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Is the annuity deductible?
What amount is deductible?
The annuity is deductible for an amount equal to the annual margin or reserve margin. You have an annual margin if you did not save enough for your retirement this year and you have a reserve margin if you did not save enough for your retirement in the past seven years. The Belastingdienst designed a useful tool for calculating the deductible amount.
We are happy to help you!
The TaxSavers is happy to help you get the most out of the deductible items with your annual tax return or provisional assessment. A provisional assessment ensures that you receive a monthly refund from the tax authorities.
Do you have questions regarding the annuity deduction or other tax-related matters? Fill in our contact form or give us a call/WhatsApp us on +31 (0)20 – 2170120.