Time to verify your night – and shift labour: check your shift premium and the calculation of the ⅓ norm!
Strict case law regarding the shift premium and more strict FAQ regarding ⅓ norm urges for action Night – and shift labour incentive Companies with employees performing shift or night work can receive a partial exemption from the payment of wage withholding taxes. The ‘discount’ is quite substantial: as an employer you can save up
Tax forms 281.10 (employees) and 281.20 (company directors) – Income of 2020: also for remuneration received from related foreign companies!
The models of salary slips (“Fiche 281.10” for employees and “Fiche 281.20” for company directors) to be used to report remuneration paid or granted in 2020 are now available on the Federal Public Service (“FPS”) of Finance’s website. The fiches 281.10 and 281.20 must be lodged electronically (via Belcotax-on-Web) with the FPS before 1 March
R&D wage withholding tax incentive – Mind the (expanded) formalism and prepare yourself!
Just like last year (see our earlier newsflash), the Belgian tax authorities have been issuing extensive and numerous tax audits with respect to the application of the wage withholding tax exemption for Research and Development. Please find hereafter some important key takeaways. Mind the formalism and be prepared to substantiate the incentive claimed! Mind the (expanded) formalism
Circular letter – Temporary exemption for transferring Belgian wage taxes due to the COVID-19 pandemic
Recently, the Belgian tax authorities issued an administrative guideline in relation to the COVID-19 measure which was introduced by the law of July 15, 2020 containing various tax provisions on the partial exemption of transferring Belgian withholding taxes. Employers – who have made use of the temporally unemployment for at least one employee during a
R&D wage withholding tax incentive audits – Mind the formalism and prepare yourself
As mentioned in our earlier newsflash the Belgian tax authorities have been issuing extensive and numerous tax audits with respect to the application of the wage withholding tax exemption for Research and Development over income year 2017. Please find hereafter some very important key takeaways. Mind the formalism and be prepared to substantiate the incentive claimed!
Tax audits – Partial wage withholding tax exemption for R&D
The Belgian tax authorities are again issuing tax audits with respect to the application of the wage withholding tax exemption for Research and Development over income year 2017. Extensive list of questions A few years ago, a similar wave of audits took place. Compared to the previous tax audits, we notice that the list of
Additional wave of tax audits to be expected with respect to withholding tax exemptions
The amount of wage withholding taxes to be withheld by the employer is based on the withholding income tax scales published in a Royal Decree. The Belgian Income Tax Code provides for several exemptions (overtime, R&D, night and shift work, etc.) with respect to the remittance of Belgian withholding taxes. During 2014, the Belgian tax authorities