A tax benefit for homeowners who have (almost) repaid their mortgage will gradually disappear. The Senate gave the final blow on Tuesday, after the House of Representatives had recently decided to abolish the so-called Hillen law. The tax deduction is regulated in that law.
Opponents argue that owners will henceforth be fined for paying off their debt properly, and will talk about a fine. Opposition parties 50Plus and PVV tried to prevent the Dutch parliament from voting by speaking for hours.
The four government parties (VVD, CDA, D66 and ChristenUnie), GroenLinks and the OSF party in the Senate, however, believe that homeowners with a repaid mortgage need not be treated differently than other homeowners. In order to mitigate the consequences of the deletion, it was decided to spread out the benefit over 30 years.
The discussion around the Hillen law released the tongues from various organizations. After all the controversy about the reintroduction of a tax on a home without a mortgage, in October the new coalition of VVD, CDA, D66 and ChristenUnie decided to adjust the measure. The 'painful measure' with the notional rental value will be spread over thirty years, and not over the planned twenty years, in order to mitigate the financial consequences.
Funeral insurers must simplify their offer and take care of consumers. They often have no idea what kind of policy they purchase and what they have.
Almost half of the consumers who have a funeral insurance are insufficiently insured for the costs of a complete funeral or cremation, as it turns out. A third of the insured persons do not even know what amount their policy covers. This is what budget advisor Nibud says after a survey of nearly a thousand Dutch people.
A quarter of them think that funeral insurance always pays for the entire funeral or cremation. That is not true: insurance is taken out for a certain amount.
Consumers underestimate the costs of the last greeting. A funeral is estimated at around 6900 euros, a cremation at 6100. Both amounts are not correct: according to the Central Bureau of Statistics an average funeral costs 7500 euros, whether it is burial or cremation.
Nibud is used to the fact that people have little knowledge of the financial ins and outs, but at the funeral insurance "it seems as if it comes a step up", says spokeswoman Karin Radstaak. "Death is to, and for many people far away. Especially young people feel immortal and do not think about a funeral policy. "
Worryingly, Nibud says, because next of kin can be faced with unpleasant surprises. "Sometimes a payment arrangement has to be made for the grave."”
Nibud now wants funeral insurance companies to ask their customers more often what kind of goodbye they have in mind, and whether the premium is sufficient. "Consumers also have to think for themselves more often. Put the costs in a row ", says Radstaak.
Last night the AD reported that, according to sources from The Hague, the new cabinet is likely to put an end to the tax exemption on a redeemed house with great haste. Today Secretary of State of Finance menno Snel confirmed after the Council of Ministers that the 'fine' for homeowners is not introduced earlier than in 2019, as stated in the coalition agreement. However, the government is already starting preparations, because the tax authorities need extra time.
The AD was talking about rumors from The Hague last night that Rutte III wants to make haste with the abolition of the Law Hill, while in the coalition agreement the introduction is only proposed in 2019. Today it appeared that the first steps have been taken to abolish the law. This law regulates that homeowners who have (almost) repaid their mortgage benefit from a tax benefit.
Cabinet Rutte III wants the 2005 arrangement. For new mortgages, you are obliged to pay off if you want to deduct the interest from the loan. Opposition parties screaming murder and fire. They find that with the abolition of the Wet-Hillen people are being punished who just did their best to repay the mortgage debt.
In the WOZ assignment by a municipality, the value is split between the house and the garage, which has a different address. Can the owner still deduct all mortgage interest? In just over half of the calls by consumers, a Tax Telephone employee was able to formulate a correct answer to this, according to research by the Consumers' Association.
"The Tax Telephone does not know it themself," headlines the 'Geldgids' from the Consumers' Association. The association had ten mystery shoppers in fifty calls ask five different questions to the Tax Information Line, about the deductibility of costs for medicines, about the amortization of the car with regard to healthcare costs, about the costs of the architectural report, about the mortgage interest relief after splitting and costs of a lawyer at divorce.
The BelastingTelefoon scores a 5.3 with its answers. But in just over half of the bubbles an answer is given that the caller has something to. The helpline of the tax authorities scores poorly, especially in the care-related subjects. In the question about the deductibility of medicines 8 out of 10 times the wrong answer is given; in the question about the depreciation on the car as healthcare costs this applies in 7 out of 10 cases.
The BelastingTelefoon best scores the question about the costs for the architectural report. In 9 out of 10 cases, the employee himself knows that these costs are deductible if the report is required for NHG's application. The service scores a lot less when it comes to the question about mortgage interest deduction at the time of demerger. Only in 4 cases does the employee know the answer, in three cases the caller gets the wrong answer, in two cases an incomplete reply and in one case the caller is referred.
The consumer association also reveals the correct answer to the question about the mortgage interest tax relief on unbundling. "Yes, on condition that the garage belongs to the owner-occupied home. The caller's garage is in his yard, very close to his home. The garage therefore belongs to the owner-occupied home. The full mortgage interest is deductible, provided that the other requirements are met. "
A car that after a year full of short journeys from home to work and back suddenly has to complete 1500 kilometers in the blood heat through the French mountains, often a caravan dragging behind them - such a car would like to take the brunt to give. What should you take into account if you come to a standstill in the middle of nowhere?
Last week, the ANWB Alarmcentrale received 48% more calls from stranded Dutch than in the previous week. The summer crowds have, in short, begun, with France as a leader. The editors of DFT Geld will give you seven tips if you are not on the road for a while.
This tip applies to those who are not yet on holiday: check your insurance. Being double insured is inconvenient, but not being insured is downright annoying. Your compulsory car insurance can help, but often the coverage is very limited. Becoming a fast ANWB member, such as when you are in bad luck in your own country and calling in the assistance of the Road Service, is unfortunately not possible across the border. If you take out insurance, do so before you turn on the highway.
Most European countries have a Road Service comparable to that of the Netherlands: the ADAC in Germany, the AA in Great Britain, the ACI in Italy, and so on. Our favorite holiday destination, France, is the big exception. It is so bad with the key help in la douce France, that the ANWB in the summer station their own Road Keepers in the tourist areas. If those are not in your area, your car will almost certainly be towed away. Also for futilities like a blown fuse or diesel in a petrol tank. The case is then looked at in a garage.
In the verge of French car routes there are orange emergency telephones, but they also do not provide a mechanic but a towing service. If you are stationary on the motorway or at a resting place next to the motorway, you can call 112 if you do not have a telephone line. Organizations such as the ANWB are not allowed to arrange help. A road tug driver, sent by the police, will tow your car and everything behind it. Also in Germany, tinkering on the emergency lane is forbidden and your car is towed away. You will receive the bill directly, and you may have to advance from your insurer. In France, standard rates of € 123.56 inclusive of VAT apply during the day, between six o'clock in the evening and eight o'clock the next morning it costs € 185.34. The towing of caravans, campers and the like is a few tens more expensive. Do not just pay more than those amounts, and consult the emergency center when in doubt.
Insured or not, if you are out of luck or are driving damage, you will sooner or later have to withdraw the wallet. A motorway liner gets his money from you in many cases, and you have to declare it to your insurer again. Naturally, a repair costs money, and a lot too: the hourly rate of garages can be higher than in the Netherlands, and not all countries (read: not in France) work with refurbished parts.
It is also possible that you do not have to buy one, but two or four new tires after a blowout. These are legal provisions, a garage owner can get into trouble if he does not comply. Therefore do not discuss it either.
And so make sure you have enough budget to not let your entire vacation budget go down on car trouble. The fact that you have to buy a new part and your own garage mechanic can assemble a refurbished copy is seldom a reason to bring your car back to the Netherlands for repair.
What you may also have to pay yourself: the deposit for a rental car if you have to leave your own holy cow at the garage for a while. Then a credit card is really indispensable. Most Dutch people have one, and if you do not have one yet, it is no superfluous luxury to request one. Also include the telephone numbers of the credit card company in case you unexpectedly have to raise the card limit.
You can not claim a repair from your insurer, but many other things do. Probably in the hectic and stress associated with a broken car or other holiday discomfort is not immediately clear what you can declare to which authority (do not forget the travel policy!). Therefore keep all receipts and invoices, and take a good look at all the policy conditions at home. Can you still get that taxi or extra hotel stay? And nothing is as frustrating as finding out that you were entitled to something and then unable to find a receipt.
Emergency centers are busy in the summer, especially towards the end of the holiday when many people have to come up with a smoking engine the day before they return to school or work. If you speak a little bit of the language of the country you are in, you may be able to do a lot yourself. Then you pay a lot in advance, but if you do not arrange a larger car or reserve a room in a five-star hotel while you are actually camping, the insurer usually agrees.
A wise lesson: always consult with the alarm center. You would not be the first to go back to the Netherlands on your own, and get a phone call that you can pick up the repaired car halfway through France.
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