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What is Ingehouden Loonheffing?

Ingehouden Loonheffing is the sum of advance payments made for income tax and social security. These are deducted by the employer from our salary throughout the duration of the contract. It also determines the maximum we can earn during the settlement. Terms such asloonbelasting/premie volksverzekeringen or loonheffing are also used to describe Ingehouden Loonheffing.