Upcoming changes to the Belgian expat regime – What’s on the table?
What has been in the air for some time is probably becoming a reality, at an accelerated pace. In the framework of the agreement on the Belgian budget, the Federal Government announced its intention to amend the special regime for foreign executives, who are working temporarily in Belgium under specific conditions, by reducing certain benefits
Update: transposition of CRD V and EBA Guidelines
In our Newsflash dated 21 June 2021, we informed you about the definitive version of the draft law transposing CRD V into Belgian banking law. The Belgian law of 11 July 2021 implementing EU financial directives (CRD V; BRR2; IFD; Solvency II) finally transposed CRD V into our Belgian arsenal. In the meantime, the EBA
Workforce Podcast – The future of work: what’s next?
The future of work: what’s next? The world of work is developing rapidly. The digital revolution had already increased the pace of change, and the impact of COVID-19 has only added fuel to fire. The pandemic showed us that companies are ready and willing to truly embrace flexible and remote working. Indeed, across industries
Council of Ministers: COVID-19: corona premium in companies
The council of ministers has reached a consensus considering the corona premium in companies. This premium provides that companies that have performed well in the past (corona) year, can give their employees a one-time Corona premium in 2021. The maximum amount is set to EUR 500 per employee and can be granted from the 1st of
Update COVID-19 and cross-border employment: Agreement with Germany extended
In our newsflash of 31 March 2021 we referred to the extension until 30 June 2021 of the mutual agreement between Belgium and Germany, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. While large parts of the population are vaccinated and the end of the global
New lump-sum amount for reimbursement of business use of private car.
Employees using a privately-owned car for business purposes can now be reimbursed a lump-sum amount of EUR 0.3707 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
Update COVID-19 and cross-border employment: Agreements with France and Luxembourg extended
In our newsflash of 12 March 2021 and our newsflash of 2 April 2021 we referred to the extension of the mutual agreements between Belgium and Luxembourg / France, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. With large parts of the population vaccinated, the end
Workforce Podcast – Transform Your Tomorrow: Tech-enabled HR Transformation
Transform Your Tomorrow: Tech-enabled HR Transformation @H. Essers Listen on how H.Essers transformed and digitised their HR operating model successfully, globally during a period where we all were impacted by COVID-19. Rather than solely implementing a new cloud HR system, H.Essers decided to go for a holistic approach where they harmonized HR processes across
