Dear Editor,
My name is Alex Richardson, and I took a look at the Tax Tables 2020 that’s currently used during payroll and I wonder why many pensioners really not looking to work seeing they have the time and could use some extra income. My review of the tax table was very alarming as the tax per centages are very high and the tax tables are full of mistakes. I didn’t review all the sheet for it took a very long time as I took a look at 2017 and 2018 as well.
The taxes within recap sheet show that the percentages are too high and the pensioners working at retired taxes apply need to set a maximum.
I hereby submit some examples to highlight the actual effects of the taxes that the people are facing.
- Example shows pension collected will have to be added into the 10.414.18 per month and will cause a tax due for the sum NAf. 16.771 that’s to be paid from my pension 23.007 (72.9 per cent). I did look at the little deductions that are possible but the general sense of the tax tables. Of course this is an extreme example.
- Work 21.600 taxes 12.5 per cent = 6.828.91-29.7 per cent
- Work 1.800 monthly taxes 51.17-2.8 per cent
- Work 900 Quincena 32.72-3.6 per cent
- Real life 1.800 guilders monthly with my pension taxable 26.25 per cent
- That means the monthly 1.800 cost 2.8 per cent but at the end of the filling 11.709.14 meaning the government needs to set a cap on the pensioners and the tax tables are no good. What is 2.8 per cent due on an income of 1.800 monthly plus the recap percentages don’t reflect the tables and the percentages too high.
Recommendations are as follows:
- Used only percentages
- Set a cap 12 per cent maximum on the overall income of pensioners so they are able to work again.
Hope to have informed you truthfully as it is.
Yours truly,
Mr. Alex Richardson
