Savers who have paid too much tax on their assets, but who have not objected, cannot count on full compensation from the government. This is apparent from answers from State Secretary Marnix van Rij, just in the House of Representatives.
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Because the Supreme Court canceled the so-called savings tax in December, the cabinet had to compensate savers who had paid too much tax. The high Council judged friday However, the tax authorities cannot be obliged by a court to also reimburse savers who have not objected to the savings tax in time.
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Van Rij therefore said that he does not consider the chance that all savers will get their money back. He is still thinking about a ‘compensation’, but full compensation costs 4 billion euros and would also end up with millionaires. “Even those who can manage it,” says Van Rij. Around the summer, he will come back to who the cabinet wants to reimburse and how much money will be involved.
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High Council
The highest court ruled in December that the way in which the so-called capital yield tax is levied is not acceptable. Savers paid tax on fictitious returns that they had never achieved. But that ruling only applies to people who submitted their complaint in time. If you do not comply with this, then according to the Supreme Court there is also no right to what is called ‘official reduction’ at the tax authorities. A request to that effect could have offered a solution, but there are special conditions attached to it. And this is not met because someone’s attack in such a case has already been irrevocably established before the Supreme Court reached its conclusions at the end of last year.
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State Secretary Marnix van Rij (Finance) was already working on compensation. About 60,000 savers who objected to the tax for the tax years 2017 to 2020 will receive an automatic refund before August 4. But for people who did not object in time and whose assessment has already been determined, no recovery scheme has yet been set up. The cabinet first wanted to wait for these new rulings from the Supreme Court, because the compensations involve billions of euros in any case.
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