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Tax on placing new cars in circulation (2019)

Fiscal horsepower (*) KW (*) Amount of tax (€) 0-8 0-70 61,50 9-10 71-85 123,00 11 86-100 495,00 12-14 101-110 867,00 15 111-120 1.239,00 16-17 121-155 2.478,00 More than 17 More than 155 4.957,00 (*) Whichever is higher A special regime applies to second-hand cars Walloon Region: Flemish Region: To increas ...

Monthly contribution CO2 on company cars (2019)

Vehicles with petrol engine: [(Y x 9) - 768]: 12 x 1,295 Vehicles with diesel engine: [(Y x 9) - 768]: 12 x 1,295 Minimum monthly contribution: €26,97 Y = CO2 emission in gram per km ...

Social security contributions (2019)

Employees (White-collar) Employer's contributions: 25% Employee's contributions: 13,07% Self-employed Max. €16.268,80 Companies €347,50 €868,00 if balance sheet total > €700.247,09 ...

Prepayments (2019)

A. Tax increases in absence of prepayments (companies) Per quarter Ass. year 2018 2019 2020 (*)   April 10 3% 9% 9%   July 10 2,5% 7,5% 7,5%   Oct. 10 2% 6% 6%   Dec. 20 1,5% 4,5% 4,5%   Average 2,25% 6,75% 6,75% B. Rebates Per quarter April 10 1,5% 1,5% 1,5%   July 10 1,25% 1,25% 1,25%   O ...

Benefits in kind (2019)

Interest rate on current account Year of disposal Reference rate 2016 9,27% 2017 8,78% 2018 8,94% Personal use of a company car Catalogue value(*) x [5,5 + 0,1 x (CO2 emission - 88 (diesel) or 107 (petrol))](**)/100 x 6/7 = benefit in kind (***)17% (40% if intervention of the employer in the fuel expenses) of the benefit in kind before deductio ...

Registration duties (2019)

Acquisition of real estate: - in Flanders: 7 - 10% - in Brussels and Walloon Region: 12,5% Capital duty : €50,00 ...

Tax treaties (2019)

Albania Hungary Poland Algeria Iceland Portugal Argentina India Romania Armenia Indonesia Russian Federation Australia Ireland Rwanda Austria Israel San Marino Azerbaijan Italy Senegal Bangladesh Ivory Coast Serbia Bahrain Japan Singapore Belarus Kazakhstan Slovakia Bosnia-Herz. Korea (South) Slovenia ...

Investment deduction (2019)

Rates (assessment year 2020) A. Standard rate   Individuals and SMEs (art. 15 Company Code) 20%     B. Increased rates   Energy-saving investments 13,5% R&D new products/technologies (*) 13,5% Patents (*) 13,5% Digital assets 13,5% Investments in security 20,5% Investments in ships 30,0%     C. Spread ...

Value added tax (2019)

Rates: 0, 6, 12 and 21% Non taxable legal entities, wholly exempted businesses, "flat rate" farmers and small businesses: acquisition threshold = €11.200,00 Quarterly filing of return (optional): annual turnover ≤ €2.500.000,00 Deduction of VAT on car costs for business use (maximum  50%) Monthly filing of return: annual turnover > ...

Company law (2019)

Average number of employees Turnover Balance sheet total Microscheme (*) ≤ 10 ≤ €700.000,00 ≤ €350.000,00 Condensed annual accounts (*) ≤ 50 ≤ €9.000.000,00 ≤ €4.500.000,00 Complete annual accounts (*) > 50 > €9.000.000,00 > €4.500.000,00 Consolidated annual accounts (*) > 250 (consolidated) > €34.000.000,00 (consolidated) > € ...