News Archive

In a previous article, we already announced the signing of a new double tax treaty between Belgium and the Netherlands. In all likelihood, the earliest the treaty will enter into force is 1 January 2025. Nevertheless, we would like to discuss some important changes.

Owners of an unoccupied property that does not generate income also receive an annual property tax bill. It is possible to obtain a reduction under certain conditions.

On 1 July 2023, the framework agreement on cross-border telework signed by 18 European member states came into force. This historic agreement marks an important development in how telework is handled within social security frameworks.

On 1 August, the new legislation regarding a central register for disqualifications came into effect. In the past, disqualifications issued by the courts often seemed to fail to achieve their purpose as there was no suitable follow-up mechanism. The central register is intended to change this situation.

After a long period of very low or even negative interest rates, central bankers are increasing benchmark interest rates. These increases also have a significant impact on intra-group financing agreements. We are referring to ordinary loans, intra-group cash pools, granted guarantees, supplier credits, and so on.

Flanders Investment & Trade (FIT) has launched a new open call for the allocation of start-up internationalisation packages. This one-off grant of €9,000 is aimed at start-up exporters who have never received financial support from FIT before. The application period for this call is from 2 October 2023 to 11 October 2023 (5pm).

In December 2022, the European Parliament adopted the NIS2 Directive on the security of network and information systems to ensure a higher level of cybersecurity in the EU. It is now up to Belgium to introduce new legislation to replace the existing NIS law by 17 October 2024.

The investment deduction allows companies to exempt part of their profits for certain new investments made during the tax period. In this article, we take a closer look at the changed percentages for the investment deduction.

In the wage agreement, the Federal Government decided that the wage standard is 0% for the 2023 to 2024 period. That means that, employers are not permitted to assign their staff voluntary wage increases in this period. There is an exception for employers achieving an (exceptionally) high profit in 2022.

The relance overtime-hours system familiar for the last few years is being extended for the 2023-2025 period. This once again involves 120 overtime hours that are exempt from taxes and social security contributions.

The next social elections are to be held between 13 and 26 May 2024. Organised every four years, social elections are held to elect employee representatives to works councils and committees for prevention and protection in the workplace.

At the end of July, the FPS Finance published the non-resident income tax-return form for natural persons relating to the 2023 assessment year (2022 income year). The return can be filed both in paper and electronic form. An overview of the most important questions.

From 1 September 2023, tighter regulations are set to be implemented for the recovery of any overdue debt payments owed by consumers to businesses. These new regulations will not apply in cases where two businesses have entered into an agreement with one another (B2B).

Financial and large listed companies will be required to report on how they are meeting their ESG objectives. New intra-group services may be created, existing arrangements may need to be amended or restructuring may be required. Transfer pricing should not be overlooked in this process.

These days, mobility and sustainability often go hand in hand, with the two becoming increasingly aligned on fiscal matters. In this article, we list some of the key points on vehicle fleet electrification as well as the tax incentives in personal income tax.

In only a few more weeks, the current year will come to an end. Perhaps your employees have not yet taken their full holiday allowance, especially if they were temporarily unemployed due to the Covid pandemic this year. What happens to such leftover holiday allowance? Must it be used up, carried over to the next year or paid out by the employer?

There are many stories and prejudices about doing business in France. But is there any truth in them? Or are they just a little exaggerated? Our Vandelanotte France experts Elise Vanhamme and Febe Louage break down 4 common stereotypes about France.