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Dutch to English translations [PRO] Bus/Financial - Accounting / Payslip | | Dutch term or phrase: Onbel. 30% reg. | This term appears on a payslip, as follows:
Salaris
ZVW Vergoeding
Totaal inhoudingen
Netto tabel
Onkostenverg.
Onbel. 30% reg.
Totaal
My current translation is:
Salary
Healthcare insurance allowance
Total deductions
Net table
Expense allowance
?
Total
The "30% reg." refers to a "30% rule", I believe, but unfortunately I really have no idea what "Onbel." means.
If someone could just explain it to me, that would be a great help.
Many thanks! |
| FBennettKudoZ activityQuestions: 22 ( 4 open) ( 1 without valid answers) Answers: 0
| Local time: 06:24
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| | non-taxable in pursuance of the 30% ruling | Explanation: http://www.e-tax-services.com/news/30-ruling-applicable-to-p...
30%-regeling ook van toepassing op onvoorwaardelijke winstafhankelijke uitkering na vertrek uit Nederland
Een uit het buitenland aangetrokken (ingekomen) werknemer komt onder voorwaarden in aanmerking voor een fiscale faciliteit: de 30%-regeling. Onder de 30%-regeling kan een werkgever deze werknemer een belastingvrije vergoeding verstrekken voor de extra kosten van tijdelijk verblijf buiten het land van herkomst voor de duur van maximaal tien jaar. Hof Den Bosch heeft onlangs in een feitelijke procedure uitspraak gedaan over de vraag of de 30%-regeling ook van toepassing was op een winstafhankelijke uitkering waarop recht bestond na uitdiensttreding. De zaak was vereenvoudigd weergegeven als volgt.
http://www.30percent.nl/?gclid=CI-_6cbRqKUCFRgz3godplQ7TQ
The favourable 30% ruling (or in Dutch "30% regeling") allows expatriate employees to The Netherlands to earn up to 30% of their compensation tax free.
In addition, the 30% ruling also allows you, the expat, to opt for the partial non-residency status. With the partial non-residency status you are exempt from Dutch taxation on your investments (except investments in Dutch real estate). And Americans with the partial non-residency status can also claim a deduction for employment income allocated to non-Dutch workdays.
Finally, with the 30% ruling you and your partner are allowed to exchange your foreign driver’s license for a Dutch driver’s license without having to take time-consuming tests.
-------------------------------------------------- Note added at 26 mins (2010-11-17 20:03:11 GMT) --------------------------------------------------
PS: 'Onbel.' is a common abbreviation of 'onbelast', meaning 'non-taxable'.
-------------------------------------------------- Note added at 13 days (2010-12-01 09:58:18 GMT) Post-grading --------------------------------------------------
@Asker: My answer was automatically selected on the basis of peer agreement and the question was then automatically closed. I see you are relatively new to the site and may not have been familiar with the fact that askers should actually select an answer and then close the question themselves. Cheers! |
| Selected response from:
Jack den Haan Netherlands Local time: 07:24
| Grading comment Selected automatically based on peer agreement. 4 KudoZ points were awarded for this answer |
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7 mins confidence:  peer agreement (net): +3 | |