NO MORE 30% RULING IN NETHERLANDS FROM 2024 [English subtitles] | LOW NET SALARY FOR EXPATS

Netherlands is implementing new changes to 30% ruling from 1-Jan-2024. Watch this video to know more about the upcoming changes.
Hope you find this video informative!!
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[@DevOpswithDheerajYadav]

Very informative video bro, i was able to grab all, but would be great if you were speaking in English, thanks for adding subtitles helped a lot.

[@TimeandTrial]

Thanks bro.

[@meenambigaigovindarajan5215]

Most useful informations. Nice.

[@singham1708]

Seems it's getting tougher day by day, especially on the financial front for expats...

[@dohaeris-english9716]

What happens to an employee who has met the minimum salary requirement in 2023 and has 30 percent ruling, however, the minimum salary requirement goes up in 2024 and his salary does not increase.

[@TimeandTrial]

Usually every year the payroll administration recalculates the eligibility values..if it falls below, then lower salary criterion might apply. Even if it's lower than that level then 30% ruling might even be recalled. (Stopped)

[@SR-tk8zd]

I’m currently planning to move to NL along with my husband.
I have received the offer in Dec 2023 and joining is Feb 2024. What would be 30% ruling structure be like for us?
Shall we expect some benefit of this 30% ruling

[@TimeandTrial]

Yes in your case you will be falling under the new 30% ruling structure

[@chinnu6119]

Oops! I just accepted job offere in NL, but when I asked them this question a week back said it’s not official. Was this confirmed and implementation Stage ? Not sure should still I go with this offer.

[@TimeandTrial]

It's expected to be implemented from 1Jan24. Still subject to passing the resolution on parliament. Nevertheless it will come for sure..

[@10SURA]

If I'm currently benefiting from a 30% tax benefit starting from January 2023 and plan to switch jobs in January 2024, under the new regulations where the tax benefit reduces to 20% after 20months, would the remaining 8 months affect my tax benefit when I change jobs? In other words, would the reduced tax rate of 20% be applicable to the remaining 8 months after I switch jobs?"

[@TimeandTrial]

If you switch job in Jan 2024, then you would have completed 12 months of 20 months for 30% so still the remaining 8 months will be 30% only after that it changes to 20%.. hope this answers your question if I understood it correctly..

[@praveenmadeswaran]

I started my job in Netherlands in Nov 2023. And applied for 30% ruling in the same month. But it is not approved yet. Will it come under new rule?

[@TimeandTrial]

No I don't think so.. it depends on your application submission and the start date of your job.

[@praveenmadeswaran]

@@TimeandTrial Thanks for the reply bro ❤️ Your videos helped me a lot to know about Netherlands. Keep going👍

[@rooneymechis]

Bro, Im here in NL since 2022 so if I continue working in my current company will my 30% ruling is valid till 5 years as 30% itself? And only if I change my company it becomes 30 ,20 and 10%?
Or by default everyone falls into 30, 20, 10% scheme?

[@TimeandTrial]

Only if you change company after 1Jan24. Also this transitional rule is yet to be confirmed by the govt. So far the report say this
www.pwc.nl/en/insights-and-publications/tax-news/wage-tax-and-social-security/Amendments-reduction-of-expat-ruling-adopted.html

[@jersysri]

Hi Bro. I don't understand how change of employment will make your fall under new rule. I have looked in all possible news available none have mentioned about this.
Can you please confirm if you had this reviewed with a legal services person that change of employment will fall in re applying and will lead to new rule.
Also is it officialy announced by government? Can you please clarify on this. Thanks

[@TimeandTrial]

Hi bro, This rule is expected to come by 1Jan24 still yet to be passed in parliament. Also this transitional rule is not in any govt official site but its in the report published by renowned firms
www.pwc.nl/en/insights-and-publications/tax-news/wage-tax-and-social-security/Amendments-reduction-of-expat-ruling-adopted.html

[@jersysri]

​@@TimeandTrial
Update:
If there is no so called interruption i.e if you have a new job within 3 months of your previous job contract the 30% rulling remains the same as before.

[@lokeshraj2732]

What happens if we can make a application for 30% before 31st dec 2023, but the job starts by Feb 2024? More over I already have 30% ruling activated in my current company.(i am switching to a new job)

[@lalitkumar-nd6kn]

This the twist bro which is yet to be cleared

[@TimeandTrial]

30% application is tied up to your job contract .. so in this case I think it will still be under the new rule.. however I am not an expert.. just a guess based on my experience and research...

[@lokeshraj2732]

@@TimeandTrial yea true, but my doubt is that if we can make an application for 30% ruling even before the start of the job contract. If we can make it before 31st December, I hope i shall be under the old law

[@DevOpswithDheerajYadav]

@@lokeshraj2732bro 30% ruling can only be applied once you have resident permit, without you can’t. In short once you land in Netherlands and have resident permit, company can prepare the documents but can only submit once you are in Netherlands not before

[@rizwan_m]

It’s subjective. But I’m planning to move to NL for better education for kids and work life balance. These rules will change anyway in 60 months (old or new) basically we have to earn more in that 60 months to make the same life as first 60 months.
Previously lived in other countries without any add on benefits so it’s okay from my side.
But now I’m more worried about PVV and right wing politicians than the rules. 😅

[@TimeandTrial]

Very true bro. Even we are not sure what would be the consequence of the new govt. But puzzled too..

[@iyyappanc9327]

I don't feel much benefit from 30% ruling

[@TimeandTrial]

It is quite subjective..

[@rooneymechis]

Do a small math with your salary with and without 30 percent ruling. You will reconsider your statement.

[@suriyakrishnan5517]

Netherlands varlama venama ☹️.......too many new rules

[@TimeandTrial]

Yes indeed.. basically the govt wants to slow down immigration..

[@romainternetpoint5110]

Your contract details

[@TimeandTrial]

You can schedule a call with me in the link below
topmate.io/timeandtrial