Much of the work for which we are engaged has a tax motive. Virtually all other work has tax implications. For this reason, we consider it important to have extensive tax knowledge. Also in the field of income tax insofar as it affects our work.
Within Dutch income tax, we know three boxes:
- Box 1: income tax on income from work and home
Within this box, we advise on mortgage interest deduction. Whether or not to discontinue a business. When investments are no longer taxed in Box 3 but in Box 1. What the consequences are of a loan to your own private limited company and much more. Because of the high rates, it is attractive to make the right choices. - Box 2: income from substantial interest
We are happy to advise on the consequences of transferring a share package to another private limited company or disposing of shares. Proper construction of wills can limit or defer taxation. - Box 3: income from savings and investments
With high investment returns, capital gains tax is not much of an issue but things quickly change if you have no or negative returns. Together, we explore the options for avoiding levy. But we are also happy to advise on how to invest safely in Box 3 without running the risk of suddenly being taxed in Box 1.
When we sit down with you, we also consider the income tax consequences. This can prevent inheritance tax savings being punished with a high income tax assessment or a lucrative deal being less favourable afterwards.
