Tweede Kamer

Bill 34302: Tax Plan 2016

How Parliament voted on the Tax Plan 2016

Adopted by Tweede Kamer

November 18, 2015

FOR: 104AGAINST: 46

Voted FOR

(4)
VVDPvdACDAD66

Voted AGAINST

(7)
PVVSPGroenLinksChristenUnieSGPPvdD50PLUS

Key measures in this bill

  • EUR 5 billion tax relief on labor: reduction of 2nd/3rd bracket rate from 42% to 40.15%
  • Substantial increase of the earned income tax credit (arbeidskorting, +EUR 638)
  • Box 3 reform: abolition of fixed 4% fictional yield, introduction of tiered yield system per wealth bracket

Key figures

Eric Wiebes

State Secretary of Finance (VVD)

Responsible for guiding the Tax Plan 2016 through Parliament.

Party positions

Legislative timeline

Sep 2015Bill submitted

Government submits the most significant Belastingplan in years — EUR 5 billion tax relief

Nov 18, 2015Tweede Kamer vote

Adopted with narrow majority; one of the most contested Belastingplannen in decades

Dec 9, 2015Novelle submitted

Novelle (34.360) submitted after Senate concerns

Dec 22, 2015Eerste Kamer vote

Adopted by sitting/standing vote; VVD, PvdA, CDA, D66, OSF voted for

Jan 1, 2016Entry into force

Major tax relief and box 3 reform take effect