Social security incentive If you employ staff in Belgium, you are normally liable for a 25% social security contribution on top of the gross salary. The employee’s gross salary itself is subject to a standard 13.07% deduction. Before, employers in…
Important changes Since 2009, the NHR regime has been successful at attracting non-Portuguese residents such as pensioners, skilled workers, and investors to come and live in beautiful Portugal. A few weeks ago, the Portuguese Prime Minister suddenly announced the end…
Capital gains A few exceptions aside, Belgium normally does not tax private capital gains. The gains realized by a private individual are not taxable, if this takes place within the ‘normal’ management of their privately held assets and are not…
Digital invoicing Following a recent proposal from the Finance Minister, the Belgian Government has approved a preliminary draft law making electronic invoicing between companies mandatory as of 1 January 2026. What exactly does this mean for Belgian companies? Today, electronic…
You’ve got mail If you live in another country, but you earned income from a Belgian source in 2022 (e.g. employee salary, statutory pension, rental income, etc.), the Belgian tax authorities may (spontaneously) send you a Non-Resident (NR) Tax Form…
More and more popular Exchange-Traded Funds (ETFs) have become very popular in recent years as they allow you to invest at low cost in a diversified way. Their annual fees are significantly lower than for traditional unlisted funds you typically…
Standard practice Taxpayers that are subject to a tax audit often face a tax increase and/or administrative penalties. In practice, a tax increase is used more often than an administrative fine. The latter is only applied if you, for example,…
Virtual residency For almost 10 years now, Estonia offers an E-residency program to foreigners which allows them to create a government-issued digital identity in the country. You do not even have to be present or ever go to Estonia for…
FATCA reporting FATCA or the ‘Foreign Account Tax Compliance Act’ provides for the exchange of information with the IRS relating to US citizens residing abroad for the purpose of combating tax fraud. Financial institutions in Belgium are required to forward…
Basic Energy Package In 2022, the Belgian Government announced a wide range of measures to assist Belgian households facing exorbitant energy bills due to the global crisis. A Basic Energy Package was agreed to in September 2022 and basically divided…
Da Vincilaan 1
B-1930 Zaventem
+32 2 801 13 63
Markgravelei 30 / 201
B-2018 Antwerpen
+32 3 304 82 89
Da Vincilaan 1
B-1930 Zaventem
+32 2 801 13 63
Markgravelei 30 / 201
B-2018 Antwerpen
+32 3 304 82 89
