How is my box 3 income for 2022 calculated?

For 2022, there are 2 methods to calculate your box 3 income. We apply the most favourable one. See how it works.

2 methods to calculate your box 3 income

The old method assumes notional distribution of assets. Read how the old method (only in Dutch) works. The new method assumes your actual distribution of assets. For this method, we use notional rates of return that are close to the actual rates of return of your assets. The percentages for 2022 are:

• Bank balances and savings: 0.00%
• Investments/other assets: 5.53%
• Debts: 2.28%

From 1 March 2023, you can fill in your tax return. When you do you will be immediately able to see which box 3 income is most favourable for you. Enter the data from your tax return into our calculation tool (only in Dutch) and calculate your box 3 income from both methods.

The calculation of your box 3 income 2022

This is how you calculate your 2022 box 3 income:

• Use the above-mentioned provisional 2022 rates of return to calculate the return per asset type on 1 January.
• Add the return on bank balances, savings and cash to the return on investments and other assets. You reduce the total by the return on deductible debts. This is your taxable return.
• In addition, you calculate your assets. These are made up of the total of the asset types you have. That is, your assets minus your debts. As for the debts, you first reduce them by the threshold. This is your capital yield tax base.
• You reduce your assets by the tax-free allowance. You now have the basis for savings and investments. You may divide the basis if you have a tax partner.
• You divide your basis for savings and investments by the capital yield tax base and multiply it by 100. Round off to 2 decimal points. This percentage is your share of the capital yield tax base.
• You multiply your taxable return by this percentage. The result is your box 3 income.

You will pay 31% tax on your box 3 income in 2022.

• 2022 calculation example without a tax partner

  You have €150,000 in savings. You do not have a tax partner.

  Step 1: calculate the return per asset type

  Bank balances and savings: €150,000 x 0.00% = €0

  The taxable return is €0.

  Step 2: calculate your assets

  Assets: €150,000
  Deductible debts: €0
  Total assets: €150,000 - €0 = €150,000

  Your total assets (capital yield tax base) are €150,000.

  Step 3: calculate the basis for savings and investments

  The basis for savings and investments is the capital yield tax base minus your tax-free allowance.

  The tax-free allowance in 2022 is €50,650.

  The basis for savings and investments: €150,000 - €50.650 = €99.350

  Step 4: calculate your share of the capital yield tax base

  Divide your basis for savings and investments by your capital yield tax base and multiply the outcome by 100. Round off to 2 decimal points.

  €99,350 : €150,000 x 100 = 66.23%

  Step 5: calculate your income from savings and investments

  The income from savings and investments is your taxable return multiplied by your capital yield tax base share percentage.

  Income from savings and investments: €0 x 66.23% = €0

  You have no box 3 income in this case.

• 2022 calculation example with a tax partner
  You have €350,000 in savings and you have shares worth €50,000. You have a tax partner.
  

  Step 1: calculate the return per asset type

  Bank balances and savings: €350,000 x 0.0% = €0
  Investments and other assets: €50,000 x 5.53% = €2.765
  

  The taxable return is €2.765.

  Step 2: calculate your joint assets

  Assets: €400,000
  Deductible debts: €0
  Total assets: €400,000 - 0 = €400,000

  Your total assets (is the joint capital yield tax base) are €400,000.
  

  
  Step 3: calculate the basis for savings and investments

  The basis for savings and investments is the capital yield tax base minus your tax-free allowance.

  The tax-free allowance in 2022 is €50,650 per person, making €101,300 for you and your partner together.

  The basis for savings and investments: €400,000 - €101,300= €298,700

  You and your tax partner each declare half of the basis for savings and investments, that is €149,350 each.

  Step 4: calculate your share in the capital yield tax base

  Divide your basis for savings and investments by the capital yield tax base and multiply the outcome by 100. Round off to 2 decimal points.

  €149,350 : €400,000 x 100 = 37.33%

  For your tax partner, the outcome of this calculation is the same.

  Step 5: calculate your income from savings and investment

  The income from savings and investments is the taxable return multiplied by your capital yield tax base share percentage.

  Your income from savings and investments: €2,765 x 37.33% = €1,032

  Your partner’s income from savings and investments: €2,765 x 37.33% = €1,032

  You pay 31% x €1,032 = €319 tax on your assets.

  Your tax partner pays 31% x €1,032 = €319 tax on his assets.

• 2022 calculation example with tax partner and various types of assets

  You have €100,000 savings, investments worth €150,000 and a debt of €50,000.

  Step 1: calculate the return per asset type

  Bank balances and savings: €100,000 x 0.00% = €0
  Investments and other assets: €150,000 x 5.53% = €8,295
  The return on the assets is in total €8,295.
  
  Debts:
  The threshold will be deducted from the debt. The threshold is €3,200 per person.
  
  The deductible debt: €50,000 - €6,400 = €43,600
  The return on the deductible debts: €43,600 x 2.28% = €994
  The return on your debts is in total €994
  
  The taxable return is €8,295 – €994 = €7,301.

  Step 2: calculate your joint assets

  Assets: €100,000 + €150,000 = €250,000
  Deductible debts: €43,600
  Total assets: €250,000 - €43,600 = €206,400
  
  Your total assets (the joint capital yield tax base) is €206,400.

  Step 3: calculate the basis for savings and investments

  The basis for savings and investments is the capital yield tax base minus the tax-free allowance.
  The tax-free allowance in 2022 is €50,650 per person, making €101,300 for you and your partner together.
  The basis for savings and investments: €206,400 - €101,300 = €105,100.
  You declare the entire basis for savings and investments, that is €105,100.

  Step 4: calculate your share in the capital yield tax base

  Divide your basis for savings and investments by the capital yield tax base and multiply the outcome by 100. Round off to 2 decimal points.
  
  €105,100 : €206,400 x 100 = 50.92%.

  Step 5: calculate your income from savings and investments

  The income from savings and investments is the taxable return multiplied by your capital yield tax base share percentage.
  Your income from savings and investments: €7,301 x 50.92% = € 3,717
  
  You pay 31% x €3,717 = €1.152 tax on your assets.