Reader question: Concerns accrued pension under own management

Hi Ed,

I also did that on my own. I do not pay any tax in the Netherlands, but important: make sure you register a director with the Chamber of Commerce without any power of attorney. Has ended up otherwise the tax authorities will provisionally seize for a number of years (max. 10) this is called preservative attachment. It is the intention, of course, that the BV will continue to exist and that it will file an annual return. It is therefore treated in the same way as a pension fund. The reserve for pension benefit must of course be in the bank in accordance with the balance sheet. At the time I opened special savings accounts at my bank to store the pension money there so that it is clear to everyone. In my case, even 2 accounts: one with the balance for next year, which yields interest, not much, but still, and one for the current year, with the balance on December 31, of course, at zero. And all arranged via automatic transfer. No worries. And you do pay your pension to your private account every month. What amount? You have to figure that out with your life expectancy. If not completely clear? email me [email protected]

The tax authorities like to use that art. 18.2 and says that the payments are at the expense of a company established in the Netherlands. That is of course if the own invested money goes nonsense.
Unfortunately, the court in Den Bosch has ruled in favor of the tax authorities.

Everyone gets the protective assessment of 10 years and that is a nonsense assessment, which only enables the tax authorities to collect, for example, in the event of surrender.
Normally, someone who receives his benefit according to the rules does not suffer from this, moreover, the assessment expires after 10 years.

More important is the note published last Tuesday.
The tax plan of 2017 includes the reduction of pension in-house!!

We can't make it more fun.