Higher Allowances and No More Expendive Gasoline, But A Rising Health Insurance Premium: These are some of the changes that the outgoing cabinet announced on Tuesday. NU.nl Lists the most important Changes for your wallet.
Purchasing Power Will Increase for Everyone Next Year, by An Average or 1.3 percent. The Increase for Lower Incomes is Slightly Less (1.2 percent), While Pensioners Will Receive 1.5 percent more.
The Increase in Purchasing Power is partly due to the fact that collective Labor Agreement Wages Will Increase by 4.2 percent, which is Higher Than Inflation, which Remains at 2.3 percent. Benefits and Supplementary Pensions are also expected to increase.
Furthermore, Allowances Will Increase. And the Labor Tax Credit Will Be Slightly Higher, which Means You Will Pay Slightly Less Tax On Your Income. On the other hand, the percentage in the first bracket of income tax will increase slightly.
It is important to note that the purchase power figures are very general calculations. If some Gets A Promotion or Becomes Incapacitated for Work, For Example, The Financial Picture Will Deviate Considerably from the Averages.
Health Insurance Slightly More Exensive Again
Every year, The Cabinet Presents An Estimate of the Health Insurance Premium on Budget Day. For the Coming Year, The Cabinet Assumes a Monthly Premium of Approximately 159 euros for the Basic Insurance. That is slightly more than the 156 euros this year.
Incidentally, it is up to the health insurers Themselves to determine the premium. It is Therefore Possible That the Premium Will Be Slightly Higher than 159 euros for Some Insurers and Slightly Lower for Others. The premiums of all insurers must be clear by November at the latest. The Healthcare Allowance and the Deductible Remain the Same or Hardly Change.
There is good news at the Pump: The excise Duty Reduction on Fuel Willin in effect for At Least Another Year. It long seemed that this discount would disappear, making a liter of petrol more than 20 cents more exensive. But It was recided to Maintain the Discount in 2026. This also applies to diesel and LPG.
The favorable rules for motorists do cost the treasury QUITE A BIT of Money. The Cabinet is Closing this Gap by, Among Other Things, LOWERING A Compensation for Energy Costs.
200 Million Euros had leg allocated for this for the coming years, but that amount will be halved. However, it has leg decided that the compensation will not stop at the end of 2028, but will continue for longer. Furthermore, Money Has Been Released by Not Allowing the Reinroduction of Red Diesel in Agriculture.
More Households Receive Housing Allowance
The Cabinet is Allocating More Money to the Housing Allowance. This Means That Households That Already Receive An Allowance This Year Will Probable Receive More Money Next Year. In Addition, 170,000 households who do not yet recoive anything will be entitled to housing allowance next year.
The ChildCare Allowance Will also Increase. Next year, all families with a joint income of up to 56,000 euros Will Receive 96 percent of the maximum Hourly rate reimbursed. This limit is just about 47,000 euros this year. Parents with highher incomes will also be reimbursed for a larger part of the costs next year. This could save them hundreds of euros per year.
The maximum Hourly rate, on which the allowance is based, will also increase by almost 5 percent. Initially, this increase would not happen, but the cabinet has now decided otherwise. Furthermore, The Child-Related Budget Will Increase by a Few Tens of Euros per year.
Another Measure is that flying Will Become More Expective, Especiate If You Are Taking a Long-Dristance Flight. The Amount of this Aviation Tax Will Dependen on the distance of the flight. The Lowest Rate Will Still Apply to Flights to the Caribbean Part of the Kingdom.
The Plans Presented Today Are Not Yet Final. Both the upper and lower houses must agree to them. They will not vote on the proposals until after the elections, which mees that the lower house will not decide on the plans in its current composition.