Royal decree implementing the mobility budget published
On the 29th of March the law of 17 March 2019 concerning the introduction of a mobility budget was published together with a royal decree implementing this law. In comparison with the draft law no changes were made to the published law. It is mainly the royal decree, which implements the law concerning the mobility
Mobility budget (and changes on mobility allowance) finally entered into force
Last week, the Chamber of Representatives finally approved the draft law of the mobility budget. The idea of the mobility budget is (just like the mobility allowance) to stimulate employees who have a company car to opt for different means of transportation. Via this way, the government hopes to tackle the mobility problem and to
Draft law modifying the mobility allowance (better known as the cash for car) adopted at first reading by the Finance Commission
Last Wednesday, the Finance Commission has approved at first reading the draft law modifying the Mobility Allowance. The main goals of the changes are to increase the attractiveness of the Mobility Allowance as well as to align it with the future Mobility Budget scheme. The Mobility Allowance, which entered into force last year, is an
Parliamentary Commission of Finance approves Mobility Budget
On Wednesday, 16 January, the Parliamentary Commission of Finance has approved the Mobility Budget. This is one of the last steps before the Mobility Budget can finally enter into force. If the Commission on Social Matters approves it as well then the Parliament will give the final green light in plenary session in February and
Mobility budget (and changes on mobility allowance) sent to parliament for approval
The draft legislation on the introduction of a Mobility Budget and the draft legislation on the changes to the law introducing a Mobility Allowance have been sent to parliament by the Federal government. As a quick reminder The idea of the mobility budget is (just like the mobility allowance) to stimulate employees who have a
Is your mobility strategy up to date?
The changing world of mobility In Belgium, cars are still the most frequently used means of transportation. Given the current tax and social security landscape, the company provided car is still a highly valued element in the reward scheme by many employees. Nonetheless, the landscape of the company car is changing with the upcoming new WLTP (Worldwide
Mobility budget – Agreement within the Council of Ministers
In March 2018, the government reached an agreement on the principles of the mobility budget. Meanwhile, this agreement was formed into a preliminary draft of law, which was approved by the Council of Ministers on 26 July 2018. The mobility budget will co-exist with the recently introduced mobility allowance. Both measures aim to reduce the
Federal government reaches agreement on “Cash for Car”
Recently, an agreement was reached by the federal government regarding the introduction of a mobility budget, as an alternative for company cars. As of 1 January 2018 it would become possible for employees (who already use a company car) to exchange their current company car for a cash compensation, provided that both parties (employer and
