June 2021 – At the beginning of April, a new tax benefit was introduced which should encourage owners of commercial properties to grant a rent waiver to their tenants. However, the advantage is not very significant and will therefore not be a major argument for granting a rent waiver. This Covid-19 measure is specifically aimed at traders who have been affected by the lockdown. ⟶

June 2021 – At the end of 2020, the legislator increased the standard rate of the investment allowance from 8% to 25% for fixed assets acquired or created between 12 March 2020 and 31 December 2022. The standard rate is therefore higher than the "increased rate". What is… ⟶

June 2021 – The optional VAT liability regime for property rentals came into force on 1 January 2019. In certain cases, the landlord and tenant can make the lease agreement for new buildings used for business purposes subject to VAT, so that VAT can be deducted. But what if the rent is remitted? A new scheme was introduced at the end of 2018 which allows entrepreneurs to... ⟶

June 2021 – Three important VAT measures designed to give entrepreneurs a breath of fresh air were published in the Belgian Official Gazette on 31 March. The changes concern the December advance payment, the refund threshold and the proportional fine for late payment. Until now, every VAT taxable person had to pay an advance payment of VAT in December, which in... ⟶

June 2021 – The UBO (Ultimate Beneficial Owner) register was introduced in Belgium, as in all other EU Member States, in 2017. Since 30 September 2019, you are therefore obliged to make public certain information about these beneficial owners. A Royal Decree was published on 1 October 2020 which… ⟶

June 2021 – Access to scientific and educational events is subject to VAT in the State in which they take place and not in the State in which the customer is established. This was the rule applied by Belgium when the event did not exceed one day. Belgium... ⟶

May 2021 – The tax authorities have set out their views on the tax consequences of teleworking in a circular published at the end of February. While it is true that this circular was issued in the context of the Covid-19 crisis, the new view… ⟶

May 2021 – The government has twice decided to block bankruptcies via a moratorium. Creditors could then not realise their claims by having the debtor declared bankrupt. The second moratorium ended on 31 January 2021. The government has now passed a law reforming the whole... ⟶

May 2021 – Have you ever considered giving your employees a mouth mask with your company logo? Believe it or not... the taxman will once again have a problem with this. Because this mouth mask could be taxable for your… ⟶

May 2021 – The application of certain labour law provisions depends on the pay of the employee concerned. These earnings ceilings are adjusted annually. The amounts referred to in this article are the amounts for 2021. ⟶

May 2021 – Determining the reporting deadline for non-profit organisations, resident companies, non-resident companies and dissolved companies used to require some mathematical thinking. From this year onwards, it will be much simpler. ⟶

May 2021 – After two condemnations by Europe, Belgium has finally adapted its taxation regime for foreign real estate. You have until the end of 2021 to determine the value of the income from these foreign properties via a special declaration. ⟶

May 2021 – In contrast to the SRL/BV and the SC/CV, the SA/NV does not have to perform a double test before a profit distribution can be authorised. The reason for this is that the SA/NV always has a share capital. For creditors, this capital is the ultimate guarantee. ⟶

May 2021 – When circumstances require it, the directors must convene the general meeting and confront it with the choice of stopping everything or taking measures to ensure continuity. The directors are responsible for this alarm procedure. ⟶

May 2021 – A share premium is best defined as the difference between the capital represented by new shares and the price to be paid for those shares. But what if the company has no share capital? ⟶

May 2021 – The deduction of VAT on vehicles is a particularly complex matter. For private cars, the deduction can in principle never be higher than 50%. And if the vehicle is also used for private purposes, the limitation of the deduction can be even higher. However, in this period of the coronavirus crisis, the administration is… ⟶

April 2021 – The Flemish government wants to give Flemish companies a boost in the wake of the coronavirus crisis by giving private individuals a tax incentive to invest. On the one hand, it offers them the possibility to invest via a "winwinlening" (a subordinated loan). On the other hand, since 11 February 2021, it offers… ⟶

April 2021 – In principle, companies that are required to draw up annual accounts are also required to draw up a social balance sheet and file it with the National Bank of Belgium. In this social balance sheet, you as a company must include information on the number of employees: staff turnover, training, etc. ⟶

April 2021 – As a company director, if you grant a loan to your company, you must ensure that the amount of the loan does not exceed the company's equity capital and that the interest rate you receive does not exceed the market rate. If you exceed either of these limits, the part of the interest that exceeds the limit will… ⟶

April 2021 – The Commission des Normes Comptables (CNC/CBN) has recently published a draft opinion on the accounting treatment of a waiver of commercial rent. According to the CNC/CBN, the "loss" of rental income on the part of the lessor should be accounted for… ⟶