Deal reached on spring budget statement, but details remain under wraps

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The four coalition parties have reached agreement on the government’s spring budget statement and will now submit the plans to the opposition for them to consider, Prime Minister Mark Rutte told reporters.

Once opposition parties have had their say, the declaration will be finalized before being released to the public, Rutte said after a long night of negotiations.

The prime minister declined to go into detail about what was on the table, but said he wanted to see broad agreement in parliament on the plans. The current coalition does not have the support of the majority in the Senate and must rally some of the opposition parties.

There are “a huge number of variations” for the final plans, Rutte said.

In total, ministers must find 10 to 15 billion euros to compensate for additional expenditure due to soaring energy prices, MPs’ insistence on increasing the state pension and compensating those affected by the tax on savings now abolished illegal. Defense spending should also increase to achieve NATO goals.

Options being discussed include canceling plans to cut corporation tax on profits up to €400,000 and ending the 30% ruling, tax relief for some international workers brought in from abroad. stranger, NOS said Thursday.

According to RTLZ, the coalition has also decided to only compensate people who have officially protested against excessive taxation of their savings – around 60,000 in total. RTLZ does not mention the 30% rule as one of the options.

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