WebApr 2, 2024 · Foreign workers in Belgium are subject to the same income tax rules and rates as Belgian nationals, though some can benefit from a special expat tax scheme. Expat tax incentives in Belgium In 2024, a new expatriate tax regime was introduced in Belgium for directors, executives, and specialists earning over €75,000 working for multinationals. WebApr 4, 2024 · The Belgian Minister of Finance has recently released a first draft proposal of new tax reform that should come into force from 1 January 2024. As regards VAT, the draft proposal focuses on reforming current VAT rates and introduces the mandatory use of e-invoices for B2B supplies.
Budget 2015 - Les mesures fiscales Deloitte Belgium Tax
WebJun 26, 2024 · The innovation deduction provides for a deduction of 85% of the net income from intellectual property (IP). This results in an effective tax rate of 4.4% (2024 and 2024) and 3.8% (as from 2024) on the net income. The updated FAQ clarify that the IP should not be recorded as an asset on the balance sheet in order to qualify for the innovation ... WebSources of Revenue in Belgium. Countries raise tax revenue through a mix of individual income taxes, corporate income taxes, social insurance taxes, taxes on goods and … non binary who like girls
Belgium Tax - Income Taxes in Belgium Tax Foundation
WebIncome tax. Professional income is taxed on its net amount. In other words, you must deduct from your gross salary: social contributions. actual or fixed rate professional … WebJan 29, 2024 · From 13,870 to 24,480. 40%. From 24,480 to 42,370. 45%. From 42,370 onwards. 50%. Standard deductions exist in the form of a standard expense deduction and a personal exemption. Both of which help to lower your taxable income. WebMar 7, 2015 · Remuneration costs of domestic personnel give right to a 30% tax reduction (up to certain limits and under certain conditions). Child custody expenses, up to a maximum of EUR 15.7 per day for income year 2024 for children under 14 years of age, give right to a 45% tax reduction. At the regional level, the most commonly granted tax reductions ... nutcracker art lesson