Box 3. Income from assets, savings and investments
Wealth tax Netherlands
Box 3, often referred to as the Dutch wealth tax, is a part of the Dutch tax system that focuses on taxing individuals' instead of their income. This wealth tax applies to savings and investments, including bank deposits, stocks, and secondary properties. Unlike traditional income taxes, the Dutch wealth tax assumes a notional yield on these assets and taxes that fictional return. The wealth tax calculation considers the total value of your taxable assets minus any related debts, applying only to net wealth above a certain threshold. Even if your assets don't generate actual income, you may still be liable for this wealth tax, which is why it's distinct from typical income taxation.
Updates
In 2023, the Dutch Box 3 tax system, which taxes income from savings and investments, underwent significant changes due to the transition to a new calculation method. This shift was driven by a 2021 Supreme Court ruling that found the previous system of presumed returns on assets unfair.
2023 Box 3 Tax Rates
The box 3 income in 2023 is calculated according to the new legislation. This calculation is based on the actual distribution of your assets. Fictional yield percentages are used in the calculation, which are close to the actual yield percentages. Check which percentages these are and how the calculation works.
In 2023, fictional yield percentages are used that are close to the actual yield of your box 3 income. Therefore, two different percentages are used for your assets: one for your bank deposits and another for your investments and other assets. For your debts, a third percentage is used.
| Assets | Average tax rate over total asset value |
|---|---|
| Bank deposits/savings | 0.92 % |
| Investments and other assets | 6.17 % |
| Debts | 2.46 % |
The tax rate for box 3 in 2023 is 32%. No box 3 tax applies if your total Box 3 values below€57,000(or €114,000 combined with your fiscal partner).
2022 Box 3 Tax Rates
No box 3 tax applies if your total Box 3 values below€50,650(or €101,300 combined with your fiscal partner).
Note:30 percent holders and their fiscal partner are exempt from Box 3 taxation.
| Total asset value | Average tax rate over total asset value |
|---|---|
| € 0 –€ 50,649 | 1.82 % |
| € 50,650 –€ 962,349 | 4.37 % |
| € 962,350 and over | 5.53 % |
2021 Box 3 Tax Rates
No box 3 tax applies if your total Box 3 values below€50,000(or €100,000 combined with your fiscal partner).
Note:30 percent holders and their fiscal partner are exempt from Box 3 taxation.
| Total asset value | Average tax rate over total asset value |
|---|---|
| € 0 –€ 50,000 | 1.898 % |
| € 50,000 –€ 950,000 | 4.501 % |
| € 950,000 and over | 5.69 % |
2020 Box 3 Tax Rates
No box 3 tax applies if your total Box 3 values below €30,846(or €61,692 combined with your fiscal partner).Note: 30 percent holders and their fiscal partner are exempt from Box 3 taxation.
| Total asset value | Average tax rate over total asset value |
|---|---|
| € 0 –€ 72,797 | 1,789 % |
| € 72,798 –€ 1,005,572 | 4.185 % |
| € 1,005,573 and over | 5.28 % |
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