Benefit in kind for free housing granted by a company ruled unconstitutional by two Courts of appeal
When a company puts a housing at the disposal of one of its directors or employees, the beneficiary is taxed on a benefit in kind. This benefit is assessed on a lump-sum basis. The evaluation depends on whether the housing is given by an individual (100/60 x indexed cadastral income) or by a company (100/60
The Belgian tax authorities announced a new wave of tax audits with respect to the application of the Belgian wage withholding tax incentives (more in particular the incentives with respect to research and development, night and shift labour, overtime, etc.). Experience based on previous audits A few years ago, a similar wave of audits
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
By using PwC’s brand-new tool, you can calculate the payback period of purchasing 1 to 5 study years in just a few clicks!
In our Newsflash of 7 November 2016 we already made reference to new upcoming tax measures. Certain of these anticipated changes have now been introduced by the Program Act of 25 December 2016, which was published in the Official Gazette on 29 December 2016. From a personal income tax perspective, the above Program Act introduces
The new reference CO2 emission for calculating the taxable benefit in kind for the private use of a company car in the hands of company directors and employees has been published on 5 December 2016 (Royal Decree of 24 November 2016). For income year 2017, the following CO2 emission will be applied to the above