In 2022, mortgage interest will only be deductible up to a maximum of 40%. In 2023, this will decrease further to 37%. This raises the question of whether a mortgage with your own private limited company (BV) is still attractive. What are the advantages for you as a managing director?<\/p>\n\n\n\n
As a managing director, you can borrow money from your private limited company (BV) for consumer expenses, such as a new car, but also to finance your home. This can be done when purchasing a home, or if you plan to renovate. A few years ago, this was a very popular financing option. This was because mortgage interest was deductible at the highest income tax rate (at the time, 52%), while interest was taxed at a low rate within the BV.<\/p>\n\n\n\n
This advantage is no longer available. Most deductions are only deductible under income tax in 2022 at the rate of 40% and in 2023 at the lowest income tax rate of 37%. Because the combined corporate tax and income tax levy on your BV profits amounts to a minimum of 37,87%, this raises the question of whether a mortgage with your own BV is still so attractive. Your tax advantage is more than offset by the tax on the interest held by the BV.<\/p>\n\n\n\n
Yield advantage. In most cases, a mortgage with your own BV will still be attractive. Why? Because the rate advantage described above is not the only advantage.
The advantage of a mortgage with your own BV is that this often results in a return advantage. Liquid assets that were held without return
Within the BV, investments are made risk-free. This yields a return equal to the interest on the loan. Note: To achieve the same return elsewhere, you will need
more risks must be taken. After all, there's nothing more to be gained from a savings account.<\/p>\n\n\n\n
In addition, partially financing your home through your private limited company (BV) can also be advantageous compared to bank financing for your home. If you finance more than two-thirds of your home's value through a bank, you'll face an interest rate surcharge. This means your interest rate will increase by, for example, 0.2%. If you finance 90% of the value, an additional surcharge will be added. Tip: By having part of the financing run through your own BV, you can avoid such interest rate surcharges.<\/p>\n\n\n\n
When taking out a mortgage with your own private limited company (BV), you must draw up an agreement. Of course, you must comply with the tax and legal requirements. Please note:
Please note that you must repay the loan in annuity payments within a maximum of 30 years. This requirement does not apply if you transfer a mortgage from before 2013 to your BV. In that case,
these remain interest-only.<\/p>\n\n\n\n
Bill 'Excessive Borrowing Act...'\u2018<\/p>\n\n\n\n
Also keep in mind the proposed law, the "Excessive Borrowing from Your Own Company Act," which will likely be implemented in 2023. Home loans are not covered by this. Note: However, if you take out a home loan from your private limited company after January 1, 2023, a mortgage right must be established. Otherwise, the loan will be included in the calculation of whether you have borrowed more than \u20ac700,000 from your private limited company.<\/p>\n\n\n\n
A return advantage for the private limited company (BV) and\/or avoiding interest surcharges at the bank can make a mortgage with your own BV attractive, despite tax developments. Have your advisor assess your situation so you can make a well-informed decision.<\/p>","protected":false},"excerpt":{"rendered":"