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Onbel. 30% reg.

English translation: non-taxable in pursuance of the 30% ruling


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:Onbel. 30% reg.
English translation:non-taxable in pursuance of the 30% ruling
Entered by: Jack den Haan
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19:36 Nov 17, 2010
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!
FBennett
Local time: 06:24
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.


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Note added at 26 mins (2010-11-17 20:03:11 GMT)
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PS: 'Onbel.' is a common abbreviation of 'onbelast', meaning 'non-taxable'.

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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



Summary of answers provided
4 +3non-taxable in pursuance of the 30% ruling
Jack den Haan
4 +3Non-taxableAnnabel Rautenbach


  

Answers


7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
Non-taxable


Explanation:
I.e. Tax free, depending on the country's tax system, certain fringe benefits/income may be non-taxable.

Annabel Rautenbach
Local time: 07:24
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in AfrikaansAfrikaans
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Joost Simons: Yes, it basically means that 30% of your income is tax free. This facility applies to some expats working in Holland. "Onbel." stands for "Onbelast".
12 mins

agree  kamilw: yes, I was subject to this rule when working in NL
42 mins

agree  Chris Hopley: I'd go for "tax-free" rather than non-taxable because of the way the facility works
1 hr
Login to enter a peer comment (or grade)

23 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
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!

Jack den Haan
Netherlands
Local time: 07:24
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
PRO pts in category: 35
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  kamilw
26 mins
  -> Thanks, Kamil.

agree  Chris Hopley: your quote uses the term "tax-free" which I think is more apt than "non-taxable" here, given the mechanism behind the 30% ruling.
1 hr
  -> Thanks, Chris. In general, I would agree with your preference for tax-free but in the context of a payslip... ?

agree  Kitty Brussaard: Goed onderbouwd antwoord!
17 hrs
  -> Bedankt Kitty.
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Changes made by editors
Dec 1, 2010 - Changes made by Jack den Haan:
Created KOG entryKudoZ term => KOG term


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