Explanatory Notes 2017

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Explanatory Notes 2017 Language: English 2017 | Explanatory Notes 2017 C This explanation is also available in English on the internet. Look at belastingdienst.nl. Diese Anleitung steht im Internet auch in deutscher Sprache zur Verfügung. Siehe hierzu belastingdienst.nl. Were you living abroad and did you have income from the Netherlands or, for example, a second home in the Netherlands? By means of your C income tax return, we will determine whether you need to pay tax or will receive a tax refund. Online tax return in the 'Mijn Belastingdienst' section You use your DigiD to log into the 'Mijn Belast- ingdienst' section. You can find more information on page 6. Overview of income and deductible items OVERVIEW OF INCOME AND DEDUCTIBLE ITEMS You can use this overview to enter the income and deductible items from your tax return. This gives you an overview of your taxable incomes in the 3 boxes. Please note! Are you not a qualifying non-resident taxpayer in 2017? And do you want to use this overview to calculate your threshold income or aggregate income? In that case, you should also take your non-Dutch income for the whole of 2017 into account. See the explanatory notes on page 2. If you use this calculation tool for question 47b (tax partner's aggregate income), you fill in your tax partner's Dutch income, unless your tax partner lived in the Netherlands. His income outside the Netherlands is then included as well. TaxableTaxable profits profitsfrom business from activities: question 19b Public transport commuting Wagebusiness and sickness activities benefits: question 4a question 19b allowance question 6c Tips and other income: question 4c PensionWage and andbenefits: sickness questions benefits5a and 5b question 4a Deduction due to little or no home acquisition debt question 35z Results from other work: question 7c Tips and other income question 4c Results from providing assets: question 8d Expenses for income provisions question 33f + RegularPension payments and and benefits related lump sum payments:questions question 5a 20eand 5b B Other income: question 21a Add. Deductible items NegativeResults personal from allowance: other question work 22a question 7c Negative expenses for income provisions: question 23c Spousal maintenance paid and Results from providing other maintenance obligations question 37a Add.assets question 8d Balance of income from and deductible items for the owner-occupied home: question 35w Temporary stay at home of seriously disabled Regular payments and Add, but if the balance for the owner-occupied home is negative, subtract. Income in box 1 persons aged 21 or older question 38a related lump sum payments question 20e Public transport commuting allowance: question 6c Specific medical expenses question 39a DeductionOther due income to little or no home acquisition debt: questionquestion 35z 21a Expenses for income provisions: question 33f Study costs and other Add.Negative Deductible itemspersonal allowance question 22a educational expenses question 40a SpousalNegative maintenance expenses paid and forother maintenance obligations: question 37a Donations question 41a Temporaryincome stay provisions at home of seriously disabled persons questionaged 21 or older: 23c question 38a + Specific medical expenses: question 39a Waived venture capital loans question 42a Add. Study costs and other educational expenses: question 40a Donations: question 41a Maintenance expenses for a Balance of income from and deductible items nationally listed building question 43a Waivedfor venturethe owner-occupied capital loans: question home 42a question 35w + /- Maintenance expenses for a nationally listed building: question 43a Remainder of the personal Add, but if the balance for the A Remainder of the personal allowance for previous years: question 44a allowance for previous years question 44a owner-occupied home is negative, subtract. + Add. Personal deductible items Income in box 1 C Total income Reproduce from A. Add. Personal deductible items Deductible items Reproduce from B. Exempt income question 25a Total income Reproduce from A. Add. Deductible items Reproduce from B. Subtract. Personal deductible items Exempt income question 25a + Reproduce from C. Subtract. Income from work and home Add. – Offsettable losses Subtract. D Subtract. Taxable income from work and home Personal deductible items Reproduce from C. – Subtract. Income from work and home E Offsettable losses – Gains fromGains a substantial from ainterest: substantial question 24h/i F G Subtract. Taxable income from work Exempt interestincome: question 25b question 24h/i and home Subtract. Exempt income question 25b Personal allowance insofar it has not been deducted in box 1 and box 3 – Subtract.Subtract. Income from a substantial interest Gains from savings and investments: question 28g Offsettable losses Personal allowance insofar it has not been deducted in box 1 Personal allowance insofar it has Subtract. Taxable income from a substantial interest GainsSubtract. from Taxable savings income and from savings and investments not been deducted in box 1 and box 3 investments question 28g J – H Subtract. Income from a substantial interest Personal allowance insofar it has not been deducted in box 1 Offsettable losses – – Subtract. Taxable income from savings K Subtract. Taxable income from a I and investments substantial interest 1 Overview of income and deductible items In the Overview of income and deductible items on page 1, you can Calculating what you need to pay or how much will be enter the income and deductible items from your tax return. This gives refunded you an overview of your taxable incomes in the 3 boxes. You can later You calculate the amount of the assessment using the Overview compare this information with the information in your assessment. So of income and deductible items on page 1 and the calculation tool keep the overview in a safe place. Calculating tax on page 89. You can later compare this information with the information in your assessment. More information about filing a tax return and how the tax system works can be found at belastingdienst.nl. Special rules in order to calculate the assessment In a number of situations, special rules apply when calculating the Threshold income assessment. This is the case if, in 2017, you: Did you have any specific medical expenses or did you make – reached state pension age donations? In that case, you must calculate a threshold amount. This (you were born after 30 June 1951, but before 1 April 1952) is the part of the expenses that cannot be deducted. The threshold – were not liable to pay tax in the Netherlands for a certain period amount depends on your threshold income and possibly that of your – were not covered by the national insurance schemes or Healthcare tax partner. Insurance Act for a certain period – were entitled to an exemption from national insurance contributions Your threshold income is the total of your income and deductible and the income-related healthcare insurance contribution, because items in the 3 boxes, but without your personal deductible items and you were registered as a conscientious objector offsettable losses for previous years. – still had an offsettable loss from a substantial interest, while you no longer had the substantial interest The personal deductible items are mentioned separately in the – had income for which you are requesting a reduction of national overview. For each deductible item that is subject to a threshold insurance contributions at question 63b amount, you calculate the deductible amount using the overview and a – had income for which you are requesting a reduction of the calculation tool. income-related healthcare insurance contribution at question 64h Please note! In these cases, you cannot always use the calculation tool in order to Did you live in Belgium and did you have Dutch income in 2017? Or do the calculation. did you live in Suriname or Aruba in 2017? Or are you only liable to pay national insurance contributions? And were you not a qualifying More information about calculating the assessment can be non-resident taxpayer? In that case, you must calculate your threshold found at belastingdienst.nl. income using the overview as if you were a resident taxpayer for the whole of 2017. You must then take your Dutch and your foreign Percentage of national insurance contributions income, deductible items and assets into account. In 2017, were you covered by the national insurance schemes General Old Age Pension Act (AOW), Surviving dependants' Act (Anw) and Aggregate income the Long-Term Care Act (Wlz)? In that case, your total contributions The aggregate income is important for the amount of the elderly due amount to 27.65% of a maximum of € 33,791 in box 1 (income person's tax credit if you reached state pension age. The aggregate from work and home). You therefore pay no more than € 9,343 in income is the total of your income and deductible items in the 3 boxes, contributions. but without your offsettable losses for previous years. At the question about the elderly person's tax credit, you calculate the aggregate Were you born after 30 June 1951, but before 1 April 1952? You no income using the overview and a calculation tool. longer have to pay old-age pension contributions from the month in which you reach state pension age. In that case, your contributions Please note! due amount to 9.75% of no more than € 33,791 for the other national Did you live in Belgium and did you have Dutch income in 2017? Or insurance schemes. You therefore pay no more than € 3,294 in did you live in Suriname or Aruba in 2017? Or are you only liable to contributions. Were you born before 01 January 1946? In that case, pay national insurance contributions? And were you not a qualifying your total contributions due amount to 9.75% of no more than non-resident taxpayer? In that case, you must calculate your aggregate € 34,130. You then pay no more than € 3,327 in contributions.
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