Wednesday, November 19, 2014 - 10:30
Holiday cash: 12 pct. drop possible
The people who get an additional tax for 2014, will also get less holiday money due to the same government measure. For people with middle incomes, this can amount to up to 12.23 percent, according to calculations by salary processor Salar. It was recently announced that 5 to 6 million Dutch people will receive an additional tax that they have to pay next year. The additional tax is due to the government's decision to make the general deduction and employment deduction income dependent. Salar has calculated that people with a gross income of between 4,000 and 4,250 euro per month will receive 12.23 percent less holiday money. This is a net amount around 250 euro. Those who earn between 1,750 and 3,750 euro gross per month, will receive 4.17 percent less holiday money. And the group of 4,750 to 7,000 euro, 9 percent. According to Minister Kamp, you should not only look at the holiday money, but at the entire income. According to him, those who get a gross salary of about 4,000 per month, will get 300 euro more per year. "On balance there are more income for these people."