Actual return box 3 law (from 2028)
What does this law - which, incidentally, has yet to be adopted - mean for private real estate investors? Some broad outlines: it is certain that tax will only be levied on an increase in value when the real estate property is sold. This is an exception to the main rule that actual returns on, for example, shares, bank balances and receivables are taxed on the basis of annual capital gains.
A capital gains tax will thus apply in respect of real estate. Regular rental income will be taxed in the year of receipt. What is completely new is that maintenance and management costs will be allowed to be deducted (from rental income) from 2028. Loss relief will also be possible: any losses in Box 3 can be offset against actual returns from subsequent years.
Own use of a holiday home will now be taxed based on a so-called real estate addition of 3.35% of the WOZ value. Once this law is passed - amendments are still expected - concrete calculation examples can be made.
