On 6 March 2015, the Federal Council of Ministers approved a draft Royal Decree to increase the maximum (gross) amount of non-recurring collective bonuses from EUR 3,100.00 to EUR 3,169.00 as from 1 January 2016. The Federal Labour Council also approved the draft Royal Decree and has now requested to increase the maximum amount to EUR 3,200.00 as specified in the draft social agreement.
On behalf of employees, non-recurring collective bonuses are tax-free up to a certain amount. Therefore, the Federal Labour Council also proposes to bring the maximum amount for income tax into line with the social amount.
