Already an account? Log in

    Try Payroll Rendement

    With 13 published issues in a calendar year Payroll Rendement offers the most up to date answers to your professional questions with news, themes and articles.

    Subscribe to Payroll Rendement for the next three months for only € 3, excluding VAT (normal price is € 99 per year). This offer applies to a business trial subscription, valid until cancellation.

    Fill out the form below and subscribe

    Are you interested in similar English publications? Rendement also offers (about Dutch HRM regulations), (about Dutch tax regulations) and (about Dutch financial SME-news). Try these publications for three months each for € 3, excluding VAT. Normal price is €99 per year.

    Promo code (when available)

    We ask you to agree to our General Terms and Conditions and read our Privacy Policy.

    When clicking on subscribe, you automatically give permission to receive the newsletter and offers, with which we inform you about relevant products and services of Rendement Uitgeverij BV. If you do not want this, please contact us via You can also withdraw the consent at any time by clicking on the unsubscribe link at the bottom of each email.

    The end of the life-course savings scheme is now really here

    The ‘levensloopregeling’ (life-course savings scheme) will officially come to an end on November 1, 2021. On this day, all savings not yet taken out will be made available to the respective account holders. Although the scheme was already discontinued in 2012, transitional arrangements were implemented for account holders who had enough balance on their life-course savings account by the end of 2011. The remaining balance would eventually have to be taken out by October 31, 2021 at the latest, either by having an employer add it to regular salary payments or by converting it into extra pension on grounds of a special pension regulation. Any savings taken out of a life-course savings account – which the respective savings institute will transfer upon request – and paid to an employee must be declared as wages from current employment in the payroll tax return. For employees who were 61 years of age or older at the start of 2021, the life-course savings taken out and paid must be declared as wages from previous employment. In the latter case, you will not have to pay any employer’s contributions on it.

    Share this article on: