Questions about the government plans for the 30% ruling? Ask Mark Bastiaans from dutchtaxadvice.nl

Important news!

The government plans about the 30% ruling, and our view on this;

30% ruling plans

On 20 April 2018 a letter was published by government that says that they plan to reduce the maximum term of the 30% ruling from 8 to 5 years. They want to do this both for new ruling applications, but also for existing rulings, without any mention of any transition period. There is no draft of any law yet. It will probably come in late September, with possible adjustments in the months following when the 2019 tax plan goes to parliament.

This means that we know the government plans changing the ruling’s term, but do not know any details yet about how this will work out for existing rulings. If there will indeed be no transition period, it may be that people who already enjoy the benefits for 5 years already, will lose their ruling as per 1 January 2019 just like that. Of course this would have a big impact on these people.

The existing rulings do mention that it can be adjusted if the laws and regulations change. In 2012 the term was reduced from 10 to 8 years, and only for new ruling applicaton or for rulings that were less than five years old. Then the change was not so sudden for people that had rulings. We expect this was for a reason. We feel it is not so sure if indeed the term for existing rulings can or will be changed just like this.

When the draft law goes to parliament, the draft law can still be adjusted. And then, if it would become law, it might be that our courts will decide it is against for example the European Convention on Human Rights. A court may rule against it as the sudden change in the law is not an example of a government respecting the rights that people have and creates legal uncertainty. But it is very unsure how the courts will rule, only time will tell how that will go.

If you are also affected, it would depend on how the law is stipulated how this would work out for you. But yes, yuo should take into account that it is possible that as from 1 January 2019 you will lose your ruling just like that.
 
We think this is very unfair. That is why we encourage you to sign one or both petitions that we know about. Please note they close soon, as the results will also be presented to government soon. So please sign these today!

Petitions from:
ICAP NL: http://icapnl.com/current-survey/

Expats United: https://www.change.org/p/dutch-government-should-not-break-existing-contracts-keep-the-trust-with-expats

How to buy a House event in the Hague this Sunday 27 May!

This Sunday 27 May 2018 between 14:00h. and 17:00h., an event will be held in The Hague for expats that are interested in buying a house. The event will take place in the COMM Museum, Zeestraat 82 in The Hague. There is a free nanny service, so you can bring your children.

As there are also tax implications, we will also be there with a stand! Besides us, you will find other professionals giving you information during this free event as well. You can talk to:

  • a tax advisor (us, dutchtaxadvice.nl);
  • a mortgage specialist (Expat Mortgages);
  • a bank (Rabobank);
  • a notary (Buren notaries);
  • a construction company (Trustan Bouw);
  • A real estate agent (BW Housing).

Pre-registration is required. Register here: http://www.howtobuya.house

Do you also want to save money like a local?

With the next e-mail that we will send you in August/September, we will inform you again about how to save money like a Dutchman. If you do not want this, no problem. Just unsubscribe form our list via the button you find below and we will not bother you again.

Best regards,

Mark Bastiaans

Dutchtaxadvice.nl