New call for projects investing in closing waste to raw material cycles
The Public Waste Agency of Flanders (OVAM) has opened a new call to support companies in the Flemish region that want to invest in innovative technologies for recycling projects that convert waste materials into raw materials. Up to 35% of the additional costs of the new technology compared to conventional technology can be funded. The
Santa Claus has brought us a new tax framework for ELTIF investment funds to boost our Belgian economy !
Some good news on the tax and economic fronts. Belgium is getting equipped with the appropriate investment vehicle for its long-term financing needs in private-public infrastructure, SMEs, digitalisation, greening of the economy, social projects, etc. The draft law on various tax provisions currently before the parliament proposes to extend the tax regime of Belgian regulated
New 2022 calls for the SME Growth Subsidy
What is the SME Growth subsidy? With the SME growth subsidy, the Flemish government supports SMEs seeking to embark, or continue their strategic growth trajectory. The growth subsidy covers strategic advice from an external service provider or the recruitment of a strategic profile that will help SMEs in their growth. The applicant’s growthpath must be
Investment deduction for assessment year 2020 published
On 11 April 2019, the new percentages for the investment deduction, applicable for assessment year 2020 (financial years ending between 31 December 2019 and 30 December 2020, both dates inclusive), were published in the Belgian Official Gazette. In order to apply for the investment deduction, the taxpayer needs to comply with certain conditions and formalities.