Get ready for the tax season 2023

Starting the 1st of March 2023, you can file your income tax return 2022 in the Netherlands. If you received an invitation from the Dutch tax authorities (Belastingdienst), most likely, your income tax return is due by the 1st of May 2023. If you did not receive an invitation to file your tax return, it is still wise to do so! Maybe you will receive a tax refund… In this article, TaxSavers will provide you with some information and tips & tricks for your 2022 tax return.

Help with your tax return 2022

Sometimes, it may come in handy to have some help with your tax return. For example, if you recently moved to the Netherlands, bought a house, got married, or if something else changed in your situation. Our partner, TaxSavers, is available at short notice to help you with your tax matters. You can call them at +31 20 2170 120, send a WhatsApp message, or fill in their contact form.

Completing your first tax return (M-form)

If you moved to the Netherlands in 2022, you have to file the migration tax return (M-form). The due date of this M-form is not the same as the regular one. Most likely, this deadline is the 1st of July, but this could differ. And often, if you work in paid employment, the M-form results in a tax refund. A good way to start your period in the Netherlands!

Filing the tax return with the 30% ruling

A lot of highly skilled migrants in the Netherlands benefit from the 30% ruling. The biggest benefit of the 30% ruling is the tax exemption on your income. However, lots don’t know that you are exempt from tax on your savings and investments (box 3).

Tips for your income tax return 2022

If you did not receive an invitation to file your income tax return for 2022, we still recommend doing so. The Dutch tax authorities do not have all information about you. We will give you a few tips for your income tax return 2022.

You made deductible expenses. The authorities do not have this information about you. So, did you pay health expenses, donations to a charity or other deductible costs? You might have some tax to claim back! Make sure that you keep track of the receipts, the tax authorities might ask for proof.
Fiscal partners? File a joint tax return. One of the benefits of being fiscal partners is that you can allocate your assets and deductible expenses most optimally. For example, you have assets that amount to € 80,000 and your partner € 10,000. If you do your tax return separately, you have a tax-free allowance of € 50,650 per person. However, if you file a joint tax return, you have a tax-free allowance of € 101,300 in total. This will save you wealth tax in the Netherlands.

Did you buy a house in the Netherlands? Make sure to make the most out of the tax benefit. In the year you bought the house, you may deduct the financing costs from your taxable income as well as the mortgage interest. This makes the outcome of the tax return a lot more fun! Are you planning to buy a house and want to receive the tax refund in instalments? You can apply for a provisional assessment.

Happy to help

This article is provided by our partner TaxSavers. Would you like to receive more tips and tricks for your tax return in the Netherlands? Or could you use some help? TaxSavers is happy to help!

Want to learn more about taxes in the Netherlands?  Please click here.