On 20 September 2022, the Dutch Budget for 2023 was presented with the tax plan for 2023. The key tax measures of the tax plan for 2023 are following:
- Increasing in the lower corporate income tax rate from 15% to 19% and the 25.8% headline CIT rate will start applying to taxable profits above €200,000 (previously €395,000) as of 1 January 2023;
- Reduction in the basic rate of individual income tax from 37.07% to 36.93% on income up to EUR 73,031 in 2023;
- An increase in the tax rate on individual Box 3 income by 1% per year from 31% to 32% in 2023, 33% in 2024, and 34% in 2025;
- An increase in the tax-free allowance from EUR 50,650 to EUR 57,000;
- The introduction of Box 3 income from 2026 based on actual returns;
- Introduced a two-rate system for individual Box 2 income from 2024, including a base rate of 24.5% on income up to EUR 67,000 and a rate of 31.0% on the excess, which will replace the current single rate of 26.9%;
- An increase in the property transfer tax rate from 8% to 10.4% as of 2023;
- A reduction in the energy tax for natural gas and electricity and a temporary higher energy tax deduction for 2023; and
- The extension of the reduced excise rates on unleaded petrol, diesel, and LPG until 30 June 2023.
