News item | 17-09-2024 | 15:30
Read the summary of the 2025 Budget Memorandum and the 2025 Tax Plan in simple language.
Every year the government draws up a budget. This budget states how much money the government spends and on what things. And how much money the government receives in taxes and premiums.
In 2025, the government will help people who work hard and still have difficulty paying their bills. People will pay less tax on their salaries.
The government is taking measures to help those people who live in poverty. This way the number of poor people does not increase.
The government also wants to make the Netherlands safer. That is why extra money is going to the army and the police.
What is the government doing?
- People who work for a boss, receive an AOW or a benefit, will pay less tax. They will have more money left.
- People with debts receive help.
- Free school meals for children will continue.
- The rent allowance and child-related budget will increase.
- 100,000 new homes are being built each year.
- Less money goes to people in poor countries.
- Fewer migrants are being admitted to the Netherlands.
A safe Netherlands for everyone
The wars in Ukraine and the Middle East have many people worried. The government wants everyone to feel safe. That is why extra money is going to the army. And to the police and the surveillance of the Dutch border.
National debt
Every country has debts: the national debt. The national debt of the Netherlands does not cause a financial problem. Compared to other countries, the national debt of the Netherlands is low.
The government does expect the debt to increase in the coming years. That is why they are keeping a close eye on the finances. And the government wants to spend less money. To keep the household budget healthy for the whole of the Netherlands. Also in the future.
Tax plan 2025
The government also wants to adjust taxes. So that the government gets enough money to implement all plans. And the national debt does not become too high. Or to make the rules easier.
The plans for taxes are in the Tax Plan 2025. The plans are not yet final. For example, what the government wants:
- It will be easier to file taxes if someone is ill or disabled. And incurs expenses, for example, to travel to the hospital.
- The tax for sleeping in a hotel or holiday home, for example, will increase. And also the tax for museums, music, theatre, books and sports. This could make entrance tickets and books more expensive.
- Some rules for companies will change. Because the Netherlands must remain attractive for companies. And for foreign employees. That is good for the economy in the Netherlands.
- The tax on gambling is going up. You will also pay more tax if you win money in a lottery.
The Lower House still has to approve the plans from the Budget Memorandum and the Tax Plan. That will happen this autumn. Only then will we know whether everything will actually go ahead.
