How is my loan to Valvest taxed in The Netherlands (2025)

As a private individual, your loan to Valvest falls under Box 3 of the Dutch income tax system. This means that the loan is included in your total assets, and you may have to pay tax on it.

This does not apply to businesses. If you lend money to Valvest, the interest income will be taxed under the corporate income tax (VPB).

When do I pay tax on my loan to Valvest?

You only pay tax on your Box 3 assets if they exceed the tax-free allowance. The following allowances apply in 2025:

• Single: € 57.684
• With a fiscal partner: € 115.368

If your total assets remain below this threshold, you do not have to pay tax in box 3 over your assets.

📊 Example calculations (2025)

✅ Situation 1: No tax due

• You have € 50.000 in savings and € 5.000 loaned to Valvest.
• Total assets: € 55.000 Since this is below the tax-free threshold of € 57.684, you do not pay any Box 3 tax.

💰 Situation 2: Tax due

• You have € 80.000 in savings and € 10.000 loaned to Valvest.
• Total assets: € 90.000
  This exceeds the exemption by € 32.316 (= € 90.000 - € 57.684), so you will be taxed on this amount in box 3.

📉 How much Box 3 tax do I pay in 2025?

The Dutch Tax Authority calculates tax in Box 3 using a deemed return on different asset categories. The following percentages apply in 2025:

• Savings: 1.44% per year
• Investments and loans (such as loans to Valvest): 5.88% per year

The tax rate is 36% on the deemed return.

For the example with € 90.000 in assets:

Calculating the deemed return:

• Deemed return on savings (€ 80.000 × 1.44%) = € 1.152
• Deemed return on loans to Valvest (€ 10.000 × 5.88%) = € 588
• Total deemed return (€ 1.152 + €588) = € 1.740

Calculating the taxes:

• Taxable portion of assets: € 32.316 / € 90.000 = 35.91%
• Taxable return is € 1.740 * 35.91% = € 625
• Payable tax (36% of € 625) = € 225

In this case, you would pay € 225 in Box 3 tax on your assets for 2025.

🔄 Can I choose to be taxed on my actual return?

Yes, you can opt to pay tax on your actual return for 2025. In this case, the tax is calculated directly on the interest that Valvest pays you. This may be beneficial if your actual (net) return is lower than the calculated total deemed return as calculated above.

🏢 How does it work for businesses?

If you invest with your business, a loan to Valvest is considered interest income and is taxed under corporate income tax (VPB).

⚠️ Do I need to report my loan to Valvest myself?

Yes, Valvest does not withhold or pay tax on your behalf. You are personally responsible for correctly reporting your loan in your tax return.