News item | 19-05-2025 | 15:16
On 19 May, State Secretary Tjebbe van Oostenbruggen offered the Act Truly return Box 3 to the Lower House. With this bill, taxpayers only pay tax on what they have actually earned with their assets in box 3. The aim is to introduce the new system January 1, 2028.
State Secretary van Oostenbruggen: “We want to leave the current system with the fixed as possible as quickly as possible. With the submission of the bill, we have reached a new milestone and we are on course to introduce the new system by 2028. With this proposal we have found a balance between the widely supported desire, the feature of truly returns, the output, the efficiency, instrainment, the actually return,« “
Really return
With the new system, the actual return in box 3 is taxed, which means that taxpayers pay tax on what they have actually earned with their assets. As a result, a saver with a low efficiency pays less tax than an investor with a high efficiency. The cabinet thinks that is fair. For calculating the actual return, more data is required compared to the current system. We want to limit the administrative burden as much as possible. For 2.5 million taxpayers, the tax return is filled in as much as possible with data from Dutch financial institutions.
The return on which tax is paid consists of the direct return and the indirect return. The direct return includes interest, rent and dividend with deduction of costs. The indirect return consists of the positive or negative value development of, for example, shares or real estate. The value development is in principle taxed annually with a wax tax. Only the value development of immovable property and shares in startups is only taxed when selling with a power gain tax. In addition, a new definition for startups is being used, which better fits in with the atypical aspects of this type of companies.
If there is a loss, the losses may be settled with box 3 income from future years. The owner -occupied home (the main residence) remains in box 1. That does not change due to this proposal.
The advice of the Council of State was also taken into account when making the bill. A number of alternative options have also been presented in this advice. Subsequently, the advice, the suggested alternatives and all choices made were again assessed. A system based on actual returns, with a combination of wax and power gain tax remains the best option. All alternative options do not score better on feasibility, doing power, complexity, legal sustainability and budgetary consequences compared to the system that has been submitted today.
Follow-up
The intended implementation date of the new system is January 1, 2028. To achieve this, the bill must have been adopted by the House of Representatives by 15 March 2026 at the latest. This is necessary to give banks and insurers sufficient time to adjust their software for the new system. The new definition for startups is incorporated into the proposal via a letter of amendment.