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Some 850,000 people pay income tax top rate

September 14, 2015

tax envelopeSome 850,000 people in the Netherlands had an income which took them into the top tax band of 52% last year, the national statistics office CBS said on Monday.

This means they had to pay tax of 52% on earnings above €56,531 a year.

Almost half of all Dutch adults’ income was below €19,646, so they were taxed at a rate of 32.65%, the CBS said. The middle tax band is currently 42%

Of the 13.1 million Dutch residents with an official income, 7.7 million were in work. The rest were living on pensions or social security benefits.

The government is expected to announce a cut in income tax rates during tomorrow’s budget.

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