The Dutch government’s 2013 tax plan has been adopted by The Dutch Second Chamber, of fiscal measures including plans to introduce a so-called “lessors’ tax” in 2013; to increase the insurance premium tax; and to introduce new rules applicable to the deduction of mortgage interest.
From 2013 a tax of 0.014% will be introduced on the value of the property rented out in the regulated sector. The tax will apply to landlords with ten or more rental homes and is to rise to 0.231% in 2014. The tax plan extends to 36 months the period within which property sellers may benefit from the 2% reduced rate of property transfer tax.
In addition, the insurance premium tax rate is to rise from 9.7% currently to 21%, and remuneration paid to insurance intermediaries will in future no longer be tax-deductible.
The government is no longer intending to introduce the new form of savings tax relief, or “vitality savings plan”.
