No transfer tax sale monument and more deductions

Miscellaneous yankeeray1 August 8, 2016 14 1
Buy a national monument, as this is often fiscally advantageous. In 2011 and 2012 through the subsidy program BRIM also 58 million euros. Demand as a subsidy for your monument and calculate your tax. I give you two calculation rules to calculate these deductions. You paid in 2010 to transfer tax and have tax deductions for your income tax return. As of June 15, 2011 you will pay 2% tax instead of 6%.

Buying a monument

In our country we have four kinds of monuments, each with their own characteristics and qualifications:
1. A national monument
A national monument designated by the government and protected. The 55 000 national monuments in our country are legally protected by the Monuments. Rijksmonument be at least 50 years old and of cultural and historical value. You need a separate license if you want to remodel. The Government is working hard, the number of required licenses needed to adapt a national monuments to be reduced. National monuments fall under the 1988 Monuments and Historic Buildings.
2. A provincial monument
A provincial monument designated by the province, the provincial monument. The province of Limburg has an independent provincial heritage policy.
3. A municipal monument
A municipality can put a lien on municipal monument, when a property is local or regional importance.
4. A conservation area or protected village
A conservation area or protected village is an environment with buildings that have so-called iconic historical characteristics. This environment, built and unbuilt, is additionally protected by imposing additional rules to a zoning or permit.

No transfer tax to buy monument to January 1, 2010 and thereafter grant

Since May 1, 2009 applied to everyone, that no longer transfer tax has to be paid for the purchase of a monument. Thus temporary transfer tax as fine move abolished. Thus saving 6 percent tax. On a pledge of 300,000 euros is 18 000 euro. Worth so. This is a temporary measure until January 1, 2010 following a court ruling and does not apply to the other monuments. Previously gold as a requirement that the buyer for 25 years had to have the conservation of monuments goal. In practice this meant that they had to have at least one monument owned for 25 years. This requirement is now due: even if the monument is sold within 25 years, an exemption from transfer tax is retained.

Additional funding since January 1, 2010

With the elimination of the exemption for the transfer tax is estimated at 23 million euros per year. These amounts are for 2010 and 2011 added to the budget of the Ministry of Education and Science, while the transfer tax just turn is put at 6%. From 2011 there are 58 million. For 2010, the distribution of subsidies are as follows:
  • 15 million for redevelopment and large restorations.
  • 8 million for organizations for monument preservation.

Transfer tax from June 15th 2011 to 2%

The transfer tax is reduced for more than a year to 2% for the period June 15, 2011 until July 1, 2012. The charge higher transfer taxes paid reclaim the tax authorities will not succeed. Indeed, on June 10, 2011 the Supreme Court ruled in a case brought by a private buyer in order to recover all transfer taxes paid in full. Concerned buyer had paid in 2008 for his monument 6% and found that the ruling of May 2009 had been retroactively applied. The Higher Council has rejected this claim.

Grant monument in 2011 through the new BRIM

As of January 15, 2011 you can apply for a maintenance grant through the new BRIM, the Decree on Government Subsidy Monuments Conservation. You do not have to send financial coverage plan anymore. In addition to the grants, you can also opt for a loan at a low spring at the National Restoration. In total, in 2011 an amount of EUR 58 million for the funding of national monuments. In 2011 funding is for the first time available for the rich archeological monuments such as prehistoric burial mounds and dolmens. In 2011, less distinct categories and the application for subsidy further simplified. The three categories are:
  • Church buildings.
  • Houses.
  • Other monuments.

Not every category is as much in percentage terms for eligible:
  • Church buildings for up to 65 percent of the costs eligible for a grant.
  • Houses and other monuments can get up to 60 percent subsidy.

To find out if you are eligible for the subsidy, you can go through a simple test developed by the National Office of Cultural Heritage.

Conditions subsidy monument

Conditions for a grant for a monument are:
  • The grant is necessary for the preservation of the monument.
  • The so-called conservation plan, which must be submitted with the application, must be sober and effective.
  • This conservation plan covers a period of six years.
  • When your application is accompanied by an architectural inspection. This report may not be made earlier than two years prior to the first year covered by the application.
  • You will not receive by virtue of another state subsidy subsidy and is not otherwise by third parties, for example through insurance, provide for the costs incurred.
  • Prior to submitting the application may not yet have begun the work of restoration of the monument.

How much can I deduct tax costs on a listed building in 2011 and 2012?

Let me give you two rules for calculating the tax deductibility of the cost of refurbishing a monument. For when the monument also your your own home and when your second property is:
calculation rule home
The formula for a monument as the main house is the following:
F K = 0.0075 * W
F = Tax-deductible amount.
K = costs for maintenance or preservation.
W = WOZ value.
It might look a little complicated, but the bottom line is that you can deduct the cost minus 0.75% of the appraised value according to the Real Property Valuation Act.
calculation rule second home
A second home is in box 3 of the income tax. The IRS assumes that you make a return on equity of 4%, which you must correct. This gives the following formula:
F = K * E 0.04
F = Tax-deductible amount.
K = costs for maintenance or preservation.
E = Economic value.
So you take the cost of maintenance and improvement and reduces by 4 percent of the economic value of your second home.

What is the tax deduction for a national monument in 2013?

The potential for a large tax rebate in 2013 were further reduced:
  • deduction monument in 2013, income tax;


Who buys a listed building, so buy all kinds of tax breaks. You are bound by different rules than the owner of a normal owner-occupied, but there can also your advantage. Allow yourself to always inform about the possibilities of the property that you have in mind. Choose from in 2011 and 2012 through the use of simplified grants from the BRIM and tax benefits, such as reduced transfer tax to 1 July 2012. From 2013 to last.