Council of Ministers: COVID-19: corona premium in companies
The council of ministers has reached a consensus considering the corona premium in companies. This premium provides that companies that have performed well in the past (corona) year, can give their employees a one-time Corona premium in 2021. The maximum amount is set to EUR 500 per employee and can be granted from the 1st of
The ‘how’ and ‘when’ of the Corona premium.
The government has reached a consensus on the terms of the wage negotiations and provided their mediation proposal to the unions and employer’s organisations. Besides confirming that the wages may increase up to 0,4 % in 2021 and 2022 on top of the expected indexation (2,8%), it provides that companies that have performed well in
Circular letter published on consumption cheques
As mentioned in our newsflash of 9 june 2020, the federal government has agreed that employers will be able to grant consumption cheques to their employees to support the sectors most affected by the corona crisis. On 22 October, the Belgian Tax Authorities have published an administrative guideline clarifying some practicalities for employers to offer
Corona Premium of EUR 1.000 down the drain?
A couple of weeks ago, in full corona crisis, there was some media coverage regarding the introduction of tax-free corona premiums. In our newsflash of 1 April 2020, we mentioned the proposal of the Belgian Minister of Finance of a Corona premium of EUR 1.000. Employers would be able to pay this premium free of
