Dutch tax glossary
What is holiday allowance?
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Definition
Holiday allowance is a statutory or contractual payment, commonly about 8% of salary, often paid in May or accrued monthly depending on the employer.
Dutch term: vakantiegeld
Job offers may quote salary with or without 8% holiday allowance. Confirm which definition your employer uses before comparing net results.
Our calculator can treat a yearly package as including holiday allowance when you select that assumption.
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FAQ
What is Holiday allowance in simple terms?
Holiday allowance is a statutory or contractual payment, commonly about 8% of salary, often paid in May or accrued monthly depending on the employer.
Is this personal tax advice?
No. These pages are educational estimates. Use your payslip, assessment, employer, Belastingdienst guidance, or a qualified adviser for personal decisions.
Educational definitions only. Read our methodology or report a correction.