Part-time workers on minimum wage to see net income drop next year

New budget plans presented on Prinsjesdag indicate that part-time workers earning minimum wage in the Netherlands will likely see a decline in their net monthly income next year. According to data from the salary platform Youforce, someone working 32 hours per week at minimum wage would see a net decrease of 11.83 euros per month, while those working 24 hours would lose 5.16 euros. This reduction is primarily attributed to tax withholding adjustments and the structure of labor tax credits, which disproportionately affect lower-income earners.

While some full-time employees and those earning modal incomes may experience a modest increase in their net pay, those in higher income brackets are also expected to face losses due to tax changes. However, these figures remain subject to change. Final minimum wage adjustments linked to inflation have not yet been finalized, and the current government coalition must still negotiate the budget with opposition parties in the Tweede Kamer. Consequently, the actual impact on household purchasing power will only be confirmed once final legislation is approved.