'Savers subject to final assessment for 2023' · Accounting This Morning

The taxpayers' association (BvB) told the FD that savers in Fund 3 would be dependent on investors at the final tax assessment of 2023 because they would not receive a deferral. While the upcoming Supreme Court ruling in the Box 3 case is also important for them.

Because the Supreme Court has not yet ruled on the temporary wealth tax in Box 3, taxpayers who declare investment credits in Box 3 will get a deferral of their final 2023 tax assessment. But anyone with their assets in a savings account must already make a final settlement about the assumed return. . The interest group believes this is not fair.

A decision will not be made until the end of the summer

The Supreme Court has yet to decide whether the government's recovery operation following the Christmas ruling – in which it ruled that capital gains tax was inconsistent with European rules – and the associated temporary regime are acceptable. That ruling is expected to be issued in August. Meanwhile, no final tax assessment has been imposed on investors for 2021 and 2022, and the same applies to 2023. Outgoing Secretary of State Van Rij (Tax) wants to prevent investors from objecting after a potentially favorable ruling.

Fixed return modified later

Savers will receive a final assessment for 2021, 2022 and 2023. Jorgen de Vries, head of the Taxpayers' Association, said circumstances had now changed and the 650,000 savers should also be given a reprieve until the Supreme Court issues its ruling. In 2021 and 2022, the assumed return on bank and savings deposits was 0.01% and 0%, respectively. For 2023, the fixed yield is set at 0.92%: higher than the 0.36% used in the 2023 interim assessments. The Supreme Court could rule in August that the fixed interest rate must be set at the beginning of the tax year in question to give savers clarity.

Account audit

Van Rij did not want to give savers a deferral because they had always earned interest of more than 0.92% last year. But de Vries says no interest is paid on current accounts: if the money is in such an account, you pay tax without any interest income behind it. Savers now have no choice but to object to the assessment themselves to protect their rights.

Source: F.D