Employees using a privately-owned car for business purposes can now be reimbursed a lump-sum amount of EUR 0.3363 per kilometre.
Costs that an employee incurs when using a privately-owned car for business purposes can be reimbursed by the employer free of income tax and exempt from social security contributions. Repayment can be made on a lump-sum basis, taking into account the actual business kilometres driven.
The Belgian tax authorities have updated the former lump-sum amount of EUR 0.3412 per kilometre to EUR 0.3363 per kilometre. This new amount is lower and is applicable to reimbursements made during the period from 1 July 2016 to 30 June 2017.