News articles written by Christiaan Moeskops

Circular letter published on consumption cheques

26 October 2020

As mentioned in our newsflash of 9 june 2020, the federal government has agreed that employers will be able to grant consumption cheques to their employees to support the sectors most affected by the corona crisis. On 22 October, the Belgian Tax Authorities have published an administrative guideline clarifying some practicalities for employers to offer

Wage withholding tax incentives: COVID-19 measures and extension of 2019 deadline

1 September 2020

Various tax support measures were developed to support entrepreneurs and employees during the COVID-19 crisis. This news flash provides an overview of the most recent measures with an impact on the wage withholding taxes, combined with more news on the extension of the deadline for 2019 wage withholding tax corrections. Royal decree published regarding temporary

Company cars: the list of false hybrids has been updated

5 June 2020

Over the past few years, the taxation of cars has been linked more and more to their ecological footprint, and more specifically, their CO2-emission. The taxable benefit in kind, the deductibility rate, registration taxes, … all of these depend on the CO2-emission of the car. Especially for the so-called ‘fake hybrides’, there has been quite

Update – Fast Track Ruling – Homeworking (Expense Allowance)

2 June 2020

We refer to our newsflash of 19 March on the implementation of the Fast Track Ruling (Fast Track Ruling – Homeworking, Expense Allowance). On 29 May, the Rulings Office (Dienst Voorafgaande Beslissingen in Fiscale Zaken/Services des Décisions anticipées en Matières Fiscales) published on its website a new COVID-19 application model document that has been slightly adjusted

Executive pay landscape: Implementation of the Revised Shareholders’ Rights Directive (SRD II) into Belgian law for Belgian quoted companies

6 May 2020

On May 6th, the Official Gazette has published the law on implementing the  SRD II – Directive (EU) 2017/828. Part of the Directive will be implemented by changing the newly introduced Belgian Code on Companies and Associations (BCCA). The aim of SRD II is to positively influence the involvement of long-term shareholders and increase transparency

Belgian Minister of Finance proposes Corona premium of EUR 1.000

1 April 2020

In practice and also in recent media coverage, the question was raised whether employers/companies can provide employees with a (tax beneficial) cash incentive – other than a regular bonus payment – in order to motivate and reward employees who (are not staying at home due to temporary unemployment measures and who) are still allowed and