The rules for having savings have changed compared to
2024. We have listed all the related questions and answers. So after reading this blog, you will know how much tax you have to pay on your savings.
How much savings can you have in 2025 without having to pay tax on them?
The tax-free allowance, the amount on which you pay no tax, has been set at €57,684 per person for 2025. For fiscal partners, a joint tax-free allowance of €115,368 applies. (
Belastingdienst)
What falls under the tax-free allowance?
The tax-free allowance includes not only your savings but also other assets such as investments, a second home and cash. When calculating your total assets, you may deduct debts, but a threshold applies: only the portion of debts above €3,200 per person is deducted. (
Belastingdienst)
Tax on savings above the tax-free allowance
If your total assets exceed the tax-free allowance, you pay a capital gains tax. In 2025, the rate for this remains 36%. The Tax and Customs Administration calculates this tax based on a deemed return, which is taxed at the aforementioned rate. (
Belastingdienst)
Impact of savings on allowances
Your assets can also affect allowances such as rent allowance and healthcare allowance. For 2025, the exact asset thresholds for these allowances have not yet been announced, but these thresholds are usually indexed annually. It is important to keep an eye on these thresholds, as exceeding them can lead to the loss of entitlement to certain allowances. (
Consumentenbond)
Why does the government levy tax on savings?
The tax on savings is intended to distribute the tax burden fairly among people with different assets. People with more assets generally generate more income from interest or investments. The capital gains tax ensures that everyone contributes proportionally to the tax system.
Tips to minimise tax on savings
Do you want to pay less tax on your savings? Consider the following strategies:
- Green savings: Investing in government-recognised green projects can provide additional tax benefits. In 2025, there is an additional exemption for green investments, meaning part of your assets are not taxed. (Financieel Onafhankelijk Blog)
- Saving for your pension: Setting aside money for your pension, for example via an annuity insurance, can offer tax advantages. Such pension products fall outside the capital gains tax, so this part of your assets does not count towards your taxable assets.
- Deducting debts: Debts above the threshold can reduce your taxable assets. However, it is important to calculate whether the tax advantage outweighs the cost of the debts.
Frequently asked questions about savings and tax
How can I reduce my tax burden without green investments?
In addition to green investments, you could consider saving for your pension or restructuring your savings into other investment forms with a different risk profile.
What happens if my assets fluctuate?
The Tax and Customs Administration looks at your assets on 1 January of the tax year. Fluctuations during the year are not taken into account in the tax calculation.
Why can savings affect my allowances?
Allowances are intended for people with limited assets. By applying asset thresholds, it is prevented that people with high assets qualify for this financial support.
Conclusion
It is essential to stay informed about the tax rules regarding savings and assets. By managing your assets strategically and making use of available exemptions, you can reduce your tax burden. The tax-free allowance provides room to save tax-free, and by investing in green projects or pension products, you can optimally benefit from tax advantages.
Note: tax rules may change. For the most up-to-date information, consult the website of the Tax and Customs Administration or a tax advisor.
Curious about the rules for 2024? Read our blog about
savings and tax in 2024.
