In a previous article we already discussed the tax penalty of 5% for corporations who don’t pay the minimum of 45.000 euro to at least one of their managers. This measure was applicable since 1 January 2018. The goal of…
In a previous article we already discussed the tax penalty of 5% for corporations who don’t pay the minimum of 45.000 euro to at least one of their managers. This measure was applicable since 1 January 2018. The goal of…
Because of the introduction of unification of servants and workers, the total costs for some companies increased significantly. Therefore, the government introduced the exemption of social liabilities on 1st of January 2019. This also applies for employers who were not…
The regulations concerning vouchers has become a national law since 1/1/2019. This only concerns vouchers that give notification of conditions and vouchers that can be exchanged for a delivery of services or good, thus it does not include discount coupons.…
Many international corporations allocate their so-called RSU’s to their Belgian employees. A RSU, or restricted stock unit, is a free share that will be distributed definitely later. For instance, after reaching a certain objective. Because RSU’s are only definite somewhere…
There is a lot of discussion whether or not it is a good idea to increase the salary of the manager to at least €45,000. According to the new legislation non-compliance will lead to a tax penalty. If the salary…
With the approval of the new company law there will be a number changes from May 1, 2019. What does this mean in practice for you and your company? We summarize the most important points. Firstly, the number of forms…
Both for companies as individuals, the bank account number for prepayments changes in tax year 2020 (2019): BE61 6792 0022 9117 from ‘Inningscentrum – Dienst Voorafbetalingen, Koning Albert II-laan 33, bus 42, 1030 Schaarbeek’. The structured communication for natural individuals…
There is such thing called the ‘ fine ‘ on wage deficit (5.1%), this appears if the company does not meet the minimum remuneration of €45,000, or at least the taxable profit as a remuneration to the business leader if…
On July 20, 2017, the Federal Council of Ministers approved the draft law for the reform of the companies code. Per 1.5.2019 this law is into force. What will change now right? There are three main important changes. 1. Abolition…
Measures from 2018 (tax year 2019) Corporate tax rate The basic rate of corporate tax declines from 2018 from 33% to 29%, and 25% starting from 2020. Companies that qualify as an SME within the meaning of article 15 w.…