On 17 September 2019, the Dutch Budget for 2020 was presented, which includes the Tax Plan for 2020. Key measures of the Tax Plan include:
- The two-bracket individual income tax system will be introduced in 2020 instead of in 2021 as originally planned and the employment tax credit and the general tax credit will be increased;
- The higher corporation tax rate will be maintained at 25% in 2020 instead of being reduced as originally planned, and will be reduced to 21.7% in 2021 instead of 20.7% …