Royal decree implementing the mobility budget published
On the 29th of March the law of 17 March 2019 concerning the introduction of a mobility budget was published together with a royal decree implementing this law. In comparison with the draft law no changes were made to the published law. It is mainly the royal decree, which implements the law concerning the mobility
Parliamentary Commission of Finance approves Mobility Budget
On Wednesday, 16 January, the Parliamentary Commission of Finance has approved the Mobility Budget. This is one of the last steps before the Mobility Budget can finally enter into force. If the Commission on Social Matters approves it as well then the Parliament will give the final green light in plenary session in February and
Mobility budget (and changes on mobility allowance) sent to parliament for approval
The draft legislation on the introduction of a Mobility Budget and the draft legislation on the changes to the law introducing a Mobility Allowance have been sent to parliament by the Federal government. As a quick reminder The idea of the mobility budget is (just like the mobility allowance) to stimulate employees who have a
Business travel within Belgium: new indexed amounts for lump-sum cost reimbursements
If certain conditions are met, employers are allowed to make lump-sum payments, which are tax-free in the hands of the employees, in order to reimburse these employees for expenses incurred due to business travel within Belgium. As of 1 October 2018 a tax-free meal allowance of EUR 17.06 (instead of EUR 16.73 per day) is
Is your mobility strategy up to date?
The changing world of mobility In Belgium, cars are still the most frequently used means of transportation. Given the current tax and social security landscape, the company provided car is still a highly valued element in the reward scheme by many employees. Nonetheless, the landscape of the company car is changing with the upcoming new WLTP (Worldwide
Company provided housing: anticipated change in tax law
When a company puts a house or an apartment at the disposal of one of its directors or employees, a taxable benefit in kind arises in the hands of the beneficiary. Typically, the calculation of this benefit in kind depends on whether the housing is provided by an individual (100/60 x indexed cadastral income) or
