Changes to Strategic Transformation Support Programme from 2022 onwards
Vlaio has just released a new update regarding the well known Strategic Transformation Support programme. The Strategic Transformation Support programme is aimed at companies that are implementing a transformation with a strong innovative character to strengthen their international competitiveness. Companies can get up to 8% support for the accepted costs of mainly CAPEX investments and
New 2022 calls for the SME Growth Subsidy
What is the SME Growth subsidy? With the SME growth subsidy, the Flemish government supports SMEs seeking to embark, or continue their strategic growth trajectory. The growth subsidy covers strategic advice from an external service provider or the recruitment of a strategic profile that will help SMEs in their growth. The applicant’s growthpath must be
New call Green Power! Support for solar panels and wind turbines
The Flemish Energy and Climate Agency (VEKA) has launched a new project call to support companies and organisations investing in new solar panels and wind turbines in order to accelerate the green energy transition in the Flemish region. The solar panels should be PV (photovoltaic) installations with inverter power from 40 kW to 2 MW
Belgian incentives newsletter
With the PwC Incentives Hub, we strive at remaining up to date on the latest news in grants and incentives and share the latest insights. In that respect, this newsletter outlines the most important developments on Belgian grants and incentives. SME-portfolio The SME-portfolio (KMO-portefeuille) supports training and advice for a.o., small and medium enterprises. As
Belgian government announces measures to transition Belgian economy post-covid
Yesterday, the Belgian Government reached an agreement on the Belgian budget. The budget agreement combines a number of measures to transition the Belgian economy after Covid in an environmentally balanced manner. Some points will need further agreement with the social partners, and some measures are taken explicitly in view of the recent surge of energy
Subsidy for SMEs that make water saving investments
The Flemish government has launched the new Blue Deal subsidy measure ‘water saving investments’. A call for SMEs that invest in technologies that save on the use of drinking, ground and/or surface water. The Blue Deal flows out of the Flemish governments’ goal of structurally tackling the fight against drought and water scarcity with major
Draft law implementing the zero-emission company car as the new standard
As indicated in our newsflashes of 21 April 2021 and of 18 May 2021, it was agreed in the government declaration to adapt the tax and social legislation around mobility to stimulate the green agenda. On 14 September the draft law specifying the fiscal and social treatment of company cars was submitted to The Chamber.
Withholding tax incentives: time to take action – deadline extended to 1 October 2021
Various tax incentives (e.g. for overtime, R&D, night and shift work, etc.) take the form of an exemption of transferring wage withholding taxes. These tax incentives are thus to be processed through payroll. Extension of deadline for 2020 wage withholding tax returns Although the wage withholding tax returns for 2020 are already submitted during the
