Netherlands: Direct and indirect tax measures in general coalition agreement
Insight into the main features of the tax plans of the new coalition government
The four coalition parties on 15 May 2024 published their general agreement and budgetary appendix that provides insight into the main features of the tax plans of the new coalition government.
Main features of the tax plan include measures relating to:
- Corporate income tax and dividend tax
- Payroll tax and personal income tax
- Environmental taxes
- Value added tax (VAT)
- Tax on games of chance
KPMG observation
The general coalition agreement contains many specific, but also less specific tax measures. The variety of plans means that almost everyone will be affected. Attention has been paid to the (tax) business climate and the environment, which will improve doing business in the Netherlands. It seems that, from now on, a new government will not implement EU rules any stricter than necessary. With regard to housing, there are a lot of plans, but the tax rules have been left untouched. The cultural sector needs to prepare itself for higher VAT rates.
In the long term, the allowances and tax system will be reformed. The general coalition agreement does not say anything specific about Box 3, the business succession scheme, the 30% ruling and reducing real estate transfer tax.
Read a May 2024 report prepared by the KPMG member firm in the Netherlands