Other Important Changes as per July 1st, 2018
- The maximum deduction of interest on a mort- gage used as private main residence will be lowered from Afl. 50.000,- to Afl. 40.000,- per fiscal year.
- The second bracket of the Personal Income Tax will be lowered
- The AZV-rate for pensioners will be reduced from 10.5% to 6.5% as for the first part of a Afl. 30.000,- pension income. In case the pension income exceeds Afl. 30.000,-, an AZV- rate of 10.5% will apply for the pension in- come exceeding Afl. 30.000,-