Tax and national insurance contributions and tax credits
You can find information here about tax and national insurance contributions and tax credits.
Tax and national insurance contributions
We deduct ‘loonheffing’ from your AOW pension. ‘Loonheffing’ consists of wage tax and national insurance contributions under the Anw survivor benefit scheme and the Wlz long-term care scheme.
Tax credit
You do not have to pay tax and national insurance contributions on all your income. You can also get a tax credit. This means you will pay less in tax and contributions. You can only get a tax credit on 1 of your sources of income.
Your AOW pension is your only income
In that case, you should ask us to apply the tax credit to your AOW pension. This means you will pay less in tax, and the net pension amount you receive each month will be higher.
You receive an AOW pension (state pension) and a supplementary pension.
Make sure you only use your tax credit for 1 of your sources of income. Otherwise, you will pay too little in tax, which you may then have to pay later. It is usually best to apply the tax credit to your highest source of income.
Find out more about tax credits on the websites of the Belastingdienst (Dutch Tax Administration - in English) and the Consumentenbond (Consumers Association - in Dutch).
You receive a wage or salary, an AOW pension (state pension) and a supplementary pension
In this situation, it is usually best to apply the tax credit to your wages.
Find out more about tax credits on the websites of the Belastingdienst (Dutch Tax Administration - in English) and the Consumentenbond (Consumers Association - in Dutch).
You want to change the way your tax credit is applied
If you want to change the way your tax credit is applied to your AOW pension, log in to My SVB and tell us what change you want to make.