Latest news & developments
VAT deduction based on direct attribution of costs: new rules as from 2023
In Belgium, the pro rata based on turnover is the general VAT deduction method for mixed VAT payers. Beside the prorata, the direct attribution method can also be applied. This method is widely used in the financial, real estate, not–for-profit and public sector. In practice, most corporate groups also use this method for their activities
PwC’s Workforce Podcast – Equal pay and the upcoming reporting directive. Are you ready?
The European Unequal Pay Day is set this year on November 15th. As from this day, women will work “for free” in comparison to men until the end of the year. But what are the main challenges if we speak about the gender pay gap and how can companies deal with it? During this podcast,
PwC’s Workforce Podcast – The importance of ESG for you and your workforce
The importance of ESG for you and your workforce ESG plays a key role in the employee value proposition of companies, to attract talent and retain employees. In this context, ESG is an important topic for human resources (HR) and reward practitioners to consider. It also matters because HR and reward directors have a key
Limitation of excess DRD after merger is in line with Parent-Subsidiary Directive
On 20 October 2022, the European Court of Justice (ECJ) rendered its judgment in the “Allianz Benelux” case relating to the limitation of excess dividends-received deduction (DRD) of Belgian companies that are involved in a tax-neutral merger. A dividend received by a Belgian company is in principle taxable income. But if certain conditions are met
ELTIF Regulation amendments: A provisional agreement has been reached
On 19 October 2022, a little less than a year after the Commission presented its original proposal to amend the European Long-Term Investment Funds (“ELTIF”) Regulation (“Regulation”) and following a month of negotiations, the European Parliament and the Council, under the Czech presidency, have reached a provisional agreement on the amendments of the Regulation to
PwC as your guide in the changing Flemish incentive landscape
From the 1st of October 2022, establishing a climate plan and submitting a summary thereof became a new mandatory admissibility requirement for large companies and / or energy-intensive companies applying to most VLAIO subsidy programmes. The climate plan itself is an explanatory document containing the key actions a company will take in the coming years
Tax Bites Podcast: Looking ahead at tax policy in uncertain times
Patrick Boone and Matthias Reyntjens look ahead to what the next months will bring in terms of economic developments, and what this means for tax policy. They consider how national governments will respond, how businesses can prepare, and the likely impact on taxation. This podcast is the first of a series of podcasts dealing with
PwC’s Workforce Podcast – Employee preferences
Employee preferences – how to redesign your Employee Value Proposition? We are living through turbulent times. The labour market remains tight with a high number of vacancies advertised, and the economic forecast is gloomier by the day. Attracting and retaining talent is high on the agenda of employers – along with cost containment. Raising salaries
