Agreement on the federal budget and economic recovery measures
Today an agreement was reached with respect to the Federal Government’s budget for 2013 and new economic recovery measures. After final intense negotiations and following a quest to find an additional 400 million euro in order to finance a decrease of employment (i.e. wage) costs for undertakings in Belgium, the following new tax measures affecting
Draft bill – various tax and financial provisions
As indicated in our headlines of 26 September and 23 July 2012, the federal government of Belgium has introduced a draft bill laying down various tax and financial provisions in the Chamber of Representatives. The bill is awaiting possible debate and approval. The greater part of the changes in tax law concerns a simplification of
New FAQ on company cars published on the tax authorities’ web site
Context When a company car is put at the disposal of an employee, its private use triggers taxation as a benefit in kind (BIK). Private use includes all uses other than the business use. In other words, private use refers to use during evenings, weekends and holidays as well as commuting between home and
Draft bill – various tax and financial measures – Update
As indicated in our headline of 23 July 2012, the federal government of Belgium approved a draft bill laying down various tax and financial provisions. These proposed measures include various elements that may impact the taxation of non-resident taxpayers in Belgium. Individuals who are not a resident of Belgium (for income tax purposes) are only
Personal tax measures announced in France
1 – Introduction of two new tax rates / freezing of the tax scales Current French tax rates (per part) New French tax rates (per part) as per proposed Tax reform Hollande 0 5963 0 0 5963 0 5963 11896 5,5 5963 11896 5,5 11896 26420 14 11896 26420 14 26420 70830 30 26420 70830
PwC was nominated for the 2012 HR Excellence Award – your vote counts!
PwC was nominated for the 2012 HR Excellence Award – your vote counts! We are delighted to announce that PwC Belgium has been nominated for the 2012 HR Excellence Awards in the following three categories: – Best Compensation, Benefits & Rewards Company – Best HR Strategy & Business Transformation Company – Best Social Law, Regulatory
“Action against changes to the Dutch 30% ruling”
“Action against changes to the Dutch 30% ruling” In our Headline of 20 September 2011, we informed you of the changes to the Dutch 30% ruling. On 1 January 2012, the 30% ruling ceases to be available to employees who’ve not lived outside a 150 km radius from the Dutch border for more than 2/3
Draft bill – various tax and financial measures
Draft bill – various tax and financial measures Recently, the government approved a draft bill laying down various tax and financial provisions. The proposed measures constitute a part of the budgetary action agreed by the Government and can be summarised as follows: Simplification of the Belgian personal tax system: deductible expenses will become tax reductions.
