A tax treaty is a bilateral agreement made by two countries to resolve problems involving double taxation of passive and active income. Tax treaties generally set the amount of tax that a country can apply to a taxpayer's income, capital, estate, and wealth, on individuals and corporates. Read article
The new Tax Cut and Jobs Act voted into law by President Donald Trump’s administration Introduced several major changes for tax refund and tax return regarding the J1 Visa Holders working in the USA under the Work & Travel programme. In our previous article you can find any information regarding the new rules to apply for tax refund; here we’ll explain how the new law affects the tax return for nonresident aliens: why it is a legal obligation, who has to file the tax return and how. Read article
Tired to be woken up by that morning alarm buzzing in your ears? Want to change this stinking job you have? Maybe you will change your opinion, maybe you’ll pack your suitcase once you read about these strange jobs around the world! Read article
It’s time to check your tax class in Germany: yes, you can change it and, of course, you can apply for a refund Read article
Zorgtoeslag is an allowance; Algemene heffingskorting is a tax credit. Let’s see what they are for and how to apply! Read article
Austria hosts about more than one million of foreigners working in various sectors. As the economy changes, the job demand differs as well, but still, tourism sector is the most requested area in order to find an easy and seasonal job. Quite a lot, unfortunately, don’t know anything about income tax and tax refund. So what to do if you want to work in Austria and comply with the Austrian regulations? Read article
The Tax Cuts and Jobs Act is a new tax bill voted into law in the United States.Here is how it affects J1 Visa students working and travelling in the USA in 2018. Read article
So you live in Malta, but not just because of the sunny beaches and the astonishing waves? Well, if you are also a worker there, employed or self-employed, we have good news for you! Read article
Nowadays there are many jobs that can be done on cruise ships or cargo ships. You could cover different types of job, ranging from bars to sales, restaurants, entertainment, fitness, and many others. Instead workers on cargo ships are employed in the boarding operations, security, travel, storage and others. Read article
How do family policies change through Europe? Who is entitled to them and for how long? Find out which countries are the best parental leave payers. Here we compare Austria, Germany, the Netherlands, Italy, Iceland, Belgium and Norway in a comprehensive overview of what local rules are and how they differ in our elderly dear Europe. Read article
Lots are moving to Spain for a year or two to work and travel, enjoying the country. But what happens when it’s time for a tax return? Here some helpful tips about Spanish fiscal system! Read article
Most of those who work or study in Norway omit to claim their deductions to the Norwegian tax administration. Keep your eyes on your Selvangivelse form before it is too late! Here are some tips for you, dear expat! Read article
If you were there as a student or with a working holiday visa, hurry up to get your overpaid tax back! New Zealand tax year ended up on the 31st of March. From now until the 7th of July, be ready to apply for your tax refund! Read article
Every employee has already received his PAYE-P60 for 2017. In this document, you will find the summary of your earnings and the tax you paid last year. Unfortunately, many expats forget to claim their allowances before they apply for a tax refund. Find out what allowance you are entitled to and how you can apply for it! Read article
The tax year in the UK is finished on 5th April 2018. Starting from this date, you will receive your P60, a document that resumes your British income. It also lists the amount of tax your employer deducted from your salary for the whole tax year. Read article
In Canada fiscal year ends up at the end of December (01/01-31/12).The deadline for file your tax return, and so your tax refund, is before April 30. Read article
Every year many expats don’t apply for their tax refund as they simply don’t know it is possible! Here we explain how to refund your taxes. Read article
Here you can find easy guidelines about allowances and rights in the Netherlands for those who works there for a limited period or just arrived. Read article
Your tax return and your tax refund may change.
Last year Luxembourg modified fiscal law bringing in many adjustments; primarily rising the ceiling applicable for certain deduction and adding new deductibles. Rules for non-resident married couples were changed as well.
But how may Luxembourg fiscal reform affect your next tax return? What are the relating implications your tax refund claim? Read article
Lots of foreigners work nowadays in the Czech Republic and many of them don’t know that it is possible to get back their overpaid taxes. You may be one of them. Read article
Foreigners that work and pay taxes in Belgium are entitled to a certain allowance, as well as they can be entitled to apply for a tax refund. Read article
For those who work in Germany, every fiscal year ends up with your LBS. Moreover, every employer is legally obliged to issue it to every employee. Read article
Child benefit in Austria is one of the best child allowance in Europe. It can be granted by the State, by the Region and/or by the city you live in. The best thing to do is to find out what are the conditions you must meet to apply. Read article
What is a Sufinummer, a Burgerservicenummer and a DigiD? Those who work in the Netherlands still can have some doubts about them. Here we explain what they are for and how you can apply for them Read article
Dutch people are obliged to contribute through their health national insurance. The same is valid for who lives or works in the Netherlands. Expats from outside or inside the EU, EEA or Switzerland who arrive in the Netherlands must take out Dutch health insurance within four months of receiving their residence permit or registering at their city hall, even if they have an existing foreign policy in their home country. So what kind of allowance is the Zorgtoeslag?
The amount of the Dutch health insurance (zorgverzekering) could be excessive for some (to compare the amount of each health insurance company, you can have a look here). Luckily Dutch government assists every taxpayer with a benefit, the so called Zorgtoeslag, aimed to help people cover health insurance costs through a monthly allowance.
Hence the Zorgtoeslag is an healthcare allowance that you receive every month in advance; this advance is based on an estimate of your annual income that the tax authorities make in the first half of the year. If your actual annual income appears to be lower than the estimate, you will receive an extra healthcare allowance.
Depending on your personal/joint income and assets, you might be eligible to claim the health insurance allowance.
So, the amount of zorgtoeslag you can receive depends on your income: the less you earn, the more the healthcare allowance is! For example, a single payer who earns up to 20,500€ receives 94€ per month, while a couple receives 176€. Things change when you earn 25,500€: the allowance is 38€ for single and 119€ for couples.
The general tax credit (Algemene heffingskorting) is the Dutch deduction on your income tax and national insurance contributions. This means that you pay less tax and National Health Insurance (Premium). Everyone is entitled to the general tax credit. But whether you can make full use of this tax credit depends on your age and whether you have lived in the Netherlands throughout the year.
The Algemene heffingskorting - general tax credit - depends on the level of your income. You will receive less general tax credit if your income rises.
If you reach the AOW (Dutch State Pension) age in 2018, you will have to pay an adjusted tax rate.
Do you have the AOW age throughout the year? Then the amount of the general tax credit and the percentage by which your taxable income is reduced will be lower.
Old Age Pensions Act, AOW, is a basic state pension. As a general rule, everyone who has reached the AOW pension age and lives or has lived in the Netherlands is entitled to an AOW pension.
If you will not reach the AOW age in 2018, here the general tax credit you will have.
Taxable income (including assets)
Up to € 20.142
Up to € 68.507
€ 2,265 - 4,683% x (taxable income - € 20,142)
More than € 68.507
If you don’t have a fiscal partner (toeslagpartner), your gross income may not exceed 28.720 euros per year (2018 guidelines). On the contrary, if you have a fiscal partner, your collective annual income cannot be more than 35.996 euros.
The value of your assets, such as savings and shares, must also not be too high. In 2018 the asset limit is 113.415 euros for individuals and 143.415 euros (total) for partners.
We hope this guide about the Zorgtoeslag and the Algemene dissipated all of your doubts. To calculate how much you can claim and receive from Dutch government is easy, fast and free. You will not automatically receive a benefit the first time you fill your tax return. Be sure to apply for every benefit and tax credit you are allowed for, contact us and calculate for free your tax return!