Year-end pointers: top tax tips for the end of 2024 and the start of 2025

With the year drawing to a close, this is an excellent time to take a moment to wrap up 2024 and to look ahead to 2025. What changes await you as of 1 January 2025, and what should you take into account before 2024 ends? We are happy to share our Year-End Pointers with you, packed with important points of attention for individual taxpayers, entrepreneurs and employers.  Our pointers may help you enter the new year well-prepared.

Update 26 November 2024: The House of Representatives recently approved the 2025 Tax Plan with a number of amendments. Your advisor would be happy to discuss whether this affects your tax position. Read more about a number of striking changes here. The Senate is expected to vote on the Tax Plan on 17 December 2024.

Key points at the turn of the year

In our Year-End Pointers, we discuss the points of attention that are relevant to you. Such as what new obligations apply in 2025, what matters you need to take care of before the end of 2024, and which measures offer a little more time for preparation.

On Budget Day, the Dutch cabinet presented the 2025 Tax Plan. Although the Tax Plan has not yet been fully debated and approved, a number of the proposed legislative changes are set to come into force on 1 January 2025. It is important for you to take note of the tax consequences of these proposed plans, as well as those of known changes in 2025.

Discover our Year-End Pointers

We have summarised some key pointers and provided an overview by topic. Download our Year-End Pointers to read more about:

Seek professional advice

 Would you like to know more about which measures may affect your situation and what steps you may want to take before the end of the year? Our advisors would be happy to discuss the tax consequences and opportunities for you and your business.

Please note: in addition to annually recurring points of attention and specific pointers for 2025, our Year-End Pointers include a number of pointers regarding legislative proposals that have not yet been approved by the House of Representatives and the Senate. This means it is possible that changes may yet occur, which may influence your position. Consult your Baker Tilly advisor for the latest state of affairs.

The legislation and regulations in this area may be subject to change. We recommend that you discuss the potential impact of this with your Baker Tilly advisor.