Useful Information
General
| Currency | Euro (€) |
| Capital city | Amsterdam |
| Language | Dutch, Frisian |
| Time zone | GMT + 1 (summer + 2) |
| Electricity | 230V / 50Hz |
| Fiscal year | 1st Jan - 31st Dec |
| Telephone code | + 31 |
| Internet code | .nl |
| Lowest point | Zuidplaspolder (7m) |
| Highest point | Vaalserberg (322m) |
| Approx. area | 16,033 square miles |
Tax
Residents of the Netherlands pay tax on their worldwide income. Non residents pay tax only on Dutch sourced income. Tax treaties with other countries ensure that the same income will not be taxed twice in relation to those other countries.
The Dutch tax rate bands start from 35% up to 52%.
30% Ruling
If certian conditions are met 30% of the wages may be paid as a tax-free allowance for extraterritorial expenses, without the need to submit further evidence. This allowance is meant to compensate the employee for the additional costs of the temporary stay in the Netherlands.
An application should be made immediatley upon commencing a contract in the Netherlands.
Other expenses outside the 30% facility may also be claimed such as commuting costs.
Social Security
There are no employee contributions. The employer must make contributions up to a maximum of €585 per month.
Healthcare
Medical insurance is obligatory.
Liberty Bishop
Unit A1, Basepoint Business & Innovation Centre, 110 Butterfield, Great Marlings, Luton, Bedfordshire, LU2 8DL
