March 2021 – If your employee has debts to third parties, it may happen that these creditors turn to the employer for payment of part of the pay, without going through the employee. This seizure must, however, be made within certain limits, which are indexed annually. ⟶

February 2021 – In mid-December, the Accounting Standards Board (CBN/CNC) issued a notice on the entries to be made when parties enter into a transaction and the purchase price is paid into an escrow account. ⟶

February 2021 – In both Flanders and Brussels, the Regional Government opts for the commercial lease loan to support tenants of commercial buildings. The lessor also benefits from this, as he is certain to receive payment of at least part of the rent. ⟶

February 2021 – The rates of the notional interest deduction (DIN/NIA, risk capital allowance) are set annually. The rates for the tax year 2021, but also for the tax year 2022 have been published in the Belgian Official Journal of 8 December 2020. ⟶

February 2021 – Where an employer makes a company car available to an employee or a manager of an undertaking, that employee or manager is taxed on the resulting benefit. The calculation of the benefit depends, among other things, on the CO2 emission of the vehicle in relation to the average emission of the Belgian car fleet. In 2020, after two years of increase, this average emission has gone down again. This is good news for the climate, but not so good news for your wallet. ⟶

February 2021 – A law published in the Moniteur belge of 11 December 2020 introduced a new obligation to register donations of movable property via a foreign notary, thus closing what has come to be known as the "cheese route" (in Dutch, "de kaasroute"). However, it is still possible to choose the route with the least restrictions. ⟶

February 2021 – The coronavirus crisis costs money. A lot of money. So the government is trying to increase its income. One of the measures already used previously is the index jump to personal income tax. An almost imperceptible tax increase. ⟶

February 2021 – The Income Tax Code (CIR) provides that the remuneration of company directors is taxable at the time it is allocated or awarded. As for withholding tax, the law stipulates that it must be withheld at the time salaries are paid or allocated. The Court of Appeal of Liège recently gave some words of explanation regarding the notions "attribute", "allocate" and "pay". ⟶

February 2021 – As usual, the legislator published in December 2020 the applicable tariffs for the publication of annual accounts in 2021. These tariffs are linked to the consumer price index, so that the filing of annual accounts in 2021 will again cost a few euros more. ⟶

February 2021 – If you act as guarantor for a bank loan to your company, you can, if the bank asks you to pay the loan, deduct this charge as a business expense. You must, however, have earned income from the company. The Court of Appeal is relatively flexible with regard to compliance with this condition. ⟶

February 2021 – Belgian residents who receive dividends of French origin are subject to Belgian withholding tax and French withholding tax. This is not unusual. This is also the case for other dividends of foreign origin. However, the Franco-Belgian double taxation treaty provides for a tax reduction... and the Belgian tax authorities refused to apply it. The Court of Cassation called the tax authorities to order. ⟶

The principle of loyalty prohibits directors from competing with the company of which they are directors. Since the shareholders entrust them with the management of their company, it can therefore be considered that the directors do everything necessary to optimize this management. But what happens when… ⟶

The new legislation on abuse of economic dependence, unfair terms and unfair market practices between companies (B2B law) was adapted in 2019. Part of this law came into force in 2019, others only in 2020. It seems that the Ghent Enterprise Court is the first to put the law into practice. ⟶

The previous government had decided to grant self-employed workers a deferment of payment of their social security contributions. But what is the impact of this deferral on the tax deductibility of these contributions? ⟶

Who says CSA immediately thinks about the new rules for corporations. An LLC without capital, new rules on voting rights, a new definition of a cooperative society? But quite a few things have also changed for directors. ⟶

With loss carry-back, the government wanted to preserve the cash flow of contractors in times of coronavirus. However, this is only possible if the company has not mortgaged its liquidity position by making a dividend distribution or, more generally, a distribution of equity capital. But what about directors' fees? ⟶

On 4 November last year, the government surprised everyone by publishing a notice in the Moniteur concerning the introduction of an annual tax on securities accounts. It was important to take taxpayers by surprise. ⟶

In mid-November, parliament approved a measure that should enable companies to replenish their financial reserves after the coronavirus crisis. If you keep your profits in the company, you will quickly, but temporarily, make a nice tax saving. ⟶

With the so-called Corona II law, the government introduced so-called consumer vouchers. A non-taxable benefit for workers, but subject to numerous limits and conditions. ⟶

A few years ago, the legislator decided to encourage the use of bicycles for home-workplace journeys. Workers who use their own bicycles to get to work can receive a tax-free allowance and the benefit resulting from the provision of a company bicycle is taxed at a minimum. However, due to the coronavirus crisis, many workers do not have to commute to work. Does this have an impact? ⟶