Tax plans of Budget Day 2021

From 1 January 2022, the homeownership regulation will be adjusted. This change applies to partners who buy a house together, and one partner already had his own home before. Or when you buy a house together, but your partner has passed away. The purpose of the changes is to avoid unintended restrictions on interest deductions in these situations.

• Additional credit regulation: it means that if one partner has a home equity reserve, he or she may use the partner’s home acquisition debt space.

Working from home has become normal. For employees, some extra costs are involved (such as gas, water, electricity, food, and drinks). As of 2022, your employer may give you a tax-free ‘working from home’ allowance of a maximum of € 2 per day.

Instead of a salary, employers can offer stock options. Tax must be paid on this because it is a type of wage. Currently, tax is levied when they are converted into shares. The problem is that the shares are not always allowed to be sold at this point. This means that the tax is often too high to pay. From 2022, employees can choose when tax is levied. In principle, this is when the shares are tradable. Do you not have enough savings to pay the tax rate? Then, you have the option to sell the shares.

From 2022, the income-dependent combination tax credit will be reduced. The reason for this modification is to compensate for the extension of parental leave (as of August 2022). The maximum IACK is reduced by € 318.