Home » News » Prinsjesdag (Budget Day) 2020

Prinsjesdag (Budget Day) 2020

Every year, on Prinsjesdag (Budget Day), the Dutch government launches its plans for the coming year.   The third Tuesday in September is traditionally known as Prinsjesdag in the Netherlands.  On Prinsjesdag, or Budget Day as it is called abroad, King Willem – Alexander gives the Speech from the Throne. The Speech from the Throne sums up the state of the nation, and outlines the government plans for the coming year. After the Speech, the Minister of Finance presents the chair of the House of Representatives with the National Budget and the Budget Memorandum. These documents describe how government is going to execute its plans, and how much budget is allotted to each plan.  Business.gov.nl lists the plans that may affect you as an entrepreneur, whether you are a self – employed professional, an SME owner, or other type of entrepreneur.

The plans announced on 15 September still have to pass through the House of Representatives and the Senate (Tweede en Eerste Kamer), and only become official when declared a General Administrative Policy (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and after publication in the Staatsblad or the Staatscourant.

Read more about Prinsjesdag here.
For more info of the budget announced this year, please click here.