Latest news & developments
Update COVID-19 and cross-border employment: agreement with Germany extended
In our newsflash of 5 January 2021 we referred to the extension until 31 March 2021 of the mutual agreement between Belgium and Germany, which includes a “force majeure tolerance” for cross-border workers in relation to government imposed COVID-19 (travel) restrictions. Despite the roll-out of vaccination programs in many countries, it is still an uncertain
Filing your Belgian corporate income tax return and local form – due date information
How to ensure timely filing ? Belgian companies (and non-resident companies with a Belgian establishment) have the yearly obligation to file a Belgian (non-resident) corporate income tax return within the statutory deadline. As of this year, the general principle states that regardless of the date of the general meeting, a financial year that ended per
Belgium to abolish the cost-sharing VAT exemption for Financial Services
Belgium will abolish the VAT exemption for cost-sharing associations (independent groups of persons) in the financial sector (banking – insurance). A draft law has been approved. This position follows the judgments of the CJEU cases DNB Banka (C-326/15) and Aviva (C-605/15) of 21 September 2017. The benefit of the exemption will be abolished as of
PwC’s Workforce Podcast
A series of podcasts tackling the key issues organisations face today regarding their most important asset: their workforce We’re delighted to announce the launch of PwC’s Workforce Podcast series. Our PwC experts will tackle the key issues organisations face today on their most important asset: their workforce. Last year, working remotely became the new standard,
Advance tax payments: first deadline of the financial year 2021
Unless a company pays its Belgian corporate income taxes due by means of timely advance tax payments during the financial year concerned, a surcharge is due on the final amount of Belgian corporate income tax due upon assessment. If advance tax payments are made, credits – which can be offset against the surcharge – are
Tax Bites Podcast – Work from anywhere
The tax impact of flexibility With everyone slowly beginning to see the light at the end of the ‘COVID tunnel’, both employers and employees are looking ahead and reimagining the workplace where a new way of working may be a driver in the hunt for talent. Many groups are considering a work from home or
UK announces delays regarding Customs Border Operating model
The UK announced a delay to the Customs Border Operating model changes due to be implemented on 1 April (Import Licencing) and 1 July 2021 (Delayed Customs Declaration Submission). What does this mean for your business? The pre-notification requirements for Products of Animal Origin (POAO), certain animal by-products (ABP), and High Risk Food Not Of
Suspension of import tariffs between the EU and the U.S.
On 5 March, the EU and the U.S. communicated a joint statement concerning the mutual suspension for four months of the tariffs related to the World Trade Organization (WTO) Aircraft disputes. The relevant implementing measures were published on 11 March 2021, including the Commission Implementing Regulation 2021/425 stating that the tariffs will be suspended starting on March 11 of
