PwC’s Workforce Podcast
A series of podcasts tackling the key issues organisations face today regarding their most important asset: their workforce We’re delighted to announce the launch of PwC’s Workforce Podcast series. Our PwC experts will tackle the key issues organisations face today on their most important asset: their workforce. Last year, working remotely became the new standard,
Tax Bites Podcast – Work from anywhere
The tax impact of flexibility With everyone slowly beginning to see the light at the end of the ‘COVID tunnel’, both employers and employees are looking ahead and reimagining the workplace where a new way of working may be a driver in the hunt for talent. Many groups are considering a work from home or
Cadastral income for properties abroad – update
As mentioned in our Newsflash of 8 December 2020, the European Court of Justice (ECJ) imposed a lump-sum fine and penalties for each day that the Belgian tax authorities would continue to maintain a difference in tax treatment for rental income depending on whether the property is located in Belgium or abroad. In order to
Update COVID-19 and cross-border employment: agreements with the Netherlands and Luxembourg extended
In our newsflash of 10 December 2020 and our newsflash of 11 December 2020 we referred to the extension of the mutual agreements between Belgium and the Netherlands / Luxembourg, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. As countries are rolling out comprehensive vaccination schemes
Employer interventions for homework: updated guidelines beyond COVID-19
As many questions on the possible financial contributions that employers may make to the various home office costs incurred by their employees remained unanswered in the Circular of 14 July 2020 (see our newsflash of 17 July 2020 in this respect), a new Circular (2021/C/20) was published by the Federal Public Service for Finance on
Shareholders’ say on pay – Prepare your next general meeting – Last call
In our newsflash dated 6 May 2020, we informed you about the extended say on pay of shareholders introduced by the Revised Shareholders’ Rights Directive (SRD II) and implemented into Belgian law for Belgian quoted companies. Remuneration report: extended transparency on individual pay disclosure & pay ratio Shareholders have their word to say on the
Home working expense allowance – update
On 12 February, the Minister of Finance, Mr. Vincent Van Peteghem announced that some fiscal support measures will, further to the Covid-19 pandemic, be extended. One of these measures relates to the home working allowance. Since the government thinks that many companies will continue encouraging home working after the Corona Crisis, the tax-free allowance for
Ruling of the Constitutional Court regarding the Cayman Tax applicable to legal constructions without legal personality
On the 28th of January, the Belgian Constitutional Court ruled in favour of an annulment of a modification of article 18, 3° BITC by the Program Law of 25 December 2017 which, in the context of the Cayman Tax, had aligned the tax regime of distributions made by the legal constructions without legal personality (“type
