What is WOZ?
The Dutch Property Valuation Act (WOZ) determines the method by which local authorities calculate the annual WOZ value of real estate in the Netherlands.

Checking Your WOZ value

The WOZ value is important because it forms the basis for several types of tax, including income tax, corporation tax and municipal property tax. It also affects inheritance tax and the water authority levies. In short, an incorrect WOZ value can have a significant financial impact.

You may be paying too much

Since 1994, local authorities have been responsible for calculating WOZ values independently. While this system works well in principle, errors do occur. For this reason, Heeren Makelaars recommends checking your WOZ value every year. If an error has been made in determining your WOZ value, you may well be paying more tax than necessary. Should you check your WOZ and find it to be incorrect, you can lodge an objection..

Run the WOZ check via ‘Eerlijke WOZ’

An overestimated WOZ value can mean paying too much tax. According to the Annual WOZ Survey by Eerlijke WOZ , this still happens more often than you might expect. However, an underestimated WOZ value can work to your disadvantage, for instance when selling your home. Fortunately, checking your WOZ value has never been easier. Eerlijke WOZ has developed a free, no-obligation WOZ check that allows you to quickly verify whether your WOZ value has been calculated correctly. So what are you waiting for? Check straight away and find out whether you could be saving money.