Pay transparency is coming! How to get it right?
On 30 March 2023, the European Parliament adopted the Pay Transparency Directive with the aim of eliminating the gender pay gap by providing workers with access to information necessary to assess whether they are being paid fairly compared to other workers in the same organization. The directive also introduces enforcement mechanisms enabling workers to claim
Tax Treaty concluded between Belgium and Luxembourg – The 24-day limit officially becomes the 34-day limit
In line with the OECD Model Convention, the treaty for the avoidance of double taxation concluded between Belgium and Luxembourg applies the ‘Work State’ principle. This means that a resident of a country working in another country is taxable in the country where the activity is performed. The Work State principle implies that a Belgian
Possible important amendments to the stock option legislation and the introduction of a specific tax regime for free shares
A government proposal regarding new legislation with respect to stock options and stock plans was announced in the Belgian press last week. Below you can find a short overview of the proposed changes with some initial high-level reflections. It is however important to note that no texts are currently available and that it is currently
Benefit in kind – Private use of a company car: updated formula for 2023
The Royal Decree implementing the new reference CO2 emission for calculating the taxable benefit in kind for the private use of a company car in the hands of company directors and employees has been published in the Official Gazette on 16 December 2022. For income year 2023, the following CO2 emission will be applied to
The directive on pay transparency: what you need to know
The Pay Transparency Directive has been adopted by the European Council, but still needs to be voted on by the European Parliament. It aims to eliminate the gender pay gap by empowering workers to access the necessary information to assess whether they are paid in a non-discriminatory manner compared to other workers in the same
Upcoming changes to the copyright regime
On 24 October 2022, the cabinet approved the draft of the program law which includes the changes to the copyright regime. This approval has been added to the draft law and filed with the Chamber of Representatives. With this approval, drastic changes to the regime, as we currently know it, are coming closer. The legislator
PwC’s Workforce Podcast – Equal pay and the upcoming reporting directive. Are you ready?
The European Unequal Pay Day is set this year on November 15th. As from this day, women will work “for free” in comparison to men until the end of the year. But what are the main challenges if we speak about the gender pay gap and how can companies deal with it? During this podcast,
PwC’s Workforce Podcast – The importance of ESG for you and your workforce
The importance of ESG for you and your workforce ESG plays a key role in the employee value proposition of companies, to attract talent and retain employees. In this context, ESG is an important topic for human resources (HR) and reward practitioners to consider. It also matters because HR and reward directors have a key
