First legal step taken by the Council of Ministers During its meeting of 27 September 2013, the Belgian Council of Ministers approved a draft act regarding the unified statute for white and blue-collar workers. This draft act constitutes a first important step in the legal enactment of the political agreement which was reached in the
Italy: Increase in the standard VAT rate from 21% to 22% As from 1st October 2013, the standard VAT rate in Italy has increased from 21% to 22%. The new VAT rate of 22% is applicable to transactions for which the tax point occurs as of 1st October 2013. Transactions for which the tax point
We are delighted to announce that PwC Belgium has been nominated for the 2013 HR Excellence Awards in the following two categories: Best Compensation, Benefits & Tax Company Best HR Strategy & Transformation Consulting Company This prestigious nomination is thanks to you, our client, for the confidence, loyalty and trust you continue to place in
The Royal Decree of 24 September 2013 on administrative fines was published in the Belgian Official Gazette on 30 September 2013. This decree introduces a new scale for administrative fines. Each infringement of the requirements laid down in the Income Tax Code (e.g. incorrect or late filing of tax returns) will now give rise to
A new law adopted on 24 September 2013 will remove exemptions on paying social security for payments made on the termination of employment contracts. Background Measures to fight fraud featured heavily in the Government’s recent budget. One such measure includes an amendment to the rules on the definition of payments subject to social security contributions.