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Netherlands Individual Income Tax Brackets and Rates for 2016

07 January 2016

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Approved Changes

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Netherlands

The Netherlands's individual income tax brackets and rates for box 1 income (employment income and certain other income) of individuals younger than 65 years and 6 months for 2016 are as follows: up to EUR 19,922 - 36.55% (8.4% rate + 28.15% social security) over EUR 19.922 up to 33,715 - 40.40% (12.25% rate + 28.15% social security) over EUR 33,715 up to 66,421 - 40.40% over EUR 66,421 - 52% For individuals older than 65 years and 6 months, the social security portion of the first and second brackets is reduced to 10.25%. The rates apply from 1 January...