BUDGET: the main points of Budget 2007

20th September 2006, Comments 0 comments

20 September 2006, AMSTERDAM — Here are the main points of the 2007 Budget outlined by Finance Minister Gerrit Zalm on Tuesday:

20 September 2006

AMSTERDAM — Here are the main points of the 2007 Budget outlined by Finance Minister Gerrit Zalm on Tuesday:

  • A budget surplus equal to 0.2 percent of Gross Domestic Product (GDP)
  • National debt to decline below 50 percent of GDP
  • Purchasing power up by an average of 1 percent
  • Premiums for Unemployment Insurance (WW) down an average of EUR 200 per year
  • Reduction in tax rates, saving an average EUR 115 per family
  • Company tax down to 25.5 percent
  • Children's allowance up by EUR 35 per year
  • Child care made cheaper / compulsory employer contribution introduced
  • Subsidy to limit increase in healthcare premiums
  • Measures to limit staff shortages in nursing homes
  • Better supervision of inmates on temporary release from TBS behavioural modification clinics for convicted criminals / more TBS places
  • Measures to make volunteer work more attractive
  • Extra money for expensive medicines
  • General salary tax deduction (Arbeidskorting) up by EUR 20 per year
  • Supplementary combination deduction (Aanvullende Combinatiekorting) up by EUR 80 per year
  • Extra money for debt relief assistance
  • Hundreds of extra police
  • Measures to improve public safety and the environment in the major cities
  • More money for anti-terrorism
  • Measures to cut child welfare waiting lists

[Copyright Expatica News 2006]

Subject: Dutch budget, Dutch news

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