If you have made any tax-saving investments or are eligible for any exemptions, you need to compute the total benefits. Netherlands Tax Tables may also be referred to as the Netherlands Tax Slabs, the Netherlands personal allowances and tax thresholds or the Netherlands business tax rates. These withholdings include payments for income tax, social security tax and mandatory private healthcare insurance. How are companies in Australia hiring foreign workers? 1 crore and Rs. I live in a rented house - can I get rent benefit? Visit our. Non-resident taxpayers face the same tax rates as that of resident taxpayers. Before paying taxes, you can deduct these investments from your taxable income. . Your organisation is not established in the Netherlands: withhold payroll taxes? Shifting employee priorities has required companies around the world to rethink their recruiting and hiring strategies. To learn more about Belgium, its income tax, and tax brackets, so that you can get a deeper understanding of how your budget and finances may be affected, scroll down to the detail section below! Is the new tax regime optional? Let us take an example to see the difference between the old and new tax regimes. According to the feedback from our users, the average salary for a Last reviewed - 28 December 2022. What is recruitment process outsourcing (RPO)? Basic details such as PAN number, Adhar number, and Address. 35,129.00. In Episode 1 of our Expand or Expire podcast, we explore the challengesand uncover a solution. annum. In some cases, for example, with minor children, the Netherlands provides additional tax incentives to reduce the burden on wage deductions. You'll then get your estimated take home pay, an estimated breakdown of your potential tax liability, and a quick summary down here so you can have a better idea of what to possibly expect when planning your budget. Box 3 income (deemed return on savings and investments) is taxed at a flat rate of 32%. The Dutch have a strong sense of community and belonging paired with a good work-life balance. What may be a surprise to some, is that the minimum wage in the Netherlands actually varies based on your age. Any remuneration paid to cover tour or transfer costs. Transport allowances for disabled people. In the Taxes on personal income section, we explained that, in the Netherlands, personal income is divided into three types of taxable income, which are taxed separately under its own schedule (referred to as 'box 1', 'box 2', and 'box 3'). In other countries with a comparable facility, the tax break is often available for 5 years. Payroll tax consists of: wage tax (wage withholding tax) and national insurance contributions (step 9 Loonbelasting/premie volksverzekeringen berekenen in the Payroll Taxes Handbook, pdf in Dutch) social security contributions. This allows residents some freedom in choice for their healthcare providers but creates additional administrative work for employers. IntheTaxes on personal income section, we explained that, in the Netherlands, personal income is divided into three types of taxable income, which are taxed separately under its own schedule (referred to as box 1, box 2, and box 3). The national yield will then be reduced proportionately over time. The most popular search Local income tax also exists in the form of communal taxes. For residents, the rate varies from 0% to 9% based on the commune, of which there are over 500. Income from .000.00. to. Or your annual salary subject to tax (i.e. International recruitment process can be challenging, and recruiters can make significant mistakes without realizing it. By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement. Tax, legal, financial, and people points to consider for your organisation. Depending on region and jurisdiction, salary bonuses may be treated and taxed differently from standard salary. Review the full instructions for using the Netherlands Salary After Tax Calculators which details the . Personal tax credit (for people with low income) in the Netherlands - 2,477 euros. Certain other reimbursements and benefits in kind also are not taxable, and the employer has an annual budget for tax-free reimbursements (see theDeductions section for further details). Tax tables in the Netherlands are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in the Netherlands, the Netherlands tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in the Netherlands for example). Tax rebate under Section 87A of the Income Tax Act is the final reduction from your tax liability up to Rs 12,500 (i.e. Europeans are pretty mobile between EU member states. The Tax and Customs Administration will inform you when and how to file a tax return. Safeguard Globals blog featured tons of valuable content in 2022, covering remote work trends, paying employees internationally, and more. Failure to pay, or underpayment of, the Netherlands income tax can result in high fees, fines, or jail time. Capital gains arising from short term investments in Unlisted shares. Is a shift to the four-day workweek good for business? Please contact for general WWTS inquiries and website support. For example, a part of your LTA (Leave travel allowance) is considered an exemption. Expats living in the Netherlands are taxed based on their worldwide income and are required to report any/all income and assets to the Dutch tax authorities by filing a Dutch income tax return, annually. The calculator is designed to be used online with mobile, desktop and tablet devices. Heres how to create an environment that ensures your diverse global workforce is successful and is focused on the same mission and goals. If your total taxable income is below Rs 2.5 lakh, then you are not required to pay any tax. 1.5 lakh under section 80C, Medical expenses are eligible for a deduction under Section 80D, The interest on a self-occupied home loan can be deducted up to Rs. Its not uncommon to encounter workers that are employed in more than one state or who travel between states for temporary employment. Taxable Income Threshold. Fill in our income tax calculator and find out how much income tax you owe. You can easily subtract the total tax benefits from the gross taxable income. State your gross annual salary and set your desired currency. From 24,480 to 42,370. In 2022, the low-income tax rate starts at 2.3% and goes up to 52% for high earners. Provides funding for social insurance schemes like permanent disability or age-related retirement. If your situation meets various conditions, your employer can pay 30% of your salary as a tax-free allowance. This means that if you are aware of a 2023 tax exemption or 2023 tax allowance in the Netherlands that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Netherlands Salary Calculator. This salary after tax examplefor the Netherlands is based on a 100,000.00 annual salary for the 2023 tax year in the Netherlands using the income tax rates published in the Netherlands tax tables. Income tax in the Netherlands is the highest in the world. Income from current or past employment is assessed in box 1. Please see www.pwc.com/structure for further details. Engineering Manager can bring you a gross annual income of 90000 Employers may provide such items tax free only if their total value is less than 1.5% of salary costs. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. Belgium also has a special tax regime available for eligible expats based on a long list of conditions and requirements. The rules regarding excessive remuneration brings a so-called lucrative investment (carried interest arrangements) under taxation in box 1. An overview of the income tax rates, premiums social security and most common tax credits for 2022. 49.50 %. Netherlands provides most taxpayers with an income tax allowance of 1,987, which can be kept as a tax-free personal allowance. Sole traders (self employed) receive additional tax credits lowering the total amount of tax paid. Taxable Income Threshold. In addition to the taxes withheld from an employee's pay, your business will also be responsible for matching contributions to the social insurance fund in the Netherlands. Tax rates for box 1 income. I live or work in Belgium - where do I pay tax? Resident taxpayers use the withholding as a tax credit on their income tax that is levied in box 3. If you are going for the new tax regime, the various deductions/exemptions such as HRA, and LTA would be taxable. For 2023, earnings up to 73,031 are taxed at 36.93%, while earnings over that limit will be taxed at 49.5%. Taxable income band EUR. The work-related costs scheme allows employers to provide some benefits tax free, such as travel allowances, study costs, lunches and Christmas hampers. Now learn how much tax you pay on your income! You can calculate the income tax on your Dutch income from employment and as an independent entrepreneur (zzp). as a second language. Lets take a look at what you need to know to keep your global payroll compliant. Both of which help to lower your taxable income. Doing business in The Land Down Under? The Annual Wage Calculator is updated with the latest income tax rates in the Netherlands for 2023 and is a great calculator for working out your income tax and salary after tax based on a Annual income. You can reduce operational costs and capitalize on new opportunities for growth. And if that arrangement becomes permanent, or the employee works in two or more member states, there are a few conditions that have to be met to keep this arrangement in place: Work in their home country at least 25% or more, Provide at least 25% of their services to their home country, Receive at least 25% of their income from their home country. An exception is made only if a double taxation treaty stipulates otherwise. categories in The Netherlands, Proudly designed and curated by Relocateme.eu, Check your email and follow the instructions to restore access to your account, Check the ' I enjoy the 30% ruling ' and find the maximum amount of tax you can save with the 30 percent ruling. Can I change the option once selected for any financial year? In addition, you cant avail of tax benefits by investing in tax-saving instruments and other deductions. If your total taxable income is less than 5 lakhs, you will get a rebate of 12,500 under section 87A. Salaried individuals can also take a standard deduction of Rs.50,000 under the new tax regime. Now, you can claim a deduction of the one-third amount or 15,000, whichever is less. Taxation in box 2 may apply to the aforementioned lucrative investments and could mean a tax saving. Exemptions are a part of your income on which tax is not applicable. The maximum non-taxable income limit is Rs 2.5 lakh. Value-added tax (VAT), known in Dutch as Omzetbelasting or BTW, is payable on sales of goods and on services rendered in the Netherlands as well as on the importation of goods and on the 'intra-European' acquisition of goods. It remains to be seen whether the Netherlands can successfully claim this allocation to the Netherlands and whether double taxation arises. The rates vary and are reviewed and set twice per calendar year by the Dutch Tax and Customs Administration. Netherlands Residents Income Tax Tables in 2023: Income Tax Rates and Thresholds (Annual) Tax Rate. the social security withholding for EU residents permanently working in the Netherlands is. Total tax benefits = Investments under 80C+ Health insurance premium + savings account interest + home loan interest + others. Check how much income tax you need to pay. Within an employment relationship, all benefits in kind are, in principle, considered as taxable income. Dutch employers have the option of preferential (tax-free) reimbursement of employee expenses related to moving to work in the Netherlands, the so-called. 37.35%. Note that only those within a certain list of countries and those that are already a participant in a social security program within their home country will be eligible. This makes assigning responsibility for social insurance a little tricky. The value under each category on 1 January will be deemed to yield a fixed percentage. So, now individual taxpayers get to choose between the two regimes. taxable in box 3 (see above). The new false freelancer policy in Spain imposes stricter penalties for businesses that misclassify independent contractors. Read More Time extension for your Dutch income tax return: Expatax can help! We can help you with your Dutch taxes, so you don't have to deal with the Belastingdienst yourself. Heres how to do it. Standard deductions exist in the form of a standard expense deduction and a personal exemption. It doesnt really matter what country were talking abouttaxes are taxes. Employer contributions are capped at an employee salary limit of 57,232. After that, the CAK will become a thorn in your side until the employee gets coverage. The tax-free allowance is considered a compensation for the expenses that you incur by working outside your home country. Learn why you need to partner with an employer of record that provides in-country expertise. Income from box 3 below is subject to tax at a rate of 30%. Income from box 2 below is subject to tax at a rate of 26.25% in 2020 and will rise to 26.9% in 2021. You must pay these payroll taxes to the tax authorities. If these conditions arent met, the social insurance burden can change to the Netherlands. All account numbers of the Tax and Customs Administration, Living in the Netherlands-income from abroad, Living abroad-income from the Netherlands, Social security for cross-border working and entrepreneurship, Financial data exchange with the United States. Generally, we review changes once a year since tax codes usually change once a year. How to receive a Worldwide income return form. What are the major tax provisions introduced in the budget for Individual taxation? It does not represent advice nor is it a substitute for a professional advisor. The content shown on this page is strictly for educational purposes only. In this third step, you need to calculate the net taxable income. If you live in the Netherlands or receive income from the Netherlands, you will be subjected to pay income tax in the Netherlands. When recruiting and hiring internationally, salary benchmarking will help you offer candidates a fair and competitive salary. 49.5%. These withholdings include payments for income tax, social security tax and mandatory private healthcare insurance. A company car with a list price of EUR 35,000. Tax returns. Employers are tasked with calculating and withholding tax payments and insurance premiums through the. A list of other kinds of taxes can be found at the end of this page. 5 crore and Rs.10 crore and income exceeding Rs. There are various tax credits and deductions that can be applied to reduce the amount of tax owed. The Netherlands has fairly high payroll taxes. 2 crore, 25% on income between Rs. The weighted average yield over all categories will be applied to the total assets above a personal exemption of EUR 57,000 (2023) in order to determine the taxable benefit that will be subject to tax at a flat rate of 32% (2023). 2 lakh, Deduction for Higher Education Loan under section 80E, Income tax deduction under Section 80G for charitable donations, Tax deduction of up to Rs. In the Netherlands, the social security system covers income payments for temporary unemployment, as well as permanent incapacity to work from age-related retirement, illness or injury. Aside from normal social security, there also exists a special social security contribution which is calculated on a progressive scale that increases from zero income and fades out at higher incomes so that the maximum contribution is limited. In this part, you can list down all the capital gains you have earned in the year through the sale of equity investments, unlisted shares, or debt investments. 5 tips for optimizing your global hiring strategy. Learn how Request a consultation with a global solutions or payroll expert. Youre in the right place. like higher productivity, reduced absenteeism, and a much broader talent pool. Learn how to pay nonprofit workers in the Philippines. If you want to estimate how much income tax you owe in the Netherlands, fill in our tax calculator below. You would have to enter your basic information such as annual income and expenses such as rent, home loan EMIs, interest on education loans, tuition fees, tax-saving investments, etc., to get the results. While thats not on the employees tab for payroll taxes, the two go hand-in-hand. Personal tax credit (for people with low income) in the Netherlands - 2,477 euros. Here are the main contributions to consider: the wage tax is levied at rates ranging from 9% to 51% depending on the salary; employees are subject to social security contributions of 27.65% of their gross salaries; other tech professionals in The Netherlands starts at 40000 These are as follows for 2023: Taxable income. The average communal tax rate is 7%. 4 Comments. These funds are broken down into two different types of social insurance pools for temporary or permanent benefits. There is typically a grace period of four months for new arrivals to get on board with the Dutch health insurance requirement. 37.10 %. You can calculate the net average salary in Netherlands using an online calculator here. One of the biggest sticking points is payroll tax. A tax credit is a fixed amount of money that may be kept by taxpayers without paying any income taxes. They then pay this amount to the Belastingdienst. Whether you're employed or own a business, we'll make your life easier and save you money. 10.80%. Under the new tax regime, individuals can not claim popular deductions such as PPF, ELSS, insurance, etc. Now, let us compute the various tax-saving investments and the various deductions. The Dutch taxable income is determined based on the net benefit (i.e. Typically the last date for filing an income tax return is 31st July after the end of the financial year. Tax rates range from 25% to 50%. This means that you will only payout to the capped limit for high earners on your payroll. Dutch Income Tax Calculator Tax in the Netherlands How it works 1 Input your annual gross income You can choose 30% ruling as well 2 Choose a Year 3 Done Now learn how much tax you pay on your income! Tax bracket (income range) Applicable tax rate. If a non-salaried taxpayer chooses to transfer to the new tax regime in the current assessment year, they will only be able to do so once in their lifetime. Building an equitable workplace is important, especially for NGOs and international nonprofits. gross benefit minus any exercise price paid). All net assets that are not intended for daily use and that are not taxed in box 1 or box 2 belong to the box 3 taxable base. Does everyone have to file their income tax returns? Provides funding for temporary unemployment. 1 Error! VAT Calculator Netherlands Corporate Income Tax Calculator Explore best options to save upto 78,000 in tax Explore Corporate Tax Rates in the Netherlands Companies, partners, and corporations can choose from a variety of configurations in the Netherlands, each with its own set of tax obligations. Capital gains arising from short term investments in Equity. Income tax in the Netherlands is the highest in the world. The Netherlands' income tax for a self-employed person is very advantageous, as long as you don't make too much money. How will the new tax regime work for an individual? This tax rate includes social security premiums, which are levied primarily in the first bracket. taxt provides online income tax filing services for individuals in the Netherlands. Box 1 income is taxed at progressive rates up to a maximum of 49.50% in 2023. per year. Out of 112 countries, they rank #1. Our calculator will precisely calculate your tax refund from The Netherlands taking into account the 90% Rule, i.e. Taxes as a freelancer in the Netherlands can be confusing at first, but I hope this guide can help you along your journey. 2. To back that up, both their test scores and employment rates are higher than the OECD average. Both of which help to lower your taxable income. Workingabroad temporarily- what are the consequences of being seconded? Nehal works in Mumbai and gets a basic monthly salary of 1 lakh. The rest of the world is just beginning to catch on to the idea that happy people equal productive people. Filing a tax return for the year of emigration or immigration, How to convert Belgian or German wages to Dutch wages (Dutch only), Voluntary disclosure scheme: correct your tax return or as yet file a tax return. After hitting "Continue", you will see your total taxable income and the total tax that you need to pay under the tax regime, you have chosen. The Resident status in the Netherlands here refers to your tax status, not necessarily your visa type or domicile. Read on to learn the five pitfalls to avoid in the global recruiting process. International nonprofits and NGOs can hire workers as either contractors or employees. 50,000), This is over and above the investment limit of 1.5 lacs unders section 80C, Total expenses incurred in running the business. This allows residents some freedom in choice for their healthcare providers but creates additional administrative work for employers. Beside the income tax, the Dutch government levies taxes on imported goods, motor vehicles, inheritances, gifts, corporations, property and business transfers, and gambling. (adsbygoogle = window.adsbygoogle || []).push({}); The Income tax rates and personal allowances in the Netherlands are updated annually with new tax tables published for Resident and Non-resident taxpayers. For non-resident taxpayers, taxation in box 2 will only apply to a non-resident who holds a substantial interest in a Dutch-based company. So, the taxpayer needs to decide on a tax regime. Free exchange of driving license for the owner and his family for a Dutch license, Obtaining the status of a partial full tax resident of the Netherlands, You are an employee (not a company owner) with a work contract. Happy: The 2020 World Happiness Report puts the Netherlands at #6 among the happiest countries in the world. How to convert Belgian or German wages to Dutch wages (Dutch only) Voluntary disclosure scheme: correct your tax return or as yet file a tax return; I disagree with the assessment; How to obtain a copy of my tax return; Income in box 3 EUR Currency. Enter Your Salary and the Netherlands Salary Calculator will automatically produce a salary after tax illustration for you, simple. 3. It can get quite complicated when you consider that jurisdictions within a state can charge different taxes for things like schools.. Easily enter the values from your Jaaropgave penalty that your Dutch employer imposed on you. I am moving to the Netherlands - am I entitled to benefits? You can opt for the new or old tax regime at the beginning of a financial year and cannot change it till the next financial year. She has invested 1.5 lakhs under the different tax saving options under section 80C, an additional 50,000 in NPS, and paid medical insurance premium worth 25,000 for herself and her spouse. . FAQ Payroll taxes in the Netherlands The Netherlands has fairly high payroll taxes. mandatory private healthcare insurance system. Proof of payment of any advance tax or TDS (Tax deducted at source) information, Details of deductions to be claimed under Chapter VIA. Dont miss this ebook: International salary benchmarking: A how-to guide. But because it funds so many beneficial social programs, the Dutch don't seem to mind. Do I need to file a worldwide income return? Netherlands's tax credit is a basic wastable tax credit, non-tapered, available to all (single) taxpayers without dependents. Monthly net income: 2132 $ 2367. There may be additional deductions, credits, exemptions, allowances, reliefs, etc depending on many factors. Social security contributions in Belgium are made by both employers and employees, of which the former shoulders a higher percentage contribution. Move fast or get left behind as the future of work becomes the way of work, 4 benefits of streamlining your global payroll system, Your employer of record is stronger with local market expertsand here's why, How NGOs and international nonprofits can build an equitable workplace. education (Master, he is a master) and your net annual salary is higher than the minimum required by the state for this year (also without vacation pay and after applying 30% tax rate). Dutch Income Tax Calculator Calculations for 2023 About 30% Ruling The salary criteria for the 30% ruling as per January 2023 are as follows: The salary amount does not matter if working with scientific research. All rights reserved. The calculator is designed to be used online with mobile, desktop and tablet devices. The tax rate on income from savings and investments is 30%. 5 Crores and 37% on income between Rs. Easily estimate take home pay after income tax so you can have an idea of what to possibly expect when planning your budget. Income from 35,742.01. Individual - Income determination. Personal Income Tax Rate in Netherlands averaged 53.44 percent from 1995 until 2022, reaching an all time high of 60.00 percent in 1996 and a record low of 49.50 percent in 2020. . Due to a lack of easily available data, our calculator simply calculates the communal tax based on the average. Income from 35,742.01. 36.93%. Why is Australia hiring foreign workers? The maximum employed person's tax credit will be up from EUR 4,260 to EUR 5,052 and the rate of the first income tax bracket will be reduced from 37.07% to 36.93%. Also, the deduction for interest on housing loans under section 24 and the deduction on family pension income are not available under the new tax regime. The meaning of ruling is, on the one hand, to ease the financial burden of those who, due to a new job, are forced to change their place of residence for the whole family and move to live and work in Netherlands for a long time, and on the other hand, to facilitate the employer's reporting related to expenses for relocation of such an employee. You will then receive compensation for higher costs of living. If the lucrative investment is (i) held indirectly (e.g. In this step, you need to include the expenses and investments available for deductions such as ELSS, term insurance premiums, NPS, donations to charities etc. The deadline for this is normally July 1. The Personal Income Tax Rate in Netherlands stands at 49.50 percent. Thinking about expanding into the Netherlands? Mandatory for all employees. Can I apply for a provisional assessment? Net taxable income = Gross taxable income - net taxable income. But thanks to various tax benefits, the lion's share of earnings (about 75%) still remains at the disposal of the local worker. Estimated results are just estimates. Choose a specific income tax year to see the Netherlands income tax rates and personal allowances used in the associated income tax calculator for the same tax year. Both residents and non-residents are required to make social security contributions. Regardless of where youre withholding, it can be a little headache-inducing to hammer out who pays what. In 2022, the low-income tax rate starts at. Here is a list of popular deductions and exemptions allowed under the old tax regime: Most tax exemptions and deductions are no longer accessible under the new tax system. Step 3: Calculate the net taxable income. This type of remuneration is generally taxable at the moment the benefit becomes unconditional (share) or exercised (stock options). The income tax in the Netherlands for 2023 is 36,93 % between 0 - 73.071 and 49.50 % between 73.071 and upwards. The income tax system in Belgium has four different tax brackets. Let us see her total tax liability under the old and new tax regimes. Can I take my Dutch pension with me when I emigrate? Now, an individual has to pay a 30% tax on their income from digital assets like Crypto. Standard corporate income tax (CIT) rate. Here are 5 tips to consider. 10,000 on savings account interest income. From 13,870 to 24,480. The Tax tables below include the tax rates, thresholds and allowances included in the Netherlands Tax Calculator 2023. dividends) is, as such, not taxable. However, if you have specific questions about your own personal situation, please consult a licensed tax professional. Income Tax. There is no crypto capital gains tax in the Netherlands. Through the tax calculator you can calculate the income tax on your Dutch income for all years, including 2022. In this case, social insurance coverage defaults to the home country for EU residents temporarily working in the Netherlands. With which countries does the Netherlands have tax treaties? A Recruitment Processing Outsourcing (RPO) provider is essentially an in-house recruiter for your company that provides greater efficiency and more flexibility for your hiring needs. This salary calculator also works as an income tax calculator for Belgium, as it shows you how much income tax you have to pay based on your salary and personal details. 68,508+. Get info on your monthly Net or Gross income after Taxes There are three different levels of BTW: 0%, 9% and 21% (the most common rate). Once you have lived and worked in the Netherlands for an entire year as a tax-paying resident, you file for your tax returns . A minimum base salary for Software Developers, DevOps, QA, and Simply put, individuals must calculate the tax payable under both tax regimes and decide which regime to select. Taxable Income Threshold. Here are the years most popular articles. My child goes to a childcare centre - can I get childcare benefit? For making the decision you must thoroughly examine both existing and new tax regimes. Capital gains arising from short term investments in Real Estate or Land. Income tax in the Netherlands is the highest in the world. Please find below, as an example, two 2019 gross-to-net calculations, one with and one without the 30% ruling. the cost of living, Moving to the Netherlands for a tech job: The ultimate guide, Software Developer A surcharge of 15% is applicable on long-term capital gains on all assets. There is typically a grace period of four months for new arrivals to get on board with the Dutch health insurance requirement. Prior to the 2022 tax year, if the taxable base value of your assets (crypto and non-crypto) was more than 50,000 EUR, you were subject to the net worth tax (Vermogensbelasting) of 31%. Her employer offers an HRA of 50,000, a special monthly allowance of 20,000 per month, and a yearly LTA of 30,000. Optional: Select Advanced and enter your age to alter age related tax allowances and deductions for your earning in the Netherlands For residents and non-residents, capital gains and investment income as such are not taxable, except as detailed for box 2 and box 3 above. Netherlands Annual Salary After Tax Calculator 2021. The 30% ruling is a Dutch tax exemption for employees who were hired abroad to work in the Netherlands. 1. extraterritorial costs. While you might be seeing dollar signs right now, there are a few logistical hoops to jump through before you can begin employing workers in the Netherlands. Countries with similar tax brackets include Keep in mind that our ranking measures only nationwide income taxes, and does not account for local income taxes at state, province, or municipal levels. To get a ruling, there are a number of mandatory criteria that must be met: Rouhling in the Dutch tax office is requested by the employer. I have a pension from Germany - what do I need to know? She also availed a tax deduction of 5,000 under section 80TTA against her savings account interest. Please note that the tax rate of box 2 will be adjusted by 2024, by introducing two new brackets: a basic rate of 24.5% for the first 67.000 euros in income per person and a rate of 31% for the remainder. What should I bear in mind when I emigrate? Thinking about expanding into the Netherlands? You calculate the payroll taxes on the wages. Completely free tax calculation. That is, when you change employers, your new employer will have to re-request taxis for you. If you are entitled to a tax credit or a tax refund due to being resident for a partial tax year, deductible items such as the mortgage rebate, study expenses (up to 2020), medical expenses, or special childcare expenses, file an income tax return with us to receive your refund. Net Salary Capital gains arising from short term investments in Debt instruments. ch healthcare system doesnt accept foreign insurance so all employees in the Netherlands will need to buck up for at least a basic care package. Now, you need to add the net salary with other income from different sources, such as interest income, capital gains from investments, and rental income, to come to your gross taxable income. Non-resident employees are taxed on salary earned for employment activities performed inside the Netherlands. The aim of this paper is to provide an international perspective on the Dutch capital income tax system and point to possible reform directions. 35,742.00. What does it take to be successful at international business expansion? For the 2022 tax year, the Netherlands is updating their wealth . Gross taxable income = Gross salary HRA LTA Standard deduction + Income from other sources. covers income payments for temporary unemployment, as well as permanent incapacity to work from age-related retirement, illness or injury. 54,367 and up. Discussions are welcome. Many additional deductions may also exist depending on your situation. You pay tax in the Netherlands on your income, on your financial interests in a company and on your savings and investments. Employers are tasked with calculating and withholding tax payments and insurance premiums through the payroll process. without vacation pay and after deducting 30% tax = 70% of gross salary) is higher than the minimum required by the state for this year. For individuals whose total taxable income is above 5 lakhs, the tax rate discussed earlier would apply. So, your entire income would fall under income tax purview. Annual gross income 34000. You can cut your taxable earnings by investing in tax saving options such as Equity Linked Savings Scheme (ELSS), and Public Provident Fund (PPF), available under section 80C of the Indian Income Tax. Please stay on topic and remember to be kind to each other. Corporate taxpayers are required to file a tax return annually. You have to deduct payroll tax from your employees' wages. In addition, workers are charged a National Insurance Contribution (27.65%). New tax regimes offer lower slab rates but the taxpayer has to forgo most of the deductions and exemptions available under the old one. You can easily subtract the total tax benefits from the gross taxable income. Salaried individuals and pensioners with no business income can switch between the two tax regimes every assessment year, depending on their financial status. For example, the income tax rate for persons with an annual salary of more than 68.5 thousand euros is 49.50%. calculator for The Netherlands. Lorentz Transformation of Coordinates Calculator, Trinidad And Tobago Salary Calculator 2023/24, Advanced League Table Creator and Calculator, Stopping Voltage in Photoelectric Effect Calculator, Step Potential Probability Current for Zone II Calculator, latest income tax rates in the Netherlands for 2023, full instructions for using the Netherlands Salary After Tax Calculators, compare monthly salaries in the Netherlands in 2023, *** Please enter your employment income ***. You can estimate your income tax payable under both tax regimes using the new income tax calculator for FY 2023-24 in a few simple steps. Social security contributions are also fully tax deductible aside from the special social security contributions. If you qualify for all of the self-employed deductions, you can make up to 29,800 in . However, the assets of an individual valued on 1 January are deemed to generate an annual fixed return on investment. The additional costs that the 30% facility is intended to cover decline over time. As of 1 January 2023, transitional legislation for box 3 will be introduced until the implementation of a new system in 2026, at the earliest. Heres a quick look at what you can expect: Unemployment insurance: Variable between 2.94%-7.94% based on contract length and required for all employees regardless of residency, Disability insurance: Required for Dutch residents, currently 8.55% for general industry occupations, Childcare allowance: Required for Dutch residents, currently 0.5%. Mandatory for anyone who lives and works in the Netherlands permanently. The calculator is designed to be used online with mobile, desktop and tablet devices. For example, the Netherlands offers a "foreigners' tax credit" called " the 30% rule " to certain taxpayers who are not Dutch . That said, you can still interpret our estimated results as a base case scenario. After that, the CAK will become a thorn in your side until the employee gets coverage. Social security payments are made every month and should be automatically withheld from your income by your employer. A minimum base salary for Software Developers, DevOps, QA, and other tech professionals in The Netherlands starts at 40000 per year. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Employee retention is a key business strategy that will keep your company thriving. You usually receive this discount through your employer. However, it may be possible to have the proceeds from the lucrative investment taxed in box 2. The personal income tax rate in Belgium is progressive and ranges from 25% to 50% depending on your income. Please try again. 35,742.00. In case you do not make use of the box 2 regime, the Netherlands is of the opinion that based on where and to the extent (taxable) activities are performed in the Netherlands, (part of) the lucrative investment should be subject to taxation in the Netherlands. Generally speaking, employee stock options are taxable once exercised. Interest income that does not qualify as income from substantial interest (see below) is taxed in accordance with the rules on the taxation of dividend income, i.e. A lower rate of 19 per cent (15 per cent in 2022) applies to the first income bracket of 200.000 euro (395.000 euro in 2022). 0 - 68,507. The Netherlands income tax, at up to 52.00%, is the highest income tax rate in the world. . 32,738 - 54,367. This income tax calculator is very easy to use to instantly figure out tax on your income. Fluent: English continues to be the language of global business, and the Dutch have mastered fluency in English as a second language. 49.50. 37.10. 40 hours: 11.16. Furthermore, a discount applies on the taxable value in case of a holding lock or forced postponed exercise date. Also, the ability to switch between old and new tax regimes depends on the nature of the income. 2021 Box 1 Tax Rate. The tax rate on income from savings and investments is 30%. Taxes, including personal income tax, expenses and limitations are reviewed by the Government in the Netherlands periodically and typically updated each year. Quite simply: 30% ruling, aka 30% regeling, is a tax rebate designed to (financially) make it easier for an expat to move to the Netherlands. So, on taxable income of Rs 5 lakh, the income tax outgo becomes nil. the vesting period) in case the individual worked in more than one country during this period. You will also have to pay a 1% TDS (tax deducted at source) whenever you sell these virtual digital assets. From a tax calculation perspective, your . A quick and efficient way to compare monthly salaries in the Netherlands in 2023, review income tax deductions for monthly income in the Netherlands and estimate your 2023 tax returns for your Monthly Salary in the Netherlands. Dennis says: 07/11/2022 at 17:03. Since 2019, a permit for the use of 30% ruling is issued for 5 years and can only be applied by 1 employer for 1 specific employee. The key aspects of interest are . In addition to Netherlands's income tax, other taxes may apply to wages or profits earned, including social services, medical care, and capital gains taxes. Check your tax code - you may be owed 1,000s: free tax code calculator. (adsbygoogle = window.adsbygoogle || []).push({}); The Monthly Wage Calculator is updated with the latest income tax rates in the Netherlands for 2023 and is a great calculator for working out your income tax and salary after tax based on a Monthly income. Details of income earned from various sources such as salary, house property or any other sources. Registered Address: Express Building, 9-10, Bahadurshah Zafar Marg, New Delhi 110002. Deductions, on the other hand, are expenses that help you reduce your taxable income. Next, you need to add the exemptions such as HRA, special allowance, and EPF contribution. Useful links. As a general rule, a statutory director of a Dutch company is subject to Dutch taxation irrespective of the country where the duties relating to the directorship are actually performed. More than 68,507. With regard to dividends, please note that in the Netherlands a dividend withholding tax (WHT) of 15% applies. A new amendment to the Dutch employee stock option regime will apply as of 1 January 2023. Income from 35,129.01. 68,508 and upwards. These contribution rates can change, and there are some small differences for high-risk industries. Generally, a tax credit is subtracted from your gross income before your taxable income is calculated. An employee may, however, elect (in writing) to keep exercise as the taxable moment. Whywould I want tochange my provisional assessment? Furthermore, Section 57(iia) was introduced under the new tax regime for claiming deductions related to income from family pensions. salary range for tech professionals in this country. If an employment is partially exercised in the Netherlands, the activities are deemed to be fully performed in the Netherlands, unless the employment is fully exercised outside the Netherlands or unless the salary earned in connection with foreign duties is taxed abroad. Individual - Sample personal income tax calculation. Tax brackets in the Netherlands vary depending on the type of income, box 1, 2 or 3. Productive: A 2019 study of 180 countries ranked the Netherlands as the second most productive country in the world. There are a few other things to keep in mind about the former tax system: A 4% health and education cess is applied to the tax amount. Information about the Netherlands, incl. Learn how to navigate payroll tax in Australia as a global employer. If you have any question about the 30% ruling don't hesitate to write to us! We discuss the considerations and benefits businesses should take into account when evaluating a move to a four-day workweek. The major tax provisions introduced in the Budget 2022 are shown below: Under the new tax regime, all deductions under Chapter VIA such as 80C, 80CCC, 80CCD, 80D, 80DD, 80DDB, 80E, 80G, 80GG, 80GGA, 80GGC, are not available to the taxpayer. Note: The M-Form is only for the year that you immigrate to/migrate from the Netherlands. The system integrates the income tax with fees paid for the general old age pension . For more details, check out our detail section. But it may be further extended as per the governments discretion. For Example, in the year 2022, the last date was unchanged, i.e., 31st July 2022. Other factors may include mortgage payments, property depreciation, charitible donations, additional voluntary retirement contributions, etc. You can use our income tax calculator to estimate your total tax on income to figure out which tax regime you should choose. 2017 - 2023 PwC. 40%. The rates of social security contributions in the Netherlands can slightly vary from year to year, just like the personal income tax. Now, both central and state government employees will be able to avail of a deduction of up to 14% on employer contributions towards NPS. Can I apply for benefits as a refugee from Ukraine? jobs in the Netherlands. 42.00%. 50%. The Monthly Wage Calculator is updated with the latest income tax rates in the Netherlands for 2023 and is a great calculator for working out your income tax and salary after tax based on a Monthly income. Such benefits include accommodation allowances, private use of the company car, employee stock options, home-leave allowances, and pre- and post-assignment bonuses. The US is also the only country in the world where taxes are . From 42,370 onwards. National insurance contributions: Mandatory for anyone who lives and works in the Netherlands permanently. Transfer unused allowance to your spouse: marriage tax allowance. Tax in the USA. Some factors are about your family such as the number of dependents, children, relatives, parents, etc. If you would like to report a bug or issue with one of our pages or calculators, please direct message us on twitter instead. Our aim is to keep tax calculations in the Netherlands simple, we achieve this my making the Netherlands tax calculators relevent to our community's needs, this includes you. Notable benefits of this system include certain reimbursements and various tax savings. For non-resident taxpayers, the withholding would be the final levy applied in the Netherlands. Keep in mind that the salaries youre offered when Along with a (maximum) 30% tax rebate, getting ruling opens up some other amenities and opportunities, for example: Contrary to the stereotype, 30% ruling is not directly related to the Kennismigrant status and can be obtained by any hired employee who meets the requirements. They cannot choose the tax rates in the new regime once she has exercised their choice to return to the previous tax regime. Our tax experts will handle everything for you. Tax-saving deductions available under sections 80C to 80U of the Income Tax Act, 1961 must be filled out under the old tax regime. To minimise your taxable income, you could claim tax exemptions on HRA and LTA, as well as deductions under other sections, such as Section 80C, 80D, and 80TTA under the old tax regime. This site uses cookies to collect information about your browsing activities in order to provide you with more relevant content and promotional materials, and help us understand your interests and enhance the site. Local taxes on income Great! 9.7%. If you think you have paid too much tax . So, as per the income tax calculation formula, her total tax deductions for the financial year is 2,30,000. So, we can see that the total income tax liability for Nehal would be more if she opted for the new tax structure. Corpus Fund is eligible for deduction under Section 80CCH. But how do you know youre ready to undergo this comprehensive consolidation? Follow these simple steps to calculate your salary after tax in the Netherlands using the Netherlands Salary Calculator 2023 which is updated with the 2023/24 tax tables. It turns out that the Dutch might be hiding some of the best talent available. 1,00,00,000, and 15 % on income between Rs. 250,000 x 5%). 57,232. For residents and non-residents, part of the taxable base is exempt and several specific deductions can be applicable. This fixed return is taxed in box 3 at a flat rate of 32%. Information required at the time of e-filling are as follows: Click here to know more about ITR e-filling. The new tax regime was introduced in Union Budget 2023. it will calculate the Heffingskorting discount, taking into account the days when you were insured in the Netherlands. As of January 2023, hourly minimum wage rates for a person over the age of 21 in the Netherlands are: 36 hours: 12.40. Learn how your Dutch taxes look like for 2023 & 2023 with a Salary Calculator. I filed a worldwide income return. Contact our consultant Roy Roy van der Wiel Fill in our income tax calculator and find out how much income tax you owe. The HR transformation process can be an intimidating initiative for any business. Payroll tax, or the amount of money withheld from an employees wages for taxation liabilities, can be broken down into three categories: Wage tax, or income tax, is a progressive system in the Netherlands. This means that you will only payout to the capped limit for high earners on your payroll. Do I have to file a tax return as a non-resident taxpayer? Back to top. 11 income tax and related need-to-knows. Netherlands Residents Income Tax Tables in 2022: Income Tax Rates and Thresholds (Annual) Tax Rate. allowed 1.5Lacs), Includes PPF, VPF, fixed deposits, ELSS mutual funds, Term insurance, NPS eligible for 80C, NPS investment under section 80CCD(1B) (max. Here are the steps for the income tax calculation formula as per the old income tax slab: Step 1: Calculate your gross taxable income. Nonetheless, rental income is taxable in case the income is received for services that surpass that of a normal investor and these services are viewed as business activities. It is advisable to submit a taxi request within the first 4 months after arrival, then you will be able to use it from the very first salary. The standard expense deduction is calculated by taking a percentage of your income up to a certain limit while the personal exemption is just a fixed amount. Building a purpose-driven culture for todays top talent, How to avoid pitfalls during international recruitment, 5 steps to offering a competitive salary internationally, Top 5 benefits of recruiting internationally. In addition to the taxes withheld from an employee's pay, your business will also be responsible for matching contributions to the social insurance fund in the Netherlands. Staying on the right side of national insurance withholdings can easily get complicated, depending on employment status, residency status and frequent rate changes. Furthermore, the property that qualifies as a primary residence is taxed in box 1, which also includes the (deemed) income from this property, which is taken into account to determine the amount of the deduction for the mortgage interest paid. Dutch tax rates, premiums social security and tax credits for 2022 in the Netherlands - Holland . In case your total income is below Rs 5 lakh, then you are eligible for a tax rebate. For salaried individuals, a statutory deduction of Rs.50,00 and exemption on allowances such as HRA and LTA are not allowed. What provisional assessments can I apply for? 38 hours: 11.75. via a holding company, preferably benefiting from the Dutch participation exemption on capital gains and dividends); (ii) the individual investors holds a substantial interest in the intermediate holding company; and (iii) this company distributes at least 95% of profits realised to its shareholders within the tax year, the individual investors are taxed according to box 2 taxation at the level of their shareholding in the holding company. There are two taxable income brackets. In the last 2 years prior to your 1 working day in the Netherlands, you: Have lived for more than 16 months outside the Netherlands and, Lived this time more than 150 km from the border of the Netherlands. Helping you better invest both your time and resources with helpful info in lifestyle areas including personal finance and tech so that you can elevate your inner potential and achieve the best you. And if that arrangement becomes permanent, or the employee works in two or more member states, there are a few conditions that have to be met to keep this arrangement in place: national insurance withholdings can easily get complicated, depending on employment status, residency status and frequent rate changes. When tax policy in the Netherlands changes, the resultant tax tables also change. Review the full instructions for using the Netherlands Salary After Tax Calculators which details the . With 30% ruling. you have received income from the Netherlands over which you have paid an insufficient amount of tax or no tax at all. This income tax calculator can help estimate your average income tax rate and your take home pay. How to file your income tax return in the Netherlands Paying provisional tax Self-employed income tax in the Netherlands Tax on property and wealth in the Netherlands Inheritance tax in the Netherlands Company taxes and BTW rates in the Netherlands Import and export taxes in the Netherlands Employers are taking note of the upsides to the. However, the reference date for calculating the basis for saving and investing in this case is 1 January. The basic income tax rate was reduced from 37.07% in 2022. Indemnity paid daily to cover routine normal costs or expenses incurred due to absence from a regular place of duty. For box 1 tax (on income from employment, including home ownership), there is a 36.93% tax rate for income from 0 - 73,031. Many of the remaining 20% are not in the Netherlands temporarily but stay for a longer period. Will I be taxed twice if I have income from multiple countries? Moreover, her additional income from capital gains and interest income is 1 lakh in the financial year. In some cases, for example, with minor children, the Netherlands provides . The Dutch have a strong sense of community and belonging paired with a good work-life balance. 52.00%. The Netherlands Income Tax Calculator uses income tax rates from the following tax years (2023 is simply the default year for this tax calculator), please note these income tax tables only include taxable elements, allowances and thresholds used in the Netherlands Monthly Income Tax Calculator, if you identify an error in the tax tables, or a tax credit / threshold that you would like us to add to the tax calculator, please contact us. This is simply because we updated our tax calculators based on user feedback, we tailor the Netherlands Salary Calculator to suit our users needs. Living or working outside the Netherlands. Income tax in the Netherlands (personal, rather than corporate) is regulated by the Wet inkomstenbelasting 2001 (Income Tax Law, 2001). 10 crore are applied as well. Should nonprofits hire contractors or employees? You have sucessfully subscribed for newsletters for investments. Not that not all tax rates and thresholds in the Netherlands change annually, alterations to tax policy to support strategic economic growth in the Netherlands mean that the certain areas may be focused on to provide specific tax relief in the Netherlands or support growth in certain areas (overseas invstment in the Netherlands for example may mean reduced non-resident income tax rates in the Netherlands for a period). Some workers are also entitled to tax credits. Dont miss this, Payroll tax in Australia: What global employers need to know, 5 common global payroll errorsand how to prevent them. Here is a comparison between the old and new tax slabs: Yes, the new tax regime is optional. Following deductions are available under the new tax regime 2023: Tax payable on salary is based on your total taxable income after all the deductions and exemptions, the income tax slab you belong to, and the tax regime you have opted for. The calculator is designed to be used online with mobile, desktop and tablet devices. An income tax calculator is an online tool that helps you figure out how much tax you need pay under the old and new tax regimes in India. With the current talent shortages, companies often have no choice but to look to global markets. (25-64) have completed a post-secondary degree. While thats not on the employees tab for payroll taxes, the two go, and required for all employees regardless of residency, Required for Dutch residents, currently 8.55% for general industry occupations, Required for Dutch residents, currently 0.5%, can change, and there are some small differences for high-risk industries. that we refer to the calculator functionally rather than by a specific name, we mention this here to avoid any confusion. At the same time, more leading roles like Software Architect, Team Lead, Tech Lead, or The actual rental income received is thus not taxable. For box 2, there are no brackets: any direct or indirect interest of 5% or more in a company . The Monthly Netherlands Tax Calculator is a diverse tool and we may refer to it as the monthly wage calculator, monthly salary calculator or monthly after tax calculator, it is however the same calculator, there are simply so many features and uses of the tool (monthly income tax calculator, there is another!) This salary calculator only provides a rough estimate according to the most common scenarios for standard employment income that comes from an employer. Employer contributions are capped at an employee salary limit of. Income from self-employment is assessed in box 1. Employee insurance contributions: Mandatory for all employees. Confused? As of 2019, the reduced rate for prime necessities is increased from 6% . I have children - can I get a supplementary child benefit? 2019 Box 1 Tax Rate. International business expansion: Why and why now? The benefits derived from this substantial interest are taxable in box 2. Enter your employment income into the salary calculator above to estimate how taxes in Belgium may affect your finances. The personal income tax system in Belgium is a progressive tax system. Here are the steps: In the first step, you need to add the essential details such as your age, earnings, the type of house you are living in, rent that you pay if you are living in a rented house. As a result, net taxable income under the old tax regime would be 13,90,000, while for the new tax regime, it would be 21,20,000. It covers contributions for old-age social security, survivor benefits and long-term disability. All you need to do is answer a few simple questions, register . 45%. Usually, the Dutch tax authorities will send you an invitation to file your tax returns. If you operate overseas (or plan to soon), youll want avoid these costly global payroll errors. 100k Salary After Tax in the Netherlands 2023/24. Now, add your income details, such as your basic, gross salary, and income from other sources, such as interest on deposits and rental income. Or you are under 30 and have a diploma of higher scientific (not technical!) of 180 countries ranked the Netherlands as the second most productive country in the world. One state or who travel between states for temporary employment fixed percentage considered as income. They can not choose the tax rate in the Netherlands salary calculator all benefits in kind are in. Personal allowance necessarily your visa type or domicile: free tax code - may. More details, check out our detail Section 0 - 73.071 and upwards on board with the Dutch have fluency... Authorities will send you an invitation to file a worldwide income return last reviewed - 28 December 2022 tax. 50,000, a part of your income, box 1, 2 or 3 is the highest in Netherlands! Just like the personal income tax in the world a year under the new structure! % TDS ( tax deducted at source ) whenever you sell these virtual digital.! Credits, exemptions, you cant avail of tax benefits from the Netherlands salary after tax illustration for.! Sections 80C to 80U of the best talent available taxpayers, the low-income tax rate on income from other.... Cak will become a thorn in your side until the employee gets coverage slab rates but taxpayer! Am I entitled to benefits a separate legal entity stands at 49.50 percent, we explore challengesand! Other kinds of taxes can be a surprise to some, is the income. Held indirectly ( e.g which can be applied to reduce the burden wage... Depreciation, charitible donations, additional voluntary retirement contributions, etc depending on the nature of the financial.... From this substantial interest are taxable in box 3 income ( deemed return on savings and investments ) is an. Security payments are made every month and should be automatically withheld from your annual. Perspective on the average her savings account interest with the Dutch might be hiding of... 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Belgium has four different tax brackets in the Netherlands the Netherlands - am I entitled to benefits gets... Our income tax rates as that of resident taxpayers write to us in )... Your entire income would fall under income tax with fees paid for the expenses help! The rates vary and are reviewed by the Dutch don & # ;... Netherlands on your income after income tax you owe in the Netherlands after! Be seen whether the Netherlands - 2,477 euros tables therein, your entire would! Capital gains arising from short term investments in Equity this paper is to provide an perspective... For filing an income tax Act, 1961 must be filled out under the new tax regimes offer lower rates... To encounter workers that are employed in more than one state or who travel between for... Her total tax deductions for the financial year taxes can be challenging, and the various deductions/exemptions as. Of communal taxes what should I bear in mind when I emigrate, while earnings over limit... Usually change once a year generally, we review changes once a year the! January will be taxed at a flat rate of 30 % ruling is progressive. International nonprofits and NGOs can hire workers as either contractors or employees reliefs, etc heres how navigate! For nehal would be the final levy applied in the world calculator to estimate your average income tax, security! Realizing it the idea that happy people equal productive people, our calculator simply calculates the tax... Avoid in the first bracket go hand-in-hand 2019 gross-to-net calculations, one with and one the. For 2022 in the Netherlands actually varies based on a tax return Expatax! House - can I get a rebate of 12,500 under Section 80TTA against her account. To a lack of easily available data, our calculator simply calculates the communal tax based the. Or no tax at all to compute the total amount of tax paid of 30 %.. Deductions, you cant avail of tax or no tax at all remains to be at. Old and new tax slabs: Yes, the income tax in the Netherlands - 2,477 euros and.: Click here to know seem to mind a progressive tax system Belgium! Current talent shortages, companies often have no choice but to look to global markets from... That will keep your company thriving 30 % ruling now individual taxpayers get to choose between the two regimes! The last date was unchanged, i.e., 31st July 2022 for deduction under 87A! Most common scenarios for standard employment income that comes from an employer of record provides..., credits, exemptions, allowances, reliefs, etc 2023 with a comparable facility, the have... To file a tax credit is subtracted from your tax refund from the special social security,. % TDS ( tax deducted at source ) whenever you sell these virtual digital assets Crypto! Tons of valuable content in 2022: income tax calculator is designed to seen. Only country in the Netherlands actually varies based on the other hand, are expenses that you! Very easy to use to instantly figure out tax on your income, box 1 gains in!
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