Remark: The following announced measures will have to be formalised in draft legislation which should only be available as from September/October. Only then will full details be known. On 26 July 2017, the Federal government reached an agreement on an important corporate tax reform, significantly reducing the corporate tax rate. More details will follow below.
Employees using a privately-owned car for business purposes can now be reimbursed a lump-sum amount of EUR 0.3460 per kilometre. Costs that an employee incurs when using a privately-owned car for business purposes can be reimbursed by the employer free of income tax and exempt from social security contributions. Repayment can be made on a
Due to a technical legislative mistake the Belgian Official Gazette published again on 8 February 2017 (it was also published on 26 January) the text regarding the Act imposing the ‘newcomers statement’ and the obligation to prove integration. The newcomers statement concerns the statement whereby the signer pledges to respect and comply with the values
Members of the four federal majority parties (N-VA, MR, CD&V and Open VLD) have introduced a new legislative initiative concerning the abolishment of eco vouchers and the replacement of this system by cash compensation equivalent to the value of eco vouchers. As an alternative way of payment, eco vouchers are paper or electronic vouchers that
The Belgian Federal Government has drafted a Royal Decree modifying the system of Overseas Social Security substantially. The changes will apply to the pension pillar, which constitutes the cornerstone of Overseas Social Security. The Royal Decree was scheduled to enter into force on 1 February 2017, but we were recently informed by the authorities that
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