The context of the legal pension in Luxembourg According to a recent report by the IGSS[1], the reserves of the general scheme exceeded EUR 18 billion in 2017 thanks to a dynamic increase in revenue, due to the increase in employment and income, as well as the...
Deduct debt interests on your personal housing loan from your tax return Since the 2017 tax reform, two periods have been taken into account: 1 | The period prior to first occupancy by the owner : Interests expense, financing costs such as the related...
Deduct your “pension insurance” premium from your tax return in Luxembourg In addition to the legal pension fund and a possible Corporate Pension Plan subscribed by your employer for your benefit, you can also subscribe to an individual Pension Plan that...
Married cross-border commuters This montly tax withholding mail («Taux de Retenue sur Traitements et Salaires» or RTS letter) is sent to the married or in civil partnership crossborder workers to define their tax withholding rate percentage to be noted on their...
Tax reform Next to the tax reform, workers and pensioners having worked in Luxembourg either resident or non-resident taxpayers will have the choice betweeen three different ways of taxation in tax year 2018 : Source : February 2nd, 2017 ACD press conference If...
2018 : married cross-border commuters | PACS will have to face a new taxation The second wave of new tax rules will come into force in tax year 2018. By default, married or in civil partnership crossborder workers will be registered in tax class 1 from tax year...