What will change in 2023?here is what you need to know

Many rules and regulations will change next year, many of which will affect purchasing power. Here’s what you need to know.

health care

• Health insurance will be more expensive, with premiums increasing by an average of about €10, while the own risk factor remains at €385. You can change your health insurance company by December 31st.
• I am no longer eligible for the 5% discount on health insurance because I am a member of certain clubs and organizations.
• If your income is low, you can receive increased medical benefits of up to €412 per year.
• Vitamin D pills will no longer be covered by basic health insurance, but birth control pills will be back.
• Additional treatment for those still suffering from the effects of the coronavirus will be included in the basic healthcare package until August 1st.

work and income

• The tax-free telecommuting allowance will be increased to EUR 2.13 per day. This is a voluntary benefit and your employer does not have to pay for it.
• The low tax rate will be reduced from 37.07% to 36.93% and the ceiling will be increased from €69,398 to €73,031.
• The tax rate on earnings above this limit remains at 49.50%.
• The freelancer allowance will be reduced from €6,310 to €5,033 in 2023.
• Savings up to €57,000 for one person and up to €114,000 for couples are tax-free.
• The maximum payout for losing your job is €89,000.

travel

• Tax cuts on petrol and diesel will remain in effect until July 1, unless the government decides otherwise.
• The low tax rate of 16% on company electric vehicles only applies to vehicles with a catalog value of up to €30,000.
• Beyond that, you pay 22% of the standard.
• Tax-free travel costs will increase from 19 cents to 21 cents per kilometer. It will increase again to 24 cents in 2024.
• Air ticket taxes will increase from €7.95 to €26.43 per passenger using Dutch airports.
• Train tickets have also increased by an average of 1.8% since January.

environment

• The government has introduced energy price caps for up to 1200 cubic meters of gas and 2900 kWh of electricity per year.
• At the same time, the reduced energy VAT rate in 2022 will return from 9% to 21%.
• VAT on solar panels will be abolished.
• All offices must have at least a C energy label to rent out on new contracts.

housing

• The maximum tax relief for mortgage interest will be reduced to 36.93% and the home ownership tax, eigenwoningforfait, will be reduced from 0.45% to 0.35%.
• Parents will no longer be able to give their children tax-free gifts of €100,000 to help them buy a home.
• The maximum rent increase for rental properties will be pegged at the average wage increase in 2022 (3.1%) minus 0.5% in the social housing sector and +1% in the non-rent management sector.

minimum wage and benefits

• The minimum wage will increase by 10.15% to €1934.40 per month, excluding holiday pay.
• Pensions will likewise rise to €1,330.67 for singles and €1,807.20 for married couples. This includes holiday pay.
• Basic benefits will be increased to €1195.66 for singles and €1708.08 for couples.
• Child support increases by a maximum of €36 per month for the first child and €44 per month for the third child.
• Universal childcare benefits increase quarterly between €21 and €36.
• Organized child care has become more expensive, with the government increasing maximum subsidies to €9.06 per hour for day care, €7.79 for after school care and €6.80 for childminders. These benefits are also means tested.
• Having children in your family up to the age of 27 will no longer affect your parent’s benefits.

other

• All moped users must wear helmets
• Selling laughing gas as a recreational drug will be illegal
• Prices for specialty beers and soft drinks will increase by the equivalent of 10 cents per liter.
• Cigarette prices will increase in April to around €10 for a pack of 20 in 2024.

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