News item | 13-12-2024 | 7:00 PM
In June this year, the Supreme Court ruled that the legal remedy offered in box 3 is insufficient. This requires additional repair work, which makes the introduction of a new box 3 system as of 2027 impossible. This postponement also has budgetary consequences. To accommodate this, in the current box 3 system, the lump sum for other assets will be increased and the tax-free allowance will be reduced as of 2026.
The Supreme Court’s ruling on the offered legal remedy in June of this year has both financial consequences and consequences for implementation. Recently, it has therefore first been investigated whether a system based on actual returns can be introduced by 2027. For example, it has been examined whether it is possible to introduce the new box 3 system in steps. The exploration has shown that such an intermediate variant is complex for both taxpayers and the Tax Authorities. The Council of State has also expressed a number of objections in the recently published advice on the new system. This advice is currently being studied and possible options are being weighed. A system based on actual returns is still the starting point for this government. The aim is to introduce a new system by 2028.
The government’s preference is to provide clarity to taxpayers, so that they are not alternately confronted with different forms of a box 3 tax. It has therefore been decided to maintain the current system with a counter-evidence scheme for at least one year longer, i.e. until 2027.
The postponement of the new system without adjustments to the current system does mean an additional loss of approximately 2.5 billion euros in 2027. The starting point for the cabinet is to absorb this as much as possible within box 3. This is what the cabinet wants for the time being by increasing the lump sum for other assets by 1.78% in the current system as of 2026 and reducing the tax-free allowance to €52,048. Because the possibility of proof to the contrary remains, taxpayers whose actual return is lower than the fixed return can continue to use the actual return statement form in 2027.