Personal tax measures announced in France
1 – Introduction of two new tax rates / freezing of the tax scales Current French tax rates (per part) New French tax rates (per part) as per proposed Tax reform Hollande 0 5963 0 0 5963 0 5963 11896 5,5 5963 11896 5,5 11896 26420 14 11896 26420 14 26420 70830 30 26420 70830
“Action against changes to the Dutch 30% ruling”
“Action against changes to the Dutch 30% ruling” In our Headline of 20 September 2011, we informed you of the changes to the Dutch 30% ruling. On 1 January 2012, the 30% ruling ceases to be available to employees who’ve not lived outside a 150 km radius from the Dutch border for more than 2/3
Draft bill – various tax and financial measures
Draft bill – various tax and financial measures Recently, the government approved a draft bill laying down various tax and financial provisions. The proposed measures constitute a part of the budgetary action agreed by the Government and can be summarised as follows: Simplification of the Belgian personal tax system: deductible expenses will become tax reductions.
Proposed change – Tax treatment of stock options
Stock options aretaxable on the 60th day following the offer if an employee or company director has accepted the offer in writing within 60days following the offer. The taxable option value is generally calculated as a percentage of the market value of the underlying shares on the day prior to the actual offer date or
The Netherlands – One-off crisis contribution introduced for high salaries
On 10 July 2012, the Dutch First Chamber approved legislation introducing a one-time employers tax of 16% on high salaries. In March 2013, employers will have to pay a 16% employers tax on all salaries paid out in 2012 which exceed EUR 150,000.
Update – Program Act published in the Official Gazette
On 21 June 2012, we sent an HRS headline relating to the impact of the new Program Act on occupational pension schemes. A copy of the headline is included in this message. The Act has now been published in the Official Gazette of today. Special social security contribution As from 1 January 2012, the
Special social security contribution
As from 1 January 2012, the draft Finance Act (whose text has now been sent to the Senate) introduces a special social security contribution on premiums and contributions paid to occupational pension schemes. This special contribution amounts to 1.5% on the amount of premiums/contributions exceeding a threshold of EUR 30,000.00 per annum (amount to be
Dutch Budget Agreement 2013
On 25 May 2012, the Dutch government sent the Budget Agreement 2013 to parliament. This agreement includes a number of measures aimed at reducing the Dutch EMU gap to 3% in 2013. A legislative proposal has not yet been released. The most important tax measures are summarised in the document attached. Download the pdf
