On 30 December 2011, the Act of 28 December 2011 containing various (tax) measures was published in the Official Gazette. It contains some – but not all – of the measures announced by our government in December of last year.
The personal income tax provisions, recorded in this recent Act, concern:
– changes in the tax charge on interest and dividend income;
– new valuation method with regard to the taxation of the benefit in kind for the private use of ‘company cars’;
– major changes with regard to ‘expenses for energy savings’ in houses;
– increased valuation for the benefit in kind of stock options.
Most of the envisaged measures will come into force as from 1 January 2012.
You can find more information on our website: http://www.taxreform.be/