An annuity is a periodic payment that you receive at a certain age or a certain moment. You take out an annuity from a financial institution (an ‘annuity account’) or an insurer (an ‘annuity insurance’).

An annuity insurance is an insurance with which you save for extra income until an agreed end date. You will receive that extra income when you retire. You will pay premiums for that insurance until your retirement. You can deduct those premiums – under certain conditions – in your income tax return. Hence, it is a tax-efficient saving. The payment of your annuity starts from the agreed end date. That payment can be monthly or per year, and the amount is fixed for the entire period that you receive the payment. You pay tax on these payments.

An annuity account can be seen as a blocked investment account at a financial institution (bank or investment firm). You deposit as often and as much as you want into this account. The invested or saved amounts are managed until you retire or receive AOW (National Old Age Pensions Act). You cannot withdraw the saved or invested amounts until your retirement. Your contribution is intended for your retirement. If you do want to withdraw your contribution earlier, you will need to pay tax on it as well as a fine.

The amount you put into your annuity is deductible. You will get some of the money back when you file your income tax return. Check the conditions for this on the Tax Authorities (NL: Belastingdienst) website (link -> https://www.belastingdienst.nl/wps/wcm/connect/nl/werk-en-inkomen/content/welke-lijfrentes-kan-ik-afsluiten-met-belastingvoordeel)

You can only apply for Nu voor Later if you are saving for your pension in a tax-efficient way and when the amount that you have saved is converted into a periodic payment from the moment that you retire. That is why only the following pension provisions are eligible for Nu voor Later: annuity insurance, annuity account, and – if you are also employed by a company as well as a self-employed person – additional contributions to your pension fund.

You are eligible for a subsidy if your SBI code (see KvK extract) appears on the list of SBI codes. The list of SBI codes is included in the rulebook: https://nuvoorlater.oogvoorimpuls.nl/en/spelregels/

No, unfortunately not. The target group is based on what the CBS (Central Statistical Office) understands as the cultural and creative sector.

Contact the Chamber of Commerce (NL: Kamer van Koophandel/KvK) to see if this is possible. If the Chamber of Commerce has adjusted your SBI codes, and your SBI code appears on our SBI list, you can submit a new application.

Yes, even if you are in a general partnership (NL: VOF), you are self-employed without employees.

The incentive bonus will be paid within three weeks of your application being approved.

Only applicants who have arranged a pension provision for themselves on or after July 1st, 2024, will receive a one-off incentive bonus of € 200 after approval of the application.

The arrangement applies as long as there is a budget. Contact us via info@oogvoorimpuls.nl if you have any questions about this.

It is possible to distribute information about Oog voor Impuls and the Nu voor Later subsidy and to promote it via the website and social media of the organization concerned. No specific cooperation is required for this.

It is important that the reporting from the organization in question refers to the Oog voor Impuls website. The Nu voor Later subsidy is a pilot, so changes may be made to the rulebook and conditions. On our website, applicants will find information that is current and up-to-date.

Yes, we want applicants to do this themselves due to privacy legislation.

No, that is not possible. We will assess your application based on a document that shows that you have arranged a pension provision for yourself.

You can declare after your application has been approved and you have received instructions for declaration by email. Please note that you may only declare once. Please include proof of payment with your declaration showing how much you have paid into your pension provision after your application date. We will determine the contribution based on that amount.

Yes. The subsidy is open to self-employed people in the cultural and creative sector who are saving for their pension via an annuity insurance or annuity account. Self-employed people in the sector who are also partially employed on a permanent basis and voluntarily save extra via a pension fund can also apply.

Unfortunately, no. You are only eligible for a contribution if you save for your pension via an annuity account (bank savings), via annuity insurance, or voluntarily save extra in a collective pension provision.

Nothing, you decide when you want to declare. For example, do this if you have paid more than €600 into your pension provision from your application date or if you are not going to pay more than you have already done until the end of your application period. When you declare, you indicate how much you have paid into your pension provision since your application date for Nu voor Later. You include proof of this with your declaration.

A document showing that you have arranged a pension provision for yourself. This can be an annuity policy, proof of opening an annuity account (bank savings account), or proof of your pension fund (if you are partially employed on a permanent basis). If you are partially employed on a permanent basis and save via a collective pension provision, you can only apply if you voluntarily make additional contributions to your pension fund.

If you have started a new pension provision, apply for ‘Nu voor Later’ FIRST. ONLY THEN deposit an amount into your pension provision account. Your application period starts at the moment you apply for ‘Nu voor Later’. And you will only receive compensation for the application period.