Finally more clarity on the horizon for employers who reimburse home charged electricity?
The world of car taxation has been experiencing one change after another for several years. Yesterday, Minister of Finance Vincent Van Peteghem announced in parliament that his Administration is working on a circular letter that, although only temporary, would remove a lot of uncertainty for both employees and employers regarding the reimbursement of electricity used
Lump sum benefit in kind for electricity and heating no longer possible without the provision of housing
All income that you receive from your employer is subject to income taxes. This is also the case for non-cash elements. In general, taxes should be paid on the actual value received by the employee, meaning the value that (s)he would have paid in case the employer wouldn’t intervene in such a cost. However, for
