Tax Credits (Allowances): Who Qualifies and What You Get
Learn how to claim monthly financial support for your rent, healthcare, or childcare costs based on your household income.
Tax credits are monthly financial payments provided to help households cover specific essential costs. These allowances are designed to support people based on their annual income levels.
Who it's for
This scheme is available to low to middle-income households. Your eligibility is determined by how much your household earns annually.
What you get
You can receive monthly payments to help pay for several different necessities, including:
- Your rent
- Healthcare costs
- Childcare expenses
What it costs you
There is no direct fee to apply, but you are required to provide an accurate estimation of your annual income.
The catch to know
The system relies on your estimated income being correct. If you end up earning more money during the year than you initially reported, you will be required to pay back the extra money you received. This can result in a large, unexpected bill.
How to apply
- Estimate your total household income for the year.
- Visit the official government portal to submit your details.
- Update your information immediately if your income changes during the year.
- Check the official portal for current rates: https://www.toeslagen.nl