As all tax systems, the Dutch tax system is complex. Use your favourite search engine and look for ‘Deloitte Tax Highlights Netherlands’. It will give you a brief overview of the working of Dutch tax system. Another helpful website is the English version of the official Dutch Tax Authority. The financial consultants at Van Bruggen Adviesgroep are of course also more than happy to help you understand the (basics) of the Dutch tax system.
For potential property owners it is important to know that interest on a mortgage is only (partially) tax deductible if the property is your main property of residence. The repayments are never tax deductible. There is no capital gain tax in the Netherlands for gains on the selling of your main property of residence. However, selling you property with a profit can have fiscal consequences in certain circumstances. Ask you financial consultant for the details.
Are your costs not included in these lists? Do you have other questions considering your Dutch mortgage? Please do contact us. We are looking forward to helping you.