It’s almost time: On July 1, 2023, the statutory minimum wage will rise again. With this increase in the minimum wage, Dutch people on benefits can also count on a higher amount. New account rules were announced today. Read here what that means for you.
After a historically high increase in the minimum wage in January 2023, the minimum wage will continue to rise from July 1. Not again with a huge 10 percent increase, but this time with an increase of 3.13 percent.
Minimum wage through July 1, 2023
If you have a minimum income, the amount deposited into your bank account will be higher on July 1, 2023 than it is now. The minimum gross monthly salary for employees from the age of 21 will be just under 2,000 euros. After the increase, the exact amount will be 1,995 euros per month. Weekly this amount is about 460€ and per day you earn 92.08€. Are you under 21 years old? Then you still have to deal with the minimum youth wage in the Netherlands. Curious what you earn for each age? You can read that in the table below. Important details: The amounts in the table below do not include vacation allowance.
| Minimum wage (youth) | Per month | weekly | Per day |
|---|---|---|---|
| From 21 years old | 1,995.00 euros | 460.40 euros | 92.08 euros |
| 20 years | 1,596.00 euros | 368.30 euros | 73.66 euros |
| 19 years | 1197.00 euros | 276.25 euros | 55.25 euros |
| 18 years | 997.50 euros | 230.20 euros | 46.04 euros |
| 17 years | 788.05 euros | 181.85 euros | 36.37 euros |
| 16 years | 688.30 euros | 158.85 euros | 31.77 euros |
| 15 years | 598.50 euros | 138.10 euros | 27.62 euros |
More changes with the new account rules
That’s not all that changes with the new account rules. Employers with employees who earn close to the minimum income can count on the allowance. This allowance is also referred to as the Low Income Benefit (fiber) name of the thing. Starting July 1, 2023, the income limits for Youth LIV will also change. From July 1, these limits will be revised, based on average minimum wages in 2023 – including changes in minimum income from January and July.
The higher the minimum wage, the greater the threshold for employers’ eligibility for the allowance. This can take up to hundreds of euros per year per employee.
| Low income benefits limits | minimum | the highest rate |
|---|---|---|
| 20 years | 9.79 euros | 12.04 euros |
| 19 years | 7.34 euros | 10.89 euros |
| 18 years | 6.12 euros | 8.17 euros |
High benefits
The allowance will also increase for Dutch people who have an allowance due to disability, for example. This amount depends on the net minimum wage the employees are paid. Single people from the age of 21 who receive benefits can count on 70 percent of the net minimum wage. Are you married? Then you are entitled to 100 percent of the gross minimum wage. Do you want to know more about the level of social assistance in the Netherlands? You can read more about it in the article below.
You get this in the form of social assistance, which the Dutch need less and less
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Minimum wage until July 2023: New wages by age