Update: transposition of CRD V and EBA Guidelines
In our Newsflash dated 21 June 2021, we informed you about the definitive version of the draft law transposing CRD V into Belgian banking law. The Belgian law of 11 July 2021 implementing EU financial directives (CRD V; BRR2; IFD; Solvency II) finally transposed CRD V into our Belgian arsenal. In the meantime, the EBA
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
Home working expense allowance – update
On 1 July 2021 an addendum (Circular 2021/C/62) was issued to the Circular 2021/C/20 of 26 February 2021 on employer contributions for home office work. The Circular 2021/C/20 of 26 February 2021 discusses the tax system for employer contributions for home office work. According to this Circular, employers may grant employees who structurally and regularly
Workforce Podcast – The future of work: what’s next?
The future of work: what’s next? The world of work is developing rapidly. The digital revolution had already increased the pace of change, and the impact of COVID-19 has only added fuel to fire. The pandemic showed us that companies are ready and willing to truly embrace flexible and remote working. Indeed, across industries
Implementing CRD V into Belgian law – we’re almost there…
In our newsflash dated 5 March 2021, we informed you of the draft law transposing certain EU directives into Belgian law that was approved in a first reading. One of those directives was the fifth Capital Requirements Directive (CRD V). On 27 May 2021, the Belgian government introduced a definitive version of the draft law
Workforce Podcast – Transform Your Tomorrow: Tech-enabled HR Transformation
Transform Your Tomorrow: Tech-enabled HR Transformation @H. Essers Listen on how H.Essers transformed and digitised their HR operating model successfully, globally during a period where we all were impacted by COVID-19. Rather than solely implementing a new cloud HR system, H.Essers decided to go for a holistic approach where they harmonized HR processes across
Workforce Podcast – The future of mobility
The future of mobility: what about the company car? Sustainable mobility is high on the agenda of governments, employers and employees. Increasingly employers are re-evaluating their approach. How can they change their attitude to mobility, and above all, that of their employees? An employer’s mobility vision can be a competitive differentiator, and incorporating ESG
The zero-emission company car as the new standard
As mentioned in our newsflash of 21 April 2021, the text of the government declaration indicated that it was the intention to modify the tax treatment of company cars by 2026 and move to zero emission vehicles. On 18 May, the Belgian federal government reached an agreement on the tax treatment of (eco-friendly) company cars.
