this ANBI. The amount of the deductible donation is € 600 + € 150 (€ 750 -/- € 600) = € 750.

Add: A plus B plus C Deductible amount regular donations Enter D in S Ordinary donations Ordinary donations to a cultural ANBI Increase of donations to a cultural ANBI Enter 25% of E, but no more than € 1,250 – B Donations to supporting foundations for SBBI

Threshold and maximum deductible amount A threshold and a maximum deductible amount apply to ordinary donations. The threshold is 1% of your threshold income, but at least € 60. You may deduct the amount you paid in excess of this threshold amount. You may deduct no more than the maximum: 10% of your threshold income.

Other ordinary donations Add E to H Total ordinary donations

A



B C

+

D

E F G H

+

J

Threshold Reproduce from A in the overview on page 1

Did you make donations to a cultural ANBI and do you apply the increase of 25% (see Donations to a cultural ANBI)? In that case, the maximum deductible amount is increased by this 25%.



Reproduce from B in the overview on page 1 The threshold income is the total of your income and deductible items in box 1, 2 and 3, but without taking your personal allowance into account.



Subtract Reproduce from G in the overview on page 1

Conditions for deduction of regular donations



Reproduce from J in the overview on page 1

You may deduct regular donations under the following conditions: – At least once a year, you transfer amounts to an ANBI or an association that meets the conditions. See Regular donation to an association that is not an ANBI. – The amounts are always equally high. – You had the donation recorded by a civil-law notary. – You make this donation for a minimum period of five consecutive years. This period does not apply in the event of death. – You received no consideration. No threshold and no maximum deductible amount apply to regular donations.

Add Threshold income for donations Calculate 1% of K, but enter at least € 60 Threshold Subtract J minus L. If the amount is negative, enter 0 Maximum deductible amount for ordinary donations Calculate 10% of K above Increase of donations to a cultural ANBI Reproduce from F Add N plus P Maximum deductible amount ordinary donations

Regular donation to an ANBI Do you make a regular donation to a cultural ANBI? In that case, you may deduct this donation.

Reproduce from M, but if M is higher than Q, enter Q Deductible amount for ordinary donations

Reproduce from D Regular donations Reproduce from R Ordinary donations Total deductible amount for donations

63

+

K

L



M

N P

+

Q

R

S T U

+

Please note!

– were then left with a personal allowance, after you had deducted your personal allowance from your income from work and home (box 1), your gains from savings and investments (box 3) and your gains from a substantial interest (box 2) In that case, you can deduct the remainder of the personal allowance in your tax return for 2012.

Since 1 January 2010, there have been new requirements which an ANBI has to meet. Did you, after this date, make a regular donation to an organisation that is no longer an official ANBI? And were you unable to terminate your contract with this organisation? In that case, this donation can still be deducted. You cannot deduct the donation if you could have terminated your contract with this organisation. Your donation cannot be deducted either if it concerns a former ANBI with separated private assets.

Personal allowance It concerns the total of the following deductible items: – maintenance paid and other maintenance obligations – expenses for supporting children – medical expenses and other extraordinary expenses up to 2008 – specific medical expenses as from 2009 – expenses for a temporary stay at home of seriously disabled persons – study costs or other educational expenses – donations – costs for a nationally listed building – losses on investments in venture capital

Regular donation to an association that is not an ANBI Supplementary conditions apply to a regular donation to an association that is not an ANBI. You may deduct this donation if the association meets the following conditions: – The association consists of at least 25 members. – The association has full legal capacity. – The association does not have to pay corporation tax. – The association may be established in an EU country, Curacao, Aruba, Sint Maarten, Bonaire, Sint Eustatius or Saba or in another country designated by us. For more information about donations to organisations that are based abroad, please call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

Please note! The amount you deducted in a previous year may not be deducted again.

A tax partner throughout 2012 How do you know if you have a remainder of the personal allowance?

Did you have a tax partner throughout 2012? In that case, add up your and your tax partner's ordinary donations. In order to calculate the threshold and the maximum deductible amount, you also add up your and your tax partner’s threshold incomes. You may apportion the deductible amount for ordinary donations and regular donations between you as you wish, as long as the total is 100%.

If you have a remainder of the personal allowance, this is stated in the assessment notice of your final assessment for 2011. Have you not yet received an assessment notice for 2011? In that case, you can deduce the remainder of the personal allowance from your tax return for 2011.

No tax partner Did you forget any deductible items?

Did you not have a tax partner? In that case, you only add up your own donations and calculate your own threshold income.

It could be that, in your tax return for 2011 or an earlier year, you did not make use of certain deductible items, while you could have done so. Do you still want to include deductible items? In that case, you can lodge an objection to your final assessment for 2011 or an earlier year. The notice of objection should state the deductible items you still want to use, giving reasons.

A tax partner for part of 2012 Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, you only add up your own donations and calculate your own threshold income. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

Please note! You may not include deductible items which you did not use earlier in your tax return as a remainder of the personal allowance.

43 Remainder of the personal

A tax partner throughout 2012 Did you have a tax partner throughout 2012? In that case, you may apportion the remainder of the personal allowance for previous years between you. Any apportionment is allowed, as long as the total is 100%.

allowance for previous years Please note!

No tax partner

Only complete this question if you: – opted for resident taxpayer status or – were living in Belgium, Suriname, Curacao, Aruba, Sint Maarten or – as a German resident, were subject to the 90% facility

Did you not have a tax partner? In that case, deduct your own remainder of the personal allowance for previous years.

A tax partner for part of 2012 For question 43a

Did you have a tax partner during part of 2012? And do you not opt to be tax partners for the whole of 2012? In that case, only deduct your own remainder of the personal allowance for previous years. Do you opt to be tax partners for the whole of 2012? In that case, read A tax partner throughout 2012.

The remainder of your personal allowance for previous years is the amount which you were unable to offset previously against your income for those years in box 1, 3 or 2. You only have a remainder of the personal allowance if you: – made use of the personal allowance in your tax return for 2011 or a previous year

64

44 General tax credit payment

Please note!

The general tax credit is a reduction in your income tax and national insurance contributions. This means that you have to pay less tax and fewer contributions. Everyone is entitled to the general tax credit. Do you have little or no income (lower than € 6,485 or lower than € 11,210 if you are entitled to the income-related combination tax credit) and do you therefore pay little or no tax? In that case, you miss out on (part of) the general tax credit that we are unable to offset against your tax and contributions. In that case, we can pay (part of) this credit, if you had a tax partner and meet a number of conditions.

If, in 2012, you did not opt for resident taxpayer status and you were living in Belgium, Suriname, Curacao, Aruba or Sint Maarten, your spouse or housemate can be regarded as tax partner for this facility. If you, as a German resident, were subject to the 90% facility, only your spouse can be regarded as your tax partner for this facility.

For the income limit, the foreign income you or your tax partner had is not included. In that case, we will look at the tax that is actually due in the Netherlands.

If you were living in Belgium and did not opt for resident taxpayer status, you must have had income that was taxed in the Netherlands in 2012 in order to be eligible for the increase and payment of your tax credit.

Please note! Only complete this question if you: – were liable to pay Dutch national insurance contributions and/or – opted for resident taxpayer status or – were living in Belgium, Suriname, Curacao, Aruba, Sint Maarten or – as a German resident, were subject to the 90% facility

Example You have a tax partner. You are younger than 65 years of age and were born before 1 January 1963. Your wage is € 4,000. The tax on this amounts to € 1,324. The general tax credit is € 2,033 and the employed person's tax credit is € 70. This is € 2,103 in total. The difference between your calculated tax and your tax credits is € 1,324 minus € 2,103 = € 779. You may not offset this amount against your tax.

For question 44a Tick the box if you meet the conditions for the general tax credit payment. You can read about the conditions below.

Conditions for payment Your tax partner has an income of € 35,000. The calculated tax on this amounts to € 13,005. Your tax partner's general tax credit is € 2,033 and the employed person's tax credit is € 1,611. This is € 3,644 in total. The tax owed by your tax partner is € 13,005 minus € 3,644 = € 9,361. Because your tax partner owes more tax than € 779, we will pay this amount to you.

Whether you are paid the part of the general tax credit which we were unable to offset against your tax and contributions, depends on the following conditions: – You had the same tax partner for more than six months in 2012. This condition does not apply if your tax partner died in 2012. – Your tax partner owed sufficient tax. The examples below will show you what sufficient tax owed is.

For question 44b Please note!

Did you tick the box in question 44a? In that case, we will pay the general tax credit with your final assessment. Do you want the general tax credit for 2012 already to be paid through the provisional assessment? In that case, enter your tax partner's aggregate income in this question. You calculate the aggregate income using the Calculation tool for the aggregate income on page 68.

The payment also applies to the employed person's tax credit, the income-related combination tax credit, the parental leave tax credit and the life-course leave tax credit to which you are entitled and which you cannot offset against your tax.

Younger than 21 years of age? Phasing out of the general tax credit payment

Were you born after 31 December 1990? And did you receive financial support from your parents in 2012 for more than six months amounting to at least € 408 per quarter? In that case, you are not entitled to a payment of this tax credit.

In 2024, the general tax credit payment to the partner with the lower income will cease to apply. We have been phasing out the tax credit in 15 years' time since 2009. In 2012, the general tax credit payment to the tax partner with little or no income will be phased out in the following situations:

Tax partner's income Was your tax partner's income from work and home higher than € 14,835 (€ 22,840 for people who are 65 years of age or older)? In that case, your tax partner usually owes sufficient tax and you will be paid the unsettled general tax credit.

Situation 1 – The tax partner with little or no income was born after 31 December 1971. – In 2012, he did not have a child living at home for more than 6 months and born after 31 December 2005.

Tax partner receives more tax credits Does your tax partner receive more tax credits than the general tax credit and the employed person's tax credit? In that case, his income limit may be higher than € 14,835 (€ 22,840 for people who are 65 years of age or older). In that case, your tax partner owes less tax, as a result of which no or less general tax credit will be paid to you.

The phasing out in 2012 will be 26,67%.

Example You were born after 31 December 1971 and have no income. You do not have any children who live at home and were born after 31 December 2005. If your tax partner owes sufficient tax, you are entitled to a general tax credit payment amounting to € 2,033. The phasing out for the year 2012 is 26,67 % = € 542. You are paid € 2,033 – € 542 = € 1,491.

Foreign income Did your tax partner have foreign income? In that case, he may owe less or no Dutch tax. As a result, the amount of general tax credit you receive may be lower.

65

45 Special increase of tax credit

Situation 2 – The tax partner with little or no income was born after 31 December 1971. – In 2012, he had a child living at home for more than 6 months and born after 31 December 2005. – This child is registered at the same home address as that partner. The phasing out in 2012 will be 13,33%.

Were you not covered by the Dutch national insurance schemes in 2012 and was your income from work and home in the Netherlands and abroad less than € 11,210? And you had the same tax partner for more than six months in 2012? In that case, you may be eligible for a special increase of your tax credit.

Example

Please note!

Were you born after 31 December 1971. In 2012, you had a child living at home for more than 6 months and born after 31 December 2005. This child is registered as living at the same home address as you. Your wage is € 4,000. The tax on this amounts to € 1,324. The general tax credit is € 2,033 and the employed person’s tax credit is € 70. This is € 2,103 in total. The difference between your calculated tax and your tax credits is € 2,103 – € 1,324 = € 779.

You are only eligible for the special increase of your tax credits if you: – opted for resident taxpayer status or – were living in Belgium, Suriname, Curacao, Aruba, Sint Maarten or – as a German resident, were subject to the 90% facility If, in 2012, you did not opt for resident taxpayer status and you were living in Belgium, Suriname, Curacao, Aruba or Sint Maarten, your spouse or housemate can be regarded as tax partner for this facility. If you, as a German resident, were subject to the 90% facility, only your spouse can be regarded as your tax partner for this facility.

Your tax partner has an income of € 35,000. His tax on this amounts to € 13,005. His general tax credit is € 2,033 and the employed person's tax credit is € 1,611. This is € 3,644 in total. Your tax partner owes tax amounting to € 13,005 – € 3,644 = € 9,361 This is higher than €  779. The phasing out of the general tax credit for the year 2012 is 13.33%. You are paid € 779 – € 271 (13.33% of € 2.033) = € 508.

If you were living in Belgium and did not opt for resident taxpayer status, you must have had income that was taxed in the Netherlands in 2012 in order to be eligible for the increase and payment of your tax credit.

Conditions for the special increase

Situation 3 – The tax partner with little or no income was born after 31 December 1962 but before 1 January 1972.

Situation 4 – The tax partner with little or no income was born before 1 January 1963. The general tax credit payment will not be phased out.

For the special increase of your tax credit, you need to meet the following conditions: – You need to request it (see question 45a). – You were not liable to pay Dutch national insurance contributions in 2012. – You had the same tax partner for more than six months in 2012. – Your income in the Netherlands and abroad together is not more than € 11,210. The exact amount depends on the tax credits to which you are entitled. – After deduction of his own tax credit, your partner needs to owe sufficient tax and national insurance contributions in the Netherlands. The fact is that you can never be paid a larger amount for tax credit than what your partner owes for tax and national insurance contributions. – If you were born after 31 December 1990, you may not be supported (at least € 408 per quarter) by your parents.

Example

To which amount are you entitled?

You were born before 1 January 1963 and have no income. If your tax partner owes sufficient tax, you are entitled to a general tax credit payment amounting to € 2,033. The general tax credit payment will not be phased out in this situation.

Did you have no income in 2012? In that case, you can receive no more than the amount you would have received for general tax credit as a Dutch resident liable to pay national insurance contributions: € 2,033 (or € 934 if you were 65 years of age or older). Did you receive income in the Netherlands or abroad in 2012? In that case, you are entitled to part of that amount if your income is no more than € 6,485. As you had more income, the amount you receive will be lower. Based on your aggregate income, we calculate the special increase of your tax credit.

The phasing out in 2012 will be 13,33%.

Example You were born after 31 December 1962 but before 1 January 1972 and have no income. If your tax partner owes sufficient tax, you are entitled to a general tax credit payment amounting to € 2,033. The phasing out for the year 2012 is 13,33%. You are paid € 2,033 – € 271 (13.33% of € 2,033) = € 1,762.

We calculate the amount of the general tax credit on the basis of your tax return and your tax partner's information. You will receive a message about this.

Please note! If you were living in Belgium, Suriname, Curacao, Aruba or Sint Maarten, or as a German resident, were subject to the 90% facility, and if you did not opt for resident taxpayer status, follow the diagram for question 45 in the tax return as if you had opted for resident taxpayer status. You therefore need to take your joint income in the Netherlands and abroad.

66

46 Tax credits for parents whose

Table for the income-related combination tax credit Income from work more than  no more than – €  4,814 €  4,814 €  32,589 €  32.589 –

children are living at home In 2012, were children who were born after 31 December 1993 living with you or your tax partner? In that case, you or your tax partner may be entitled to the following tax credits: – income-related combination tax credit – single-parent tax credit – parental leave tax credit

Income-related combination tax credit € 0. But did you receive the self-employed deduction? In that case, € 1,024. € 1,024 + 4% x (income – € 4,814) € 2.133

Table for the income-related combination tax credit if you are 65 years of age or older Income from work more than  no more than – €  4,814 €  4,814 €  32,589 €  32.589 –

Please note! You may be entitled to the (supplementary) single-parent tax credit and parental leave tax credit if you: – were liable to pay Dutch national insurance contributions and/or – opted for resident taxpayer status or – were living in Belgium, Suriname, Curacao, Aruba, Sint Maarten or – as a German resident, were subject to the 90% facility

Income-related combination tax credit € 0. But did you receive the self-employed deduction? In that case, € 471. € 471 + 1,837% x (income – € 4,814) € 980

Tax partners' income equally high You may also be entitled to the income-related combination tax credit if you did not opt for resident taxpayer status.

Did you have a tax partner in 2012 and were your and your partner's incomes from work equally high? In that case, the income-related combination tax credit will only apply to the elder partner.

Were you living in Belgium, Suriname, Curacao, Aruba or Sint Maarten? Or, as a German resident, were you subject to the 90% facility? In that case, you can also be tax partners if you do not opt for resident taxpayer status.

Single-parent tax credit You are entitled to the single-parent tax credit if you meet the following conditions: 1 You had no tax partner for more than 6 months in 2012. 2 During this period, you were running a household with only 1 or more children the youngest of whom was born after 31 December 1993. 3 During this period, you supported at least 1 child forming part of your household for at least € 408 per quarter. Or you received child benefit for this child (or a comparable foreign benefit). 4 During this period, this child was registered with the municipality as living at your home address. 5 The child had no income or assets of his own. Did the child have income or assets of his own? In that case, you are entitled to the single-parent tax credit if this income or these assets was/were insufficient for the child to live on.

If you were living in Belgium and did not opt for resident taxpayer status, you must have had income that was taxed in the Netherlands in 2012 in order to be eligible for the tax credits for parents.

For question 46a Income-related combination tax credit You are entitled to the income-related combination tax credit if you meet the following conditions: – For at least 6 months in 2012, you had a child that was born after 31 December 1999. – During this period, this child was registered with the municipality as living at your home address. Was the child registered as living at the other parent's home address? In that case, the child should form part of your household for at least 3 days a week. – Your income from work (wage, profit or, for example, income from freelance work) was higher than € 4,814 or you received (or were entitled to receive) the self-employed deduction. – You did not have a tax partner in 2012. Or you did have a tax partner in 2012, but your income from work (wage, profit or, for example, income from freelance work) was lower than that of your tax partner.

Was your child born after 31 December 1995? In that case, we assume that you meet condition 3 and condition 5 will not apply. The single-parent tax credit is € 947 (or € 435 if you were 65 years of age or older in 2012). This amount is increased by 4.3% (or 1.98% if you were 65 years of age or older in 2012) of your income from work (wage, profit or, for example, income from freelance work) if the child you supported was born after 31 December 1995. The increase is no more than € 1,319 (or € 606 if you were 65 years of age or older in 2012).

Please note! Tax credits upon death You are entitled to the income-related combination tax credit or the single-parent tax credit only if you have met all conditions for these tax credits for (more than) six months. Due to the death of your child, do you not meet the period of six months, but do you meet the other conditions? In that case, you are still entitled to these tax credits.

Did you have a tax partner for less than six months in 2012? In that case, we will regard you as a single person when applying this credit.

Withdrawals under the life-course savings scheme Were you born in or before 1950? And, in 2012, did you withdraw money under the life-course savings scheme because you took life-course leave? In that case, this amount is not included as income from work for the income-related combination tax credit.

For questions 46b and 46c Did you take parental leave in 2012? In that case, you may be entitled to the parental leave tax credit. A condition is that you have a parental leave statement from your employer.

Co-parents For more information about the special scheme for co-parents, call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

67

The parental leave tax credit is the number of hours of parental leave you took in 2012, multiplied by € 4.18. The amount of the parental leave tax credit is no more than your 2011 taxable wages minus your 2012 taxable wages.

– Your aggregate income was no more than € 35,450. You can calculate your aggregate income with the calculation tool below. The elderly person's tax credit is € 762. If you file a tax return, you will automatically receive this credit. You need not enter this in your tax return.

Did the parental leave commence before 2012? In that case, in determining the maximum parental leave tax credit, you may deduct your taxable wage in 2012 from your taxable wage in the year prior to the year in which your parental leave commenced. For example, did your parental leave start in 2011? In that case, your maximum parental leave tax credit is your 2010 taxable wages minus your 2012 taxable wages.

If you did not opt for resident taxpayer status, you need to take your joint Dutch and foreign income, deductible items and assets in account in order to calculate your aggregate income, without taking your exempt income into account.

Calculation tool for the aggregate income Please note! Reproduce from E in the overview on page 1

Keep the parental leave statement from your employer, as we may request for it.

Reproduce from H in the overview on page 1

47 Life-course leave tax credit

Reproduce from K in the overview on page 1 +

Did you save under the life-course savings scheme? And, in 2012, did you withdraw money from this savings account for unpaid leave? In that case, you are entitled to the life-course leave tax credit.

For question 48a

Add Aggregate income

You are entitled to the single elderly person’s tax credit if, in 2012, you received or were entitled to an old-age pension for a single person or a single parent. You will also receive this credit if you did not receive, or only partially received, old-age pension for a single person or a single parent, because you were living abroad before you turned 65 years of age or because you were a recognised conscientious objector.

The life-course leave tax credit is no more than € 205 per year in which you saved, in the period between 2006 and 2011. Were you also entitled to the life-course leave tax credit in (one of) the years between 2006 and 2011? In that case, you must reduce the maximum credit by the life-course leave tax credit you received earlier.

Did you not live together at the same address, for example because 1 of you was admitted to a care or nursing home? And did you both receive an old-age pension for single persons? In that case, you are both entitled to the single elderly person's tax credit.

Your employer takes the life-course leave tax credit into account when calculating the wage tax and national insurance contributions.

The single elderly person's tax credit is € 429. Tick the box in the tax return if you met this condition.

Please note! The life-course savings scheme was cancelled on 1 January 2012. A transitional scheme applies. Visit www.belastingdienst.nl for more information.

49 Tax credit for young disabled persons

48 Tax credit for persons of 65 years of age or older

You are only entitled to this tax credit if you: – were liable to pay Dutch national insurance contributions and/or – opted for resident taxpayer status

Were you born before 1 January 1948? In that case, you may be entitled to the elderly person's tax credit and the single elderly person's tax credit.

In 2012, were you entitled to a benefit under the Work and Employment Support (Young Disabled Persons) Act (Wajong) or to support in finding work according to the Wajong Act? And you received no elderly person's tax credit? In that case, you are entitled to the tax credit for young disabled persons.

Please note! You are only entitled to this tax credit if you: – were liable to pay Dutch national insurance contributions and/or – opted for resident taxpayer status or – as a German resident, were subject to the 90% facility

No Wajong benefit due to other income In 2012, were you entitled to a benefit under the Work and Employment Support (Young Disabled Persons) Act (Wajong) or to support in finding work according to the Wajong Act, but did you not receive it because it coincided with another benefit? Or because your income from work was too high? In that case, you are still entitled to the tax credit for young disabled persons.

Elderly person's tax credit You are entitled to the elderly person's tax credit if you meet the following conditions: – You were born before 1 January 1948.

68

Amount of tax credits

The tax credit for young disabled persons is € 708.

The tax credit for social investments and for direct investments in venture capital and cultural investments is calculated on no more than the exemption you used in order to determine your taxable income from savings and investments (box 3) (see Non-exempt part of social investments and Non-exempt part of investments in venture capital and cultural funds). The amount per tax credit is 0,7% of your exemption in box 3. We  automatically calculate the tax credits when determining your assessment. Enter the value of the exemption in box 3 in question 50a or 50b.

For question 49a Tick the box in the tax return if you received a Wajong benefit. Or if you did not receive the benefit, but were entitled to it.

50 Tax credits for social investments or direct investments in venture capital

Please note! Did you have a tax partner throughout 2012? In that case, the tax credit applies to both of you. You apportion the tax credit in the same way as the joint basis for savings and investments (see 'Gains from savings and investments'). For example, did you state 3/4 of the joint basis in 'Gains from savings and investments'? In that case, you also enter 3/4 of the exemption in question 50a or 50b. If the joint basis for savings and investments is nil, the person with the highest aggregate income will be entitled to the tax credit. Are your and your tax partner's aggregate incomes equally high? In that case, the elder person will be entitled to the tax credit.

You are only entitled to this tax credit if you: – were liable to pay Dutch national insurance contributions and/or – opted for resident taxpayer status Did you or your tax partner invest in a green fund or a social and ethical fund in 2012? In that case, you are entitled to the tax credit for social investments. Did you or your tax partner lend money to a starting business or did you invest money in a cultural fund? In that case, you are entitled to the tax credit for direct investments in venture capital and cultural investments. However, the green fund, social and ethical fund or cultural fund must have been recognised by us. Visit www.belastingdienst.nl to see whether the fund in which you invested has been recognised by us.

Exemption in box 3 Did you have social investments in 2012? In that case, an exemption applies on 1 January 2012 up to a joint value of no more than € 56,420. In 2012, did you have direct investments in venture capital and cultural funds? In that case, an exemption applies on 1 January 2012 up to a joint value of no more than € 56,420.

Social investments Social investments are 'green' investments and social and ethical investments: – 'Green' investments are investments in funds that have been recognised by us and that invest in projects pertaining to environmental protection. – Social and ethical investments are investments in funds that have been recognised by us and that invest in projects pertaining to, for example, economic development in developing countries.

Tax partner Did you have a tax partner throughout 2012? In that case, the exemption will be no more than € 112,840.

More information about social investments or direct investments in venture capital can be found in the supplementary explanation Tax credits for social investments or direct investments in venture capital and cultural investments (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Investments in venture capital and cultural investments You may be entitled to a tax credit for the following investments: – subordinated loans to starting businesses that are registered with us (direct investments) A subordinated loan is a loan that only needs to be paid off if, for example in case of insolvency, all other debts have been paid. – investments in cultural funds which have been recognised by us

51 Separated private assets

An investment can be recognised as an investment in venture capital if it meets various conditions. These conditions have to do with, for example: – the amount of the investment – the purpose for which the starting business uses the investment

Did you, your tax partner or the minor children transfer capital to separated private assets (afgezonderd particulier vermogen or APV), such as trusts or certain private foundations or associations? The tax on the capital from an APV is imposed on the person who transfers capital to the APV. After the death of the transferor, the tax on the allocated capital of the APV is imposed on his heirs.

This tax credit is calculated on no more than the exemption you used in order to determine your taxable income from savings and investments (box 3) (see Amount of tax credits).

What does an APV include? The concept of separated private assets comprises: – (family) trusts – Antillean Private Foundations (SPF) – Stiftungen – certain private foundations and associations – other comparable allocated funds such as Private Foundations, Anstalts and Genossenschaften

Investments through a venture capital company (indirect investments) The tax credit for investments in venture capital and cultural investments does not apply to investments through a venture capital company. These investments are part of the 'indirect investments'. The exemption for this investment is, however, taken into account when determining your taxable income from savings and investments.

69

An APV mainly concerns a private interest of a family, for example. Does it concern public service or a social benefit? In that case, it does not have to be an APV. An APV is not a Social Benefit Organisation (Sociaal Belang Behartigende Instelling or SBBI).

Dividend tax withheld from dividend paid to minor children

More information about APVs can be found on

Dividend tax that you may not offset against the assessment

www.belastingdienst.nl.

You may not offset the dividend tax against your assessment for income tax and national insurance contributions if you received the dividend under: – an annuity investment account – an investment account associated with home ownership – an investment account from which regular payments are made – a life-course savings scheme The fact is that, on balance, this dividend tax is not payable by you. Through your bank or insurer, this is reinvested in your investment account.

Was dividend tax withheld from dividend paid to minor children? In that case, the parent who has to state the income or capital of this child in his tax return will also offset the dividend tax withheld.

What is an SBBI? An SBBI is an organisation that engages in activities - for and with people - to which a large social value can be attributed. Examples of SBBIs are: – choirs and dance groups – musical and brass societies – sporting clubs – playgrounds – staff associations – elderly persons' associations – local scouting clubs – amateur drama societies and theatrical groups

For question 52a Dividend tax is withheld as soon as you receive dividend. Your dividend voucher will state this amount. You only state the Dutch dividend tax.

For question 51a

Tax partner and dividend

In the following situations, you state the capital and the income from the APV in your tax return: – You transferred capital to the APV. – You are the heir of the person who transferred capital to the APV. – You have a specific entitlement at the expense of the APV. For example, an entitlement to payments. – You have a tax partner who transferred capital to the APV. – You or your tax partner have a minor child who transferred capital to the APV or for whom capital was transferred to the APV.

Did you have a tax partner in 2012? In that case, you may apportion the dividend tax withheld between yourself and your tax partner. Any apportionment is allowed, as long as the total is 100%. Only mention the part you wish to state for yourself.

If you tick the question in the tax return, you must state the full name of the APV and the country of establishment of the APV.

Revenues from games of chance

You may not offset any dividend tax in case of Dutch dividend on assets in box 3. If you opted for resident taxpayer status, you need not pay double tax. The fact is that you can request a tax exemption for this income. See the explanation for question 56.

In 2012, did you have revenues from games of chance that were taxed as income from other work? In that case, you enter this amount in box 1 as taxable income.

For question 51b Did the APV pay at least 10% tax on the profit? In that case, tick the box. You need not complete question 51c. Did the APV pay less than 10% tax on the profit? In that case, do not tick the box. You do have to complete question 51c.

You state the Dutch tax on games of chance as an offsettable amount. Enter the withheld tax on games of chance in question 52a. You may not apportion the withheld tax on games of chance between yourself and your tax partner.

For question 51c Enter the revenues and expenses, the assets and liabilities from the APV which are allocated to you, your tax partner or the minor children. You also enter these assets and liabilities and the revenues and expenses from the APV once again in the relevant sections of box 1, 2 and 3.

53 Revisionary interest In certain situations, you must, in addition to income tax, also pay revisionary interest because (in retrospect) you paid too little tax. In order to compensate this, you pay revisionary interest.

52 Dutch dividend or taxed income

When do you pay revisionary interest?

from games of chance

You pay revisionary interest if, in 2012, one of the following situations applies to you. – You surrendered your right of entitlement to regular payments in case of a dismissal. – You commuted your pension. – You surrendered your annuity insurance. – You withdrew the balance in your annuity savings account or the value of your annuity investment account in a lump sum. – The annuity was not converted by you or did not become payable in time after the contract date. – The annuity did not become payable in time after death.

Did you have any withholdings for Dutch dividend tax in 2012? Or has any withholding tax on the interest on Dutch or foreign savings balances been deducted? In that case, we will offset this tax against your assessment for income tax and national insurance contributions under certain conditions.

70

– Your annuity or occupational pension scheme no longer met the tax conditions.

– you commuted a pension of which the pension payment would not have exceeded € 438.44 per year You entered this income in question 16a.

Which rate applies to revisionary interest and on what do you calculate this interest? The revisionary interest rate amounts to 20%. You calculate this rate on the following income: – the lump sum payment of a right of entitlement to regular payments, or the balance of the savings account from which regular payments are made or the investment account from which regular payments are made You entered this income in question 16a. – the lump sum pension payment You entered this income in question 16a. – the lump sum annuity payment, or the balance withdrawn from the annuity savings account or the annuity investment account You entered this income in question 16b. If no wage tax and national insurance contributions were withheld from the lump sum payment, you entered this income in question 25b. – the value of the annuity that has not been converted or has not become payable in time You entered this income in question 25b. – the value of the annuity or occupational pension scheme at the time when it no longer met the tax conditions You entered this income in question 25b.

54 Income to be protected Did you place your pension or annuity entitlements with an insurer abroad? In that case, you may have to state 'income to be protected'. We impose a separate assessment for this income. You only need to pay this if, for example, your pension or annuity is disposed of or surrendered. In other cases, too, you may have income to be protected, for example in case of emigration or if you move to another country again after you emigrated (onward migration) or in case of suspension of a business due to death. You may have income to be protected: – if you emigrated – if you immigrated – if you work internationally – in certain situations in the Netherlands

More information about this income can be found in the supplementary explanation Income to be protected (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

So you must calculate the 20% revisionary interest on the amount you entered in the tax return as amount taxed.

Rebuttal scheme Did you take out the annuity, the right of entitlement to regular payments or the pension entitlement after 31 December 2001? In that case, you can make use of the rebuttal scheme. Here, the revisionary interest is calculated differently. This could be more advantageous for you. This is the case if the revisionary interest you must pay according to the rebuttal scheme is lower than 20% on the amount you entered in the tax return as taxed.

55 Income on which no income

Whether this applies to you and whether this is more advantageous for you can be calculated with the Calculation Tool for Revisionary Interest on www.belastingdienst.nl. You can only use this calculation tool for a surrendered annuity on which you must pay revisionary interest, so not on a right of entitlement to regular payments in case of a dismissal, for example. For more information, call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

It could be that you stated (positive or negative) income in the tax return on which income tax may not be levied in the Netherlands (or only partially). This will often be the case if you opted for resident taxpayer status. Because in that case, you stated your Dutch and your foreign income. It could also be that you filed a tax return for income on which tax may be levied in the Netherlands, but at a reduced rate.

Is the outcome according to the rebuttal scheme lower than 20% of the amount you entered in the tax return as taxed? Enter this outcome in question 53a. This will then be considered as a request for application of the rebuttal scheme.

If you opted for resident taxpayer status

tax may be levied in the Netherlands

In this situation, you stated both your income and assets in the Netherlands and abroad in the questions 5 to 33. In order to prevent double taxation, you may be entitled to a tax relief. In order to calculate this relief, you are required to specify in questions 55a to 55d which income (positive and negative) you stated on which no tax may be levied in the Netherlands. If you opted for resident taxpayer status, you stated, for example, the owner-occupied home abroad in question 23. The (positive or negative) balance hereof in 23q (or 23r if you had a tax partner) should also be stated in question 55a. Your income from a foreign substantial interest should also be stated in question 55b. Assets, such as shares and savings balances which you entered in question 31 (box 3), with the exception of any rights to shares in the profits of a Dutch company, should be stated in question 55c. Foreign immovable property needs to be stated in question 55d.

No revisionary interest payable You need not pay any revisionary interest if: – you surrendered an annuity to which the scheme for the surrender of small annuities applies You entered this income in question 16a. – you surrendered an old-regime annuity. These are annuity contracts which were concluded: – before 16 October 1990, of which the premium has not been increased after that, except if this was possible under a clause in this policy – after 15 October 1990 but no later than on 31 December 1991 and for which no premiums were paid after 31 December 1991 You entered this income in question 16a.

71

If you did not opt for resident taxpayer status

your owner-occupied home, will not result in a tax advantage. For these types of situations, there is a transfer facility. We determine the amount upon assessment and automatically include the foreign income in the relevant box when calculating the relief in a following year. You may not include this transferred amount once again in your tax return in that year.

In that case, question 55 does not apply to you. Complete question 56.

Calculating the relief If you were not living in the Netherlands and you opted for resident taxpayer status, you state your income from the Netherlands and abroad. You therefore also state the income on which no Dutch tax may be levied based on national and international regulations. You may need to pay tax on this income in another country as well. In order to prevent you from having to pay tax in both countries, you are entitled to an income tax relief in the Netherlands. You are entitled to this if, for example, you were a self-employed person in your country of residence. Or if you were employed and had to pay tax on your income tax in that other country. A condition for the double tax relief is that, on balance, your foreign income is positive. The Dutch Tax Administration will determine the tax relief based on your tax return.

Example Your taxable income from work and home (box 1) is € 25,000. Assume that, in 2012, you owe income tax on this, amounting to € 1,250. Your income consists of € 35,000 of German wage. From this, € 10,000 of negative income from your owner-occupied home is deducted. You owe German tax on the German income and are entitled to double tax relief in the Netherlands. In that case, this relief is € 35,000/€ 25,000 x € 1,250 = € 1,750. Your maximum relief, however, is € 1,250. As this is the amount of income tax payable in box 1. An amount of € 10,000 (€ 35,000 - € 25,000) therefore does not result in a tax relief. That is why this amount is reserved. In the future, do you have income in box 1 on which you have to pay income tax in the Netherlands? In that case, you are entitled to double tax relief on the reserved amount.

Rules have been laid down for calculating the double tax relief. The basis for the calculation is the ratio between the non-Dutch taxable income and the total income (both in the Netherlands and abroad). The relief resulting from the option for resident taxpayer status is calculated on the income tax you owe after deduction of the tax credit. This relief cannot be more than the amount of income tax payable in the relevant box.

For question 55a Did you opt for resident taxpayer status? In that case, state the income for which you are requesting a relief. State positive as well as negative income. If the balance for the owner-occupied home is negative, enter this negative amount. This applies to all negative amounts in box 1, with the exception of the personal allowance. Enter the gross income, so do not take any foreign tax that was withheld from this income into account. For profits from a foreign company, you need to take the costs into account. In that case, state the profit before tax was levied on it.

Example 1 Your taxable income from work and home (box 1) is € 25,000. Assume that in 2012 you owe € 1,250 income tax on this. Your income consists of € 10,000 from wage in the Netherlands and € 15,000 from wage in Belgium. You would not have stated the Belgian income if you had not opted for resident taxpayer status. Because you opted for resident taxpayer status, you are entitled to relief in the Netherlands. The relief is € 15,000/€ 25,000 x € 1,250 = € 750.

Please note! did you opt for resident taxpayer status? And is 90% or more of your income taxed in the Netherlands? In that case, the negative income from the owner-occupied home need not be set off. This only applies if you or your partner were not entitled to mortgage interest relief in the country of residence and if you or your tax partner lived in the EU, Iceland or Norway. For the question whether the 90% requirement is met, your and your partner's incomes must be add up. In order to calculate whether 90% or more of your income is taxed in the Netherlands, you can use the calculation tool on page 13.

If you are entitled to a deduction for expenses for income provisions and a personal allowance, the deductible amounts are allocated proportionately to the Dutch income and the foreign income.

Example 2 Your taxable income from work and home (box 1) is € 25,000. Assume that in 2012 you owe € 1,250 income tax on this. Your income consists of € 15,000 from wage in the Netherlands and € 15,000 from wage in Belgium, therefore € 30,000 in total. Your taxable income is € 25,000 because the following amounts are deducted: € 1,000 for expenses for income provisions, € 4,000 for personal deductible items. You would not have stated the Belgian income if you had not opted for resident taxpayer status. Because you opted for resident taxpayer status, you are entitled to relief in the Netherlands. The relief is € 15,000/€ 30,000 x € 1,250 = € 625. When calculating the relief, we therefore do not take the taxable income from work and home amounting to € 25,000, but the taxable income from work and home increased by € 5,000 for expenses for income provisions and personal deductible items, therefore € 30,000.

More information can be found in the supplementary explanation Avoiding double tax (for non-resident taxpayers). You can download this explanation from www.belastingdienst.nl.

Lack of space? Enter the two largest amounts on the upper two lines and the total of the other amounts on the third line.

For question 55b State the income for which you are requesting a relief due to your option for resident taxpayer status. Enter the gross income, so do not take any foreign tax that was withheld from this income into account.

Did you opt for resident taxpayer status? In that case, the relief is calculated on the income tax you owe after deduction of the tax credit.

Lack of space? Enter the largest amount on the first line and the total of the other amounts on the second line.

Transfer facility The amount of the double tax relief cannot be more than the income tax payable in the relevant box. This could mean that certain deductible items, such as the mortgage interest connected with

72

For question 55c

Calculating the exemption

State your assets for which you are requesting a relief due to the option for resident taxpayer status, for example savings. Deduct any debts relating to these assets from the value of the foreign assets.

If you were not living in the Netherlands and you did not opt for resident taxpayer status, you only state your Dutch income in the Netherlands. It could be that you also need to pay tax on this income in a different country. In order to prevent you from having to pay tax in both countries, you are entitled to a tax exemption in the Netherlands. A condition for the exemption, however, is that the Dutch income to which the exemption applies, is positive on balance. The Dutch Tax Administration will determine the tax relief based on your tax return.

Lack of space? If it concerns more than one amount: only enter the total amount.

For question 55d State foreign immovable property that is not part of box 1. Deduct any debts relating to these assets from the value of this immovable property.

The basis for the calculation is that the income not taxable in the Netherlands is deducted from your total income. The exemption is calculated before deduction of the tax credit.

The country codes can be found in the table on page 8.

Example For question 55e Have you stated any income to which a reduced rate applies because of the Tax Regulations for the Kingdom, or the tax treaty between the Netherlands and your country of residence? In that case, state this income, the applicable tax rate, the country code and the amount of the income to which this reduced tax rate applies. If, for example, you received interest or dividend from a substantial interest (box 2), you are often entitled to a reduced rate of 10% or 15%.

You are living in Spain and your taxable income from work and home (box 1) is € 25,000. Your income consists of a Dutch government employee pension amounting to € 15,000 and a Dutch old-age pension amounting to € 10,000. You state both incomes in your income tax return. The taxing rights on the old-age pension are Spanish and you request an exemption of € 10,000 for the prevention of double tax. Dutch income tax is only calculated on the government employee pension of € 15,000.

The country codes can be found in the table on page 8.

More information about exemptions and reliefs under a tax treaty can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

56 Dutch income on which no

For question 56a State the income you entered previously in questions 5 to 29 for which you are requesting a tax exemption.

income tax may be levied in the Netherlands

For question 56b State the income you entered previously in this tax return in question 30, for which you are requesting a tax exemption.

It could be that you stated (positive or negative) income in the tax return on which income tax may not be levied in the Netherlands (or only partially). This will often be the case if you opted for resident taxpayer status. But also if you did not opt for resident taxpayer status, it could be that you stated income on which no tax may be levied in the Netherlands (or at a reduced rate).

For question 56c Have you stated any income to which a reduced rate applies because of the Tax Regulations for the Kingdom or the tax treaty between the Netherlands and your country of residence? In that case, state this income, the applicable tax rate, the country code and the amount to which this reduced tax rate for this question applies. If, for example, you received interest or dividend from a substantial interest (box 2), you are often entitled to a reduced rate of 10% or 15%. The country codes can be found in the table on page 8.

If you opted for resident taxpayer status In that case, question 56 does not apply to you, but you should complete question 55.

If you did not opt for resident taxpayer status In this situation, you only stated your Dutch income and assets in questions 5 to 33. It could be that the Dutch Tax Administration may not levy tax on one or more of the Dutch income components (or at a reduced rate). This is the case if the tax treaty between the Netherlands and your country of residence states that the relevant income component may only be taxed in your country of residence. It could also be that a tax treaty provides that tax may only be levied in the Netherlands on certain Dutch income at a reduced rate. The table on page 8 lists most countries with which the Netherlands has a tax treaty.

57 Compulsorily covered by the national insurance schemes If you were living and working abroad in 2012, you were not covered by the Dutch national insurance schemes and therefore did not have to pay contributions. In a number of situations, you are covered by the Dutch national insurance schemes by virtue of Dutch legislation and international regulations. In that case, you must pay contributions in the Netherlands.

For example, when were you compulsorily covered by the Dutch national insurance schemes in 2012? – You were employed in the Netherlands.

73

58 Compulsory insurance: income

– You had profits from a Dutch company and you were actually working in that company in the Netherlands, without at the same time being self-employed in a company in your country of residence. Nor were you employed in your country of residence at the same time. – You were working abroad temporarily and continued to be covered by the Dutch national insurance schemes because of a secondment arrangement in an international social security scheme. – You were an employee of an international road, water or air transport company established in the Netherlands. – You were living abroad only for your studies, and you were younger than 30 years of age in 2012. – Other special situations in which you are covered by the Dutch national insurance schemes because of international regulations.

Contribution base In order to determine how much contribution you owe, we look at your joint annual income in box 1 in the Netherlands and abroad. You owe contributions on no more than € 33,863 (or € 34,055 if you were born before 1 January 1946). Your employer or benefits agency withholds contributions from your wage, benefit or pension. The contributions withheld are subsequently offset against the contributions you owe. With respect to the national insurance contributions, you need to state your income from work and home in box 1 in the Netherlands and abroad. In calculating your joint income in the Netherlands and abroad, you may be entitled to the same deductible items as a Dutch resident. Tax treaties do not apply to the levy of national insurance contributions.

For question 57a Enter the period in 2012 in which you were compulsorily covered by the Dutch national insurance schemes (AOW, Anw and AWBZ).

Do you have a tax partner? In that case, you may also deduct your tax partner's expenses which your tax partner already deducted in the country of residence. If you have a partner, you can apportion the joint income and deductible items as you wish, as long as the total is 100%. You need not be each other’s tax partners for this. You do, however, have to meet the conditions for tax partnership, with the exception of the condition that you both have opted for resident taxpayer status.

Example You were employed in the Netherlands from 1 January to 31 July. You are liable to pay national insurance contributions from 1 January to 31 July.

For question 57b Enter the period in which you received income from the Netherlands or owned assets in the Netherlands in 2012 (tax liability period). Whether you opt for resident taxpayer status does not influence this.

Please note! If you and your tax partner both opted for resident taxpayer status, you need to make the same apportionment as you did for the income tax.

Example From 1 January to 3 July, you were employed in the Netherlands and you opted for resident taxpayer status. Your tax liability period is also 1 January to 3 July. Enter this period in question 57b.

Example You are living in Belgium and are married to your spouse in community of property. You only receive wages in the Netherlands and have an owner-occupied home in Belgium with a mortgage loan. Your spouse has no income of his own. You do not opt for resident taxpayer status. For tax purposes, you are not allowed to take your owner-occupied home into account. Your spouse is not insured in the Netherlands. For the national insurance contributions, you are allowed to take your owner-occupied home into account. Because you have a spouse, you may apportion the balance between yourselves.

Please note! If you were liable to pay national insurance contributions or tax during two or more periods, enter one continuous period for the total duration of the shorter periods.

Example If you were liable to pay national insurance contributions or tax from 1 March to 3 May and from 1 October to 3 December, enter the period of 1 March to 6 July in questions 57a or 57b.

Contribution base depends on the period of liability for national insurance contributions and tax liability period

Conversion of the contribution base in proportion to time Do you want to be eligible for conversion - in proportion to time - of the contribution base for a full calendar year? Even if the actual tax liability period is shorter than a calendar year? In that case, enter the following period: 1 January 2012 to 31 December 2012. After that, you must, for question 58, state your Dutch and foreign income from box 1 for the whole of 2012.

Were you liable to pay national insurance contributions in the Netherlands throughout 2012? In that case, the whole of 2012 is the basis for entering the contribution base. Were you not liable to pay national insurance contributions in the Netherlands throughout 2012? And was the period in which you were liable to pay national insurance contributions in 2012 longer than your tax liability period (or were you not liable to pay tax in the Netherlands in 2012)? In that case, the period in which you were liable to pay national insurance contributions is the basis for entering your contribution base.

Please note! You must also complete question 61b.

Were you not liable to pay national insurance contributions in the Netherlands throughout 2012? And was the period in which you were liable to pay national insurance contributions in 2012 shorter than the tax liability period? In that case, the tax liability period in 2012 in the Netherlands is the basis for entering the contribution base.

74

59 Compulsory insurance:

Please note! The fact that you need to state your contribution base for your tax liability period, does not mean that you are also liable to pay national insurance contributions during that whole period.

deductible items

Conversion of the contribution base in proportion to time

The basis for the national insurance contributions is your income from work and home in box 1 in the Netherlands and abroad. See the explanation for question 58. In calculating your joint income in the Netherlands and abroad, you may be entitled to the same deductible items as a Dutch resident. You can state these deductible items here.

For question 57b, did you state that you want to be eligible for conversion - in proportion to time - of the contribution base for a full calendar year? Even if the actual period in which you were liable to pay national insurance contributions is shorter than a calendar year? In that case, state your Dutch and foreign income in box 1 for the full calendar year.

For question 59a

More information can be found at www.belastingdienst.nl.

See the explanation for question 28.

Or call the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

For question 59b See the explanation for question 19.

For question 58a For question 59c

See the explanation for question 14.

See the explanation for question 23t.

For question 58b For question 59d

See the explanation for questions 15a and 15c.

See the explanation for questions 35 to 43.

For question 58c See the explanation for question 16.

60 Compulsory insurance:

For question 58d See the explanation for question 17.

contribution base

For question 58e See the explanation for question 18.

For question 60d For question 58f

Only enter an amount here if you did not already enter the Dutch wage tax and national insurance contributions in 2012 in questions 15a, 16 or 20d.

See the explanation for question 20.

For question 58g See the explanation for question 24.

61 Correction or reduction of your

For question 58h See the explanation for question 25.

contribution base

For question 58i See the explanation for question 21.

Does part of your income fall under a foreign social security scheme? Or, as a non-resident, were you covered by the Dutch national insurance schemes during part of 2012? In that case, you can request a correction or reduction of your contribution base in some situations.

For question 58j See the explanation for question 26.

For question 58k See the explanation for question 27.

Correction of contribution base For question 58l

Were you covered by the Dutch national insurance schemes in 2012? And, in the contribution base, did you state certain income that is not part of the contribution base? In that case, you may be eligible for a correction of the contribution base in the following situations: – Part of your income is subject to foreign social security legislation because of an international regulation. – You pay statutory contributions for old-age benefits and death benefits on part of your income in another country.

See the explanation for question 29.

For question 58m See the explanation for question 23q/r. If your balance for the owner-occupied home is negative, place a minus sign before the amount.

For question 61a You can request a correction of your contribution base in your tax return. In that case, your contribution base is never more than the income minus the income on which you owe contributions in another country.

75

Method 3: Calculation of maximum contribution base in proportion to the period

Enter the income for which your contribution base should be corrected here.

The maximum income on which contributions are calculated in 2012, is € 33,863 (or € 34,055 if you were born before 1 January 1946). The maximum contribution base is converted in proportion to time to 210/360 x 33,863 = € 19,753 (or € 19,865 if you were born before 1 January 1946).

Example You were liable to pay Dutch tax and covered by the Dutch national insurance schemes throughout the year. You have a contribution base of € 70,000, of which € 30,000 is from profits in Belgium. Because of this, the contribution base after correction is € 70,000 - € 30,000 (correction) = € 40,000, but is set at a maximum of € 33,863 (or € 34,055 if you were born before 1 January 1946). In the tax return, you state the correction amount. In this example, that amounts to € 30,000.

More information about calculating your contribution base

For question 61b

can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

In this example, method 2 is the most favourable. We therefore set the contribution base at € 15,000.

Enter the balance of the income and deductible items during the period in which you were liable to pay tax, but were not covered by the national insurance schemes.

62 Income that was subject to the

Example

Healthcare Insurance Act

You were liable to pay tax from 1 January to 31 October. But you were covered by the national insurance schemes from 1 January to 30 June. In that case, you state your contribution base for the period 1 January through to and including 31 October. After this, enter the balance of the income and deductible items for the period of 1 July to 31 October in ‘vermindering premie-inkomen’.

In principle, everyone living or working in the Netherlands is covered by compulsory healthcare insurance under the Healthcare Insurance Act (Zvw). You pay your healthcare insurer premiums for this. In addition, you have to pay us an income-related healthcare insurance contribution on certain income. You pay this contribution on a maximum amount of € 50,064.

Were you covered by the Dutch national insurance schemes only during part of 2012 and was this period shorter than the tax liability period? In that case, the contribution base is recalculated in one of the following ways: – The contribution base is calculated in proportion to the period in which you were insured in 2012. – The income and deductible items for the period in which you were no longer insured but still liable to pay tax are deducted from the contribution base. – The contribution base is calculated up to a maximum of € 33,863 (or € 34,055 if you were born before 1 January 1946) in proportion to the period in which you were insured in 2012. Was your actual contribution base higher than this maximum? In that case, your contribution base is brought down to this maximum and subsequently recalculated in proportion to the period in which you were insured.

If you had one or more of the following types of income in 2012: – wages – pension – benefit – annuity payments from which wage tax and national insurance contributions were withheld Then your employer or benefits agency withheld your income-related contribution from this. This is mentioned in your annual income or benefit statement. If you had one or more of the following types of income in 2012: – profits – income from other work, for example income from freelance work or income according to the tax facility for performing artists – regular payments from which no wage tax or national insurance contributions were withheld, such as maintenance Then you pay the income-related healthcare insurance contribution by means of a (provisional) assessment. Your contribution is 5% of the total of this income.

We test all three methods and determine which one is the most favourable for you. We will then apply this method.

Example You are living in Germany and are liable for Dutch tax throughout the year because you have a holiday home in the Netherlands (box 3). You are employed in the Netherlands. The wage is € 15,000. As of 1st August you stop working in the Netherlands and are no longer liable to pay national insurance contributions. As from 1 August, you receive a wage in Germany amounting to € 25,000.

Calculation of the contribution if you received wages or a benefit and other income Were you employed or did you receive a benefit and did you, for example, also have income from freelance work? In that case, we only calculate the income-related contribution on your other income. Was your wage or benefit higher than € 50,063? In that case, you no longer have to pay an income-related healthcare insurance contribution on this other income.

Method 1: Calculation in proportion to the period You are insured in the Netherlands for 210 days. The contribution base is converted in proportion to time to 210/360 x € 40,000 = € 23,333.

No income-related healthcare insurance contribution Method 2: Calculation deduction

You do not pay any income-related healthcare insurance contribution in the following cases:

We deduct the income for the period in which you were no longer insured from the contribution base. The result is: € 40.000 - € 25.000 = € 15.000.

76

For question 62g

– In the tax return, you entered maintenance or related lump sum payments in question 24c. You also received this maintenance from the same person in 2005 and you had no other income in 2012. – You state in the tax return in question 62d that you were a member of the military throughout 2012.

Were you living abroad in 2012, and was your employer based abroad? In that case, your employer perhaps did not withhold the income-related contribution from your wages. If that is the case, you will receive a (provisional) assessment of 5% of your contribution income.

For question 62b Enter your foreign income from employment, from which no income-related healthcare insurance contribution was withheld and refunded by the employer.

You can find the wage for the Healthcare Insurance Act in the annual income or benefit statement issued to you by your employer or benefits agency. Do not enclose this annual income or benefits statement with the tax return.

For question 62h For question 62c

Were you covered by healthcare insurance in the Netherlands? However, did you already pay a premium or contribution for a statutory health insurance scheme on part of the income in another country and is this income not part of the contribution income? In that case, state this foreign income. This way, you are requesting a correction of the contribution income. Perhaps you had foreign income in 2012, for example a foreign pension or benefit. From this income, your foreign employer or benefits agency usually does not withhold a contribution for a foreign statutory health insurance scheme. Therefore, you pay this contribution yourself by means of a (provisional) assessment. Did your foreign employer or foreign benefits agency withhold the contribution? In that case, enter your foreign income. You can find it in the annual income or benefit statement issued to you by your employer or benefits agency.

Did you receive maintenance from your ex-partner in 2012? And did you already receive this income from the same person in 2005? In that case, you do not pay an income-related healthcare insurance contribution on this. Tick the box in the tax return if you met this condition.

For question 62d Were you on active military service in 2012? Or were you a member of the military on fully paid exceptional leave? In that case, the Ministry of Defence took care of your medical expenses. In that case, you do not have to pay an income-related healthcare insurance contribution (but you are insured and liable to pay national insurance contributions under the AWBZ.) During your employment with the Ministry of Defence, did you have other income in 2012? In that case, you do not pay an income-related healthcare insurance contribution on this income either.

For question 62i Were you compulsorily covered by healthcare insurance for part 2012 in the Netherlands and for another part of 2012 abroad? In that case, state the part of the year in which you were insured in the Netherlands. You do this in question 57a. Also state the part of the contribution income you earned in the period in which you were not covered by healthcare insurance, because you were compulsorily covered by a statutory health insurance scheme in another country.

State the period during which you were on active military service or a member of the military on exceptional leave.

For question 62e State the amount of the income from employment that was included in the profit, including the allowance for contributions pursuant to the Healthcare Insurance Act. No income-related healthcare insurance contribution is calculated on this part of the profit, because the employer or benefits agency withheld the income-related healthcare insurance contribution from this. You can find this amount in your annual income statement under 'Loon loonbelasting/volksverzekeringen'. This is the amount you entered in question 15a.

More information about foreign income and the income-related healthcare insurance contribution can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

For question 62f Were you a share fisherman in 2012? In that case, you stated your income as profits from business activities. You must pay an income-related healthcare insurance contribution on these profits. – Were you, as a share fisherman, owner or co-owner of a seagoing vessel? In that case, your income-related healthcare insurance contribution is 5%. You need not complete questions 62e and 62f. – Did you, as a share fisherman, work on board a seagoing vessel, but were you not the owner or co-owner? In that case, you do not pay an income-related healthcare insurance contribution. In questions 62e and 62f, enter the profits from business activities which you made as a share fisherman in 2012. This amount will be deducted from the total healthcare insurance contribution income.

More information about share fishermen and the income-related healthcare insurance contribution can be obtained from the Tax Information Line Non-resident Tax Issues: +31 55 538 53 85.

77

Calculating tax

78

CALCULATING TAX: STEP 1 You can use the following calculation tool to calculate the total amount of the income tax and national insurance contributions. You need this total amount in order to calculate whether you need to pay tax and contributions or whether you will receive a refund. (The amounts and percentages in brackets only apply if you are 65 years of age or older throughout 2012.)

Where the calculation tool states: 'Reproduce from (......) on page 1', you must reproduce an amount from the overview on page 1 of the explanation.

Please note! Round all amounts to whole Euros. In doing so, you may round to your advantage.

Box 1 A

Taxable income from work and home Reproduce from F on page 1 Reproduce from A, but enter no more than € 18.945 in

B

Income tax rate for the first bracket

1,95% x

Income tax amount for the first bracket Calculate 1.95% of B, but enter no more than € 369

Subtract: A minus B

C

Reproduce from C, but enter no more than € 14,918 (or € 15,110 if you were born before 1 January 1946)

D



Income tax rate for the second bracket

10.80% x

Income tax amount for the second bracket Calculate 10.80% of D, but enter

no more than € 1,611 (or € 1,631 if you were born before 1 January 1946) Subtract: C minus D

Reproduce from E, but enter no more than € 22,628 (or € 22,436 if you were born before 1 January 1946) Income tax rate for the third bracket

E F 42% x

Income tax amount for the third bracket Calculate 42% of F, but enter no more than € 9,502

(or € 9,423 if you were born before 1 January 1946) Subtract: E minus F

G

Income tax rate for the fourth bracket

52% x

Income tax amount for the fourth bracket Calculate 52% of G + H

Add Income tax in box 1

Box 2 Taxable income from a substantial interest Reproduce from I on page 1 Income tax amount Calculate 25% of J

J 25% x

K

Add Income tax in box 2

Box 3 Taxable income from savings and investments Reproduce from K on page 1 Income tax amount Calculate 30% of L

L 30% x

M

Income tax in box 3

Total Income tax in box 1 Reproduce from H above Income tax in box 2 Reproduce from K above Income tax in box 3 Reproduce from M above + N

Add Total income tax

79

CALCULATING TAX CREDITS: STEP 2 Calculation tool for tax credits Tax credits are taken into account when calculating the amount you need to pay or will be refunded. These are reductions in the income tax and national insurance contributions owed. You then have to pay less tax. Whether you are entitled to certain tax credits depends on your personal situation.

General tax credit Always enter € 2,033 (or € 934 if you are 65 years of age or older) Employed person’s tax credit See the Calculation tool for the employed person’s tax credit on page 81 Deferred pension bonus. See the Calculation tool for the deferred pension bonus on page 82 Income-related combination tax credit See the explanation for question 46a Single-parent tax credit See the explanation for question 46a and see the Calculation Calculation tool for the single-parent tax credit on page 82 Parental leave tax credit See the explanation for questions 46b and 46c Life-course leave tax credit Reproduce the amount from question 47 in the tax return Elderly person’s tax credit See the explanation for question 48 Single elderly person's tax credit See the explanation for question 48 Young disabled person’s tax credit See the explanation for question 49 Tax credit for social investments See the explanation for question 50 Tax credit for direct investments in venture capital and cultural investments + See the explanation for question 50 P Add Total tax credits

Please note! Did you turn 65 years of age in 2012? In that case, the rate changes. The fact is that you no longer pay old-age pension contributions as from the month in which you turned 65 years of age. This also has consequences for the amount of your tax credit. More information about this can be found on www.belastingdienst.nl.

80

Calculation tool for income from work Reproduce the amounts from the tax return You are entitled to the employed person's tax credit if you had income from work in 2012. We calculate the employed person's tax credit automatically. The credit depends on the amount of your income from work. This income consists of the following: Profits from business activities before the entrepreneur's allowance and SME profit exemption (question 12a). This does not include the share of the profit received as a co-titleholder Wage, sickness benefit and other income from the Netherlands

(question 15a). This does not include withdrawals under the life-coursesavings scheme if you were born in 1950 or earlier

Tips, share option rights and other income from employment from which your employer did not have to withhold wage tax and national insurance contributions (question 15c) Income from foreign employment

(question 17) Income from other work (question 20c). Not the income from providing assets (question 21d) + Q

Add Income from work Calculation tool for the employed person’s tax credit

Table for the employed person's tax credit

If Q is more than € 51,418, you are entitled to the employed person's tax credit corresponding to your year of birth. See the adjoining Table for the employed person's tax credit. Then enter the amount of the table in the Calculation tool for tax credits. In that case, you need not complete the Calculation tool for the employed person's tax credit any further.

Born in Employed person's tax credit 1947 or later € 1.533 1946 € 705 Enter in the Calculation tool for tax credits

If Q is € 51,418 or less, continue below Reproduce from Q, but enter no more than € 9,295 in Rate for the first bracket Amount for the first bracket Calculate 1.733% of R (or 0.796% if you were born in 1946 or earlier). Enter no more than € 161 (or € 74 if you were born in 1946 or before)

R 1,733% (or 0.796%)

S

Subtract: Q minus R

x



Rate for the second bracket Use the percentage corresponding to the year of birth: born in 1947 or later: Calculate 12.32% of S. Enter no more than € 1,450 born in 1946 or before: Calculate 5.658% of S. Enter no more than € 666 in + Add If Q is more than € 45,178 but no more than € 51,418, enter Q 45.178 –

Subtract: Fixed amount

T Calculate 1.25% of T (or 0.574% if you were born in 1946 or before) Enter no more than € 78 (or € 36 if you were born in 1946 or before) –

Subtract Employed person's tax credit Please note! If the employed person’s tax credit calculated here is less than the employed person's tax credit mentioned in your annual income statement, enter the amount mentioned in your annual income statement in the Calculation tool for tax credits. However, you will receive no more than the amount corresponding to your year of birth and income.

81

Calculation tool for the deferred pension bonus

Tables for the deferred pension bonus

If Q is € 9,295 or lower, you are not entitled to the deferred pension bonus. In that case, you need not complete the Calculation tool for the deferred pension bonus any further If Q is more than € 57,166, you are entitled to the maximum deferred pension bonus corresponding to your year of birth. See the adjoining Table for the deferred pension bonus. Enter the amount of the table in the Calculation tool for tax credits. In that case, you need not complete the Calculation tool for the deferred pension bonus any further

Born in Deferred pension bonus 1950 € 719 1949 € 2.873 1948 € 4.070 1946 or 1947 € 958 1945 or before € 479 Enter in the Calculation tool for tax credits

If Q is more than € 9,295 but no more than € 57,166, continue below

Reproduce from Q from the Calculation tool for income from work, but enter no more than € 57,166 in

9.295 –

Subtract: Fixed amount

V



You calculate the amount of the deferred pension bonus with the percentage corresponding to your year of birth. Enter the outcome in the Calculation tool for tax credits: born in 1950: Calculate 1.5% of V born in 1949: Calculate 6% of V born in 1948: Calculate 8.5% of V born in 1946 or 1947: Calculate 2% of V born in 1945 or before: Calculate 1% of V

Calculation tool for the single-parent tax credit Fixed amount Enter € 947 (or € 435 if you are 65 years of age or older) Income from work  Reproduce Q from the Calculation tool for income from work Calculate 4.3% of Z (or 1,98% if you are 65 years of age or older) Do not enter more than € 1,319 (or € 606 if you are 65 years of age or older) 

Z 4,3% (or 1,98%) x

   +

Add Single-parent tax credit Enter in Calculation tool for tax credits

82

AMOUNT TO BE PAID OR TO BE REFUNDED: STEP 3 Below you can calculate if you need to pay or will receive a refund on your income tax.

Income tax payable if you opted for resident taxpayer status H

Income tax in box 1 Reproduce from H on page 79 P

Total tax credits Reproduce from P on page 80

5,9% (or 12.8) x

S

Tax component of the tax credit Multiply: P by 5.9% (or 12.8% for persons aged 65 or older) Income tax in box 1 Reproduce from H on page 79

H

Total income tax Reproduce from N on page 79

N

: T

Divide: H by N

x

Multiply: S by T

U

Subtract: H minus U. If the outcome is negative, enter 0

V

Income in box 1 Reproduce from A on page 1

W

Your public transport commuting allowance and deduction due to little or no home acquisition debt Reproduce from questions 19c and 23t Your ‘denominator income’ in box 1 to calculate the relief Subtract: W minus X

X





Y

Income in box 1 on which no income tax may be levied in the Netherlands Reproduce the total from question 55a, but only if the amount is more than 0. Otherwise, enter 0 in AA Reproduce from V on this page

V

x

Multiply by V

Z



Reproduce from Y on this page

Y



:

Relief in box 1 due to the option for resident taxpayer status Divide: Z by Y

AA

Subtract: V minus AA Income tax payable in box 1

BB



K

Income tax in box 2 Reproduce from K on page 79 S

Tax component of the tax credit Reproduce from S on this page Income tax in box 2 Reproduce from K on page 79

K

Total income tax Reproduce from N on page 79

N

:



CC

Divide K by N

x DD

Multiply S by CC



EE

Subtract: K minus DD If the outcome is negative, enter 0 Income in box 2 on which no income tax may be levied in the Netherlands Reproduce the total from question 55b, but only if the amount is more than 0. Otherwise, enter 0 in HH Reproduce from EE on this page

EE

Multiply by EE

FF GG

Gains from a substantial interest Reproduce from G on page 1 Relief in box 2 due to the option for resident taxpayer status Divide FF by GG

x

: HH



II

Subtract: EE minus HH Income tax payable in box 2

83

M

Income tax in box 3 Reproduce from M on page 79 S

Tax component of the tax credit Reproduce from S on page 83 Income tax in box 3 Reproduce from M on page 79

M

Total income tax Reproduce from N on page 79

N

: JJ

Divide M by N

x

Multiply S by JJ

KK

Subtract: M minus KK. If the outcome is negative, enter 0

LL



Capital yield tax base on which no tax may be levied in the Netherlands Calculate the average

of the total value of the assets you entered in questions 55c and 55d

LL

Reproduce from LL on this page

x

MM

Multiply by LL

NN

Total capital yield tax base Reproduce from question 33c

:

Relief due to the option for resident taxpayer status Divide MM by NN

OO

Subtract: LL minus OO Income tax payable in box 3

PP



Income tax payable in box 1 Reproduce from BB on page 83 Income tax payable in box 2 Reproduce from II on page 83 Income tax payable in box 3 Reproduce from PP on this page + QQ

Add: BB plus II plus PP Income tax payable Continue with the national insurance contributions owed on page 85

84

Income tax payable if you did not opt for resident taxpayer status N

Total income tax Reproduce from N on page 79 P

Total tax credits Reproduce from P on page 80

5,9% (or 12.8%) x

S

Please note! If, in 2012, you did not live in Belgium, Suriname, Aruba, Curacao or Sint Maarten or, as a German resident, were not subject to the 90% facility, you are not entitled to the tax component of the tax credits. In that case, enter 0. Tax component of the tax credit Multiply P by 5.9% (or 12.8% for persons aged 65 or older) If, in 2012, you were living in Belgium, Suriname, Aruba, Curacao or Sint Maarten or, as a German resident, were subject to the 90% facility, you are entitled to the tax component of a limited number of tax credits.



QQ

Subtract: N minus S Income tax payable

National insurance contributions owed Your contribution base Reproduce from F on page 1 of the explanation, but if you completed question 54, reproduce the amount from question 60c. Enter no more than € 33,863 (or € 34,055 if you were born before 1 January 1946) Your national insurance contributions Multiply: RR by 31.15% (or 13.25% for persons aged 65 or older) Total tax credits Reproduce from P on page 80

RR 31,15% (or 13.25%) x

National insurance component of your tax credits Multiply P by 94.1% (or 87.2% for persons aged 65 or older) Subtract: SS minus TT National insurance contributions owed

SS P 94,1% (or 87.2%) x

TT





UU

Tax and contributions already paid Wage tax and national insurance contributions withheld Reproduce from questions 15a, 16a, 16b, 20d and 60d Withheld dividend tax and tax on games of chance Reproduce from question 52a Paid by means of the provisional assessment for income tax and national insurance contributions for 2012 + VV

Add Total tax and contributions already paid

Payment or refund? Income tax payable Reproduce from QQ. If QQ is negative, enter 0 National insurance contributions owed Reproduce from UU Refunded by means of the provisional assessment for income tax and national insurance contributions for 2012 +

Add Total tax and contributions already paid Reproduce from VV – WW

Subtract Amount to be paid or to be refunded If WW is positive, you usually have to pay. If WW is negative, we usually refund this amount to you. You will receive a message about this.

85

Calculation tool to calculate the income-related healthcare insurance contribution Wage for the Healthcare Insurance Act from which the employer or benefits agency withheld the income-related contribution

Please note! Reproduce from question 62b. In case of several annual income or benefits statements, state the total amount of the wage for the Healthcare Insurance Act

A

Total wage from which the employer or benefits agency withheld the income-related contribution

Income from which no income-related contribution was withheld Taxable profits from business activities Reproduce the total amount from question 14b. If you did not opt for resident taxpayer status, reproduce the total amount from question 58a Maintenance started after 31 December 2005 Foreign pension and benefits Reproduce the total amount from question 18a. If you did not opt for resident taxpayer status, reproduce the total amount from question 58e Income from other work Reproduce the amount from question 20c. If you did not opt for resident taxpayer status, reproduce the total amount from question 58f Regular payments not subject to wage tax and national insurance contributions Reproduce the amount from question 25e. If you did not opt for resident taxpayer status, reproduce the total amount from question 58h Income from foreign employment from which the employer has not withheld any income-related healthcare insurance contribution Reproduce the amount from question 17a + Add Contribution income for the assessment for the income-related healthcare insurance contribution

B

If B is € 0 or negative, you will not receive an assessment for the income-related healthcare insurance contribution In that case, a provisional assessment for the Healthcare Insurance Act will be returned or settled. You need not complete the calculation tool any further.

Calculating the income-related contribution 50.064

Maximum amount on which the contribution is payable Wage from which the employer or benefits agency withheld the income-related contribution Reproduce from A Subtract

– C



If C is € 0 or negative, you will not receive an assessment for the income-related healthcare insurance contribution. In that case, a provisional assessment for the income-related healthcare insurance contribution will be refunded or settled. You need not complete the calculation tool any further.

Amount of the assessment If C is higher than or equal to B, enter 5% of B here If C is lower than B, enter 5% of C Paid provisional assessment for the income-related healthcare insurance contribution for 2012

D

Subtract: D minus E Amount to be paid or to be refunded

F

If F is positive, you usually have to pay. If F is negative, we usually refund this amount to you. You will receive a message about this.

86

E





IB 316 - 1T21FD ENG

Suggest Documents