News item | 25-04-2025 | 15:45
The government is taking measures to prevent a tax being paid on the payment of an annuity, which will avoid tax. For example, by starting to pay the annuity after the final legal starting date. The measures must also pay tax on this. The measures will take effect on January 1, 2026 and with retroactive effect from 25 April 2025.
With an annuity, extra income can be built up for later in addition to an AOW and Pension. The premium is always invested in the construction phase, which can be deducted from the income tax. From an agreed time, the annuity is paid in installments, which tax must be paid on. Conditions have been set for the structure and payment. For example, the full amount cannot be included in one go and the first payment must be made for the final statutory effective date.
Take
If the annuity does not meet these conditions, the annuity can no longer be involved in taxation. No tax is paid on the payment of the annuity, while premiums have been deducted in the construction phase. With the measures from the Fiscal Collection Act 2026, annuity is always involved in taxation, even if it no longer meets the conditions. This prevents the avoidance of tax.
Retroactive power
The bill was submitted to the House of Representatives today and must enter into force on January 1, 2026. To prevent the annuity from being admitted tax -free between now and 1 January 2026, the measures will take effect retroactively. Tax must always be paid on payouts made after 25 April 2025.