Invoicing 2013 – Chargeable event: transitional measures for 2013
We are pleased to inform you that today, the Act implementing the Invoicing Directive 2010/45/EU has been published in the Belgian Official Gazette. Invoicing Directive 2010/45/EU is based on the study PwC has carried out for the European Commission in 2008, aimed at harmonising and simplifying the Community rules on the electronic sending, receipt and storage of
Dutch social security contributions & formal salary split
As you may know, there are quite some upcoming changes to the legislation in the Netherlands not only from a tax perspective but also from a social security point of view. In this respect, we wish to draw your attention to a change in the Dutch social security legislation that will affect formal split employment
New condition for tax deductibility of pension contributions
Section 62 of the Program Law of 22 June 2012 has introduced a new condition for the tax deductibility of contributions paid into an occupational pension plan (by amending sections 59 §1 and 60 of the Belgian Income Tax Code). As from 1st January 2013, pension contributions will only be deductible if the so-called “Sigedis-obligations”
Instructions for the special contribution on high pension contributions (the so-called ‘Wijninckx-bijdrage’) now available
Instructions for the special contribution on high pension contributions (the so-called ‘Wijninckx-bijdrage’) now available If the total of the contribution into occupational pension plans for one person exceeds EUR 30,000 in 2012, then the company needs to pay a special contribution of 1.5% on the excess amount. This charge is due both for employees and
New social security treatment of non-taxable expatriate allowances – confirmation from the social security authorities
As indicated in our HRS headline of 30 November 2012, the Belgian social security authorities have recently changed their position in respect of the amount of tax-free allowances that can be exempted from Belgian social security, in a bid to make Belgium and its special tax regime for foreign executives more attractive. Yesterday, the social
Increase in excise duties on wine, spirits and tobacco and abolition of environmental tax
Further to the budget discussions of the Belgian government, for the year 2013, the Belgian government plans to implement the following measures : Excise duties on ethyl alcohol, all alcoholic drinks (except for beer), and smoking tobacco will increase by approximately 12 %. In terms of alcohol, the special excise duty increases as from 1 January
