hypotheekrenteaftrek

Dutch

Etymology

Compound of hypotheekrente (“mortgage interest”) +‎ aftrek (“deduction”).

Pronunciation

  • IPA(key): /ɦi.poːˈteːk.rɛn.təˌɑf.trɛk/
  • Audio:(file)
  • Hyphenation: hy‧po‧theek‧ren‧te‧af‧trek

Noun

hypotheekrenteaftrek m (uncountable)

  1. (Netherlands, taxation) mortgage interest deduction, deduction of taxable income based on mortgage rate (subsidy to encourage homeownership)
    De hypotheekrenteaftrek is een fiscale regeling die huiseigenaren in Nederland in staat stelt om de rente die zij betalen over hun hypotheek af te trekken van hun belastbaar inkomen.
    The mortgage interest deduction is a tax arrangement that allows homeowners in the Netherlands to deduct the interest they pay on their mortgage from their taxable income.

Derived terms

See also

  • woonbonus
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