MIA and the VAMIL (2023): here's what you need to know

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Introduction
In the Netherlands, we have three types of investment deduction. In this article we focus on the environmental investment deduction (MIA) and the random depreciation of environmental investments (VAMIL). We explain what it is, when you can apply it and the amounts involved.

What is the environmental investment allowance (MIA) and the random depreciation of environmental investments (VAMIL)?
The environmental investment deduction (MIA) and the random depreciation of environmental investments (VAMIL) are one of three forms of investment deduction.

Environmental Investment Allowance (MIA).
The MIA is an investment deduction that allows you to reduce your taxable profit. Here you may deduct up to a maximum of 45% of your investment amount from your profit. How high this percentage sweden mobile numbers list is depends on the environmental impact and the prevalence of your asset.

Random depreciation of environmental investments (VAMIL)
VAMIL is an investment deduction that you may write off at any time. This depreciation may be up to 75%. By depreciating your investment faster, you reduce your taxable profit and pay less tax in that year.

Combination of MIA and VAMIL
Although the MIA and VAMIL are two different schemes, they are often combined by entrepreneurs. This is because both schemes use the same list: the Environmental List. On this list, you can find all business assets eligible for both the MIA and VAMIL.