Sunday, June 29, 2008

Dutch to Lose Income Due to Cuts in Tax Deductions

Millions of Dutch will have to cope next year with an enormous rise in the cost of health insurance (zorgkosten). This is because the government) wants to cancel the tax deductions on eyeglasses, orthodontic work and speech therapy. According to as yet unpublished calculations of the Federation of Dutch Trade Unions (FNV) families may lose hundreds to perhaps even thousands of Euros a year because of the changes in the tax regulations.

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