Tax credits (heffingskorting) in The Netherlands and how applied in the income tax return

Tax Credits Heffingskorting. A tax credit is a discount on income tax (Inkonstenbelasting) and social insurance contributions (Zorgverzekeringswet). This means you pay less taxes and premiums. The tax credits you receive depend on your personal situation. What tax credits exist? 1. General tax credit (Algemene heffingskorting): If you reside in the Netherlands and have to…