PwC Dutch Caribbean News
Amendment to the Health Levy and the Health Insurance rates
01-07-2015


Parliament of Aruba is expected to pass an amendment to increase the so-called Health levy (in Dutch abbreviated BAZV) rate from 1% to 2% and to decrease the general health insurance (in Dutch AZV) rate from 2.6% to 1.6%. The purpose is to shift the funding from direct taxation on employee's income to indirect taxation through the BAZV. Additionally, Government will publish a proposal to compensate the purchasing power of those with less income (e.g. those on welfare).


The aim of the proposals is to reduce the Government's contribution to the AZV fund and as such is a budgetary measure. Additionally, the shift from direct to indirect taxation aims to improve the purchasing power of employees.


In our newsflash we also describe how to calculate and remit the BAZV and how to notify this on invoices.

Contact Information

Redactie PwC
Dutch Caribbean news
Tel: +(5999) 430 0455
        +(5999) 430 0189
        +(5999) 430 0103

Interesting Links
PwC Dutch Caribbean

"By submitting your e-mail address you acknowledge that you have read the privacy statement and that you consent to our processing the data in accordance with that privacy statement including international transfers. If you change your mind at any time about wishing to receive material from us you can send an e-mail to (info@an.pwc.com)

© 2013 PricewaterhouseCoopers Curaçao. All rights reserved. PwC refers to the Dutch Caribbean member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details. This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.

Privacy Legal About Site Provider