Finance

Published: 
16 January 2014
Modified: 
11 March 2014

In this section you will find all the information on banking and taxes (government and municipality).

Banking

Once you are registered in the Netherlands and have obtained your citizen service number (BSN), you can open a bank account.

Credit cards are often not accepted for small, everyday transactions, whereas debit cards (pinpas, bank pas) are frequently used. It is also useful to carry electronic cash on your smartcard (chipknip) since it is the only possible method of payment at some vending machines and parking metres in certain cities.

Direct debit or pre-authorized payment from your bank account is the most common method for paying regular bills, and it is sometimes used for one-time purchases as well.

On the ACCESS website you find information on banking in the Netherlands and links to different banks. Also listed is the ACCESS guide "Banking, taxation and personal finance" where you will find more information about opening a bank account, currency, day-to-day banking activities, how to pay, other forms of banking, and useful websites.

National taxes and benefits

On the website of the Dutch government immigration you can find information on the following taxes or benefits: child care benefits, health care benefits, home ownership benefits, housing benefits, income dependent child benefits, income tax return, living abroad while working in the Netherlands, removal goods and working for an employer.

The 30% ruling is a tax reimbursement scheme designed to compensate the expenses highly skilled migrants and scientific researchers incur due to temporary residence in the Netherlands. Find more information on the 30% ruling and download the application form.

Local taxes

Every year you will receive, from the municipality in which you live, a bill for taxes to be paid on things like waste, sewerage charges and property tax. For any questions regarding these, please contact the municipality you are settled in (the department of public services, municipal tax department). Please note the deadline for payment, as some carry a fine for late payment.

Den Haag (The Hague)

Visit the municipality website for more information about local taxes.

Rijswijk

Visit the municipality website for more information about local taxes.


Published: 
16 January 2014
Modified: 
11 March 2014