Hi,
I don't exactly knows how they do that, but I was once offered a role there with 75% take home pay. I know in Belgium it is possible as well (even more: 80%). You will indeed be NL resident for that. Anyway, if your "normal place of work" is the NL, you will most probably have to pay the equivalent of NIC taxes there. On top of that, you will most probably be considered NL resident for income tax purpose, so you will pay your personnal (not the income of your company if you have one) income tax there as well.
This is a complex matter, so you should definitely take advise from some expat tax adviser there. You will probably pay for that, but nothing valuable comes for free in this world.
However, here in the UK, I will make around 85% take home pay, which is even better! (If the taxman do not shoot me in the process!)
Cheers,
Fabrice
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I'd like to know how this happens too. Currently I get about 65% of gross and that is including the 30% tax ruling. 75% seems like a lot to me...Originally posted by triboix
PadinkaLeave a comment:
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You have my attention
Fabrice, now you have my attentionOriginally posted by triboix
75%, do you have a reference point or further information on this?
I would appreciate any advice or help.
HigsLeave a comment:
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If you meant "life in the New Liabour regime" then I agree. If you meant Netherlands, then the cost of living is yet substantially below then UK.Originally posted by triboixLeave a comment:
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Do you mean being taxed in NL as a resident, as opposed to being taxed in NL as an expat? I would be interested to know what the advantages of that might be. The only one I can think of is the tax allowance if you are going to have a house loan.Originally posted by triboix
(I hope you don't mean not being taxed in NL at all, since that is quite unlikely to be legal).Leave a comment:
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Why work through the NL tax regime?
Hi Higs,
If you intend to relocate to the Netherland, you may consider working through their local tax regime. You can get around 75% of the invoiced income in your pocket. You should seek local advice for that.
The rate looks very good to me, but live is not cheap in the NL!
Cheers,
FabriceLeave a comment:
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I don't know. My position was different so I didn't have the same calculation.Originally posted by HigsLeave a comment:
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Thanks expat...
With the 30% ruling and not using a Ltd. Maybe just using an umbrella agency, how much do you think this would net a month.
Grosss you have: 550 * 20 days = 11000. Would you get 5k net?
CheersLeave a comment:
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It seems OK to me.Originally posted by Higs
Don't forget to research your tax position, esp. "30% expat rule". Note: working though your Ltd Co is normally not allowed in NL. But you didn't ask about that.Leave a comment:
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Billing rates in the Netherlands
Hi,
Apologies if this thread is repeated. I am newbie to the contracting arena and have just started to negotiate on a contract position in the Netherlands.
They have offered me 550/day for an Oracle/PL/SQL role.
Does anyone have an opinion on whether this is good/bad/indifferent.
Cheers
Higs
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