Study expenses – Don’t forget to deduct and obtain a tax benefit!

Dutch tax law offers an interesting benefit for students. College fees and costs for study literature are deductible in the year these costs have been made. There is a threshold (depending in which year the study costs were made) which varies between EUR 250 and EUR 500. Costs in excess of this threshold are deductible either without a maximum or with a maximum of EUR 15,000 per year. Continue reading “Study expenses – Don’t forget to deduct and obtain a tax benefit!”