Are you eligible for a tax refund in the Netherlands? Find out now
Discover the criteria and process for securing a tax refund in the Netherlands, ensuring you don't miss out on potential savings.
Understanding the Dutch tax system and refund eligibility
The Netherlands operates a comprehensive tax system with various rules for residents and non-residents, which can impact your refund eligibility. For individuals moving to or from the Netherlands, the tax year is split into resident and non-resident parts, affecting how income is taxed. Understanding your residency status and how it relates to tax obligations in the Netherlands is the first step towards determining your eligibility for a refund.
To be eligible for a refund, you must have had Dutch income tax withheld from your salary. The progressive nature of the tax rates and the standard deductions and allowances applied on a monthly basis could mean you've overpaid taxes and are due a refund.
Decoding the M-Form: your key to a tax refund in the Netherlands
The M-form is a critical document for those who have migrated to or from the Netherlands within the tax year. It combines two tax returns into one, accounting for periods of both residency and non-residency. Accurately completing the M-form is essential, as it determines your tax liability and potential refund for the migration year.
This form can be complex due to its dual nature, and expert assistance is often recommended to navigate the intricacies involved. Filing the M-form correctly can help unlock any tax refunds you're entitled to, especially if you've had disproportionate taxes withheld based on full-year assumptions.
Common scenarios leading to a tax refund in the Netherlands
Several scenarios could lead to a tax refund in the Netherlands, such as not residing in the Netherlands for the full tax year, which often results in over-withholding of taxes. Additionally, if you've had significant life changes, like marriage or the birth of a child, or if you've made deductible expenses such as mortgage interest or healthcare costs, these can affect your tax position.
Other scenarios include contributions to a pension scheme or investments in savings accounts that qualify for tax deductions. It's important to review your individual circumstances to determine if these or other situations apply to you and might result in a tax refund.
Find out now!
We offer a free-of-charge QuickScan via which you will discover whether it is beneficial for you to file your income tax return in the first place.
Send us your 2023 annual salary statement (2019, 2020, 2021 and 2022 is also still possible) and tell us when you arrived in the Netherlands.
Hit the button below and upload the documents straight to our secured portal.
Within 4 working days you will receive an e-mail with the amount of your possible refund when filing a tax return. After that you can still decide to use our services.
The QuickScan is free of charge and without any obligations.
If you have any questions, please feel free to reach out to Exterus.