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On 19 September 2023, the Dutch government published the 2024 Budget Plan, as well as changes to tax legislation. In this update, we will summarize the latest proposals and legislative changes that will come into effect in the near future and which are relevant for the Dutch real estate market.
The Dutch government has fallen during the summer and is now functioning as a caretaker government. Even though a caretaker government usually submits fewer legislative proposals because proposals on controversial topics cannot be submitted by a caretaker government. Nearly all tax measures concerning real estate were considered non-controversial.
In addition to the proposals noted above, a number of legislative proposals were already fully adopted and will come into effect automatically as per 2024.
