Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Belastingdienst Amsterdam
Belastingdienst Amsterdam - Credit: BIC / Wikimedia Commons - License: CC-BY-SA
Politics
The Hague
savings tax
Marnix van Rij
belastingdienst
Saturday, 3 September 2022 - 13:50
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Government will not compensate people who objected to savings tax too late

People who paid too much in savings tax in the past, but objected too late or did not object, will not be compensated for the amount they overpaid, RTL Nieuws reports based on sources from The Hague.

The Dutch Supreme Court ruled in 2021 that government had claimed too much tax on citizens' savings, starting from when it changed the method used for calculating assets tax in 2017. As a result, it was announced in April 2022 that around 60,000 people who had lodged objections to the overtaxation would be compensated a total of 2.8 billion euros.

At the time, the government was still looking into options to compensate people who had been overtaxed but had not filed objections or had filed them too late. The Supreme Court ruled earlier in the year that they were not entitled to compensation. Now, lawmakers say the 7 billion euros required to compensate everyone who paid too much tax is not in the government's budget.

"The Cabinet is faced with difficult choices. We can only spend the money once," State Secretary for Finance Marnix van Rij said.

The budget is currently prioritizing lower-income people and the help they will need to get through winter, according to RTL Nieuws. Of the four coalition parties, none has looked into compensating the overtaxed savers while creating the budget.

"Although of course it remains bitter that good savers who have not objected are now missing out on compensation," Van Rij said. "It is not legally required. Yet I also understand the people who indicate that they feel offended in their sense of justice."

Follow us:

Latest stories

  • LEGO and robot toys top children's wish lists for Sinterklaas and Christmas this year
  • The Netherlands pledges €15 million to the new climate damage fund at COP28 in Dubai
  • Study shows consumer fireworks storage is far more dangerous than previously thought
  • Northern Lights may again be visible in the Netherlands tonight
  • Over 6,000 women demand compensation for faulty breast implants in Amsterdam court
  • Suspect arrested in 33-year-old cold case of Rotterdam store murder

Top stories

  • Cop convicted of attempted manslaughter for shooting at teen in tractor protest; No jail time
  • Final election results confirm PVV’s big win; D66 missed out on 10th seat by 160 votes
  • Vaccination rate among Zeeland kids drops below 75%; GGD worried
  • High speed line remains a major headache for NS and ProRail
  • Many PVV voters disagree with anti-Islam rhetoric, Nexit
  • Sexual harassment, power abuse, bullying common in Dutch hospitals

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content