February 2024 - Inventory management costs money. But those who are smart in the warehouse can reap commercial benefits from it. In Belgium, the cost of stock for the average SME is estimated at 15 to 20 per cent of the financial value of the stock. Yet, the stock is indispensable in many cases. For three reasons: Fast delivery increases your service. ➤

February 2024 - Whatever business you are in, at the end of the financial year, only one thing counts: the amount below the line. The financial management of your business, therefore, deserves full attention. An ERP system brings insight into your data and figures. The basis of sound financial management is up-to-date accounting. An ERP… ➤

February 2024 - The start of a new year always has a number of tax novelties in store. In 2024, too, you can expect a number of changes in corporate tax. Which changes should you take into account?
Statutory filing deadlines
As is its annual custom, the FPS Finance informs taxpayers of the tax... ➤

February 2024 - In 2024, you should consider some new HR measures for employers and employees. In this article, we list some of the critical changes.
Extension of date for presentation of purchasing power premium
Through the RD of 23 April 2023 on the purchasing power premium, well-performing companies can grant a one-off purchasing power premium… ➤

February 2024 - Until the tax year 2023, non-profit organisations, international not-for-profit organisations (NPOs) and private foundations were subject to a 0.17% tax on the value of their assets (albeit with an exemption of a first tranche of EUR 25,000 of assets). Since 1 January 2024, a reformed rate… ➤

February 2024 - As every year, there are a lot of striking VAT novelties in 2024. In this article, we list some important changes for you.
VAT identification number: technical adjustments
Based on a recent draft law, several technical adjustments are being made regarding the allocation of a VAT… ➤

February 2024 - On 12 October 2023, the Royal Decree was published, determining the scales and application modalities of administrative fines for taxpayers who fail to spontaneously declare their immovable property. These penalty scales also apply to foreign properties. Each owner, occupier, leaseholder, superficies holder or usufructuary must declare the… ➤

January 2024 - Increased interest rates are making retirement savings attractive again for the self-employed. We take a closer look at the various forms of saving through the second and third pillars. Third-pillar retirement savings involve savings where a deposit of 990 euros (1,270 euros) entitles you to a tax reduction of 30 (25) per cent. In… ➤

January 2024 - What are the deadlines for corporate and personal income tax returns for assessment year 2024? And what about car taxation? Three questions to start the new year well prepared.
What are the declaration deadlines for assessment year 2024 and subsequent years? ➤

January 2024 - A new (tax) year calls for a new annual calendar. In this overview, we list all the important dates (deadlines for VAT returns, withholding taxes, etc.) for the first quarter. Handy!

January

01/01: Happy New Year 
05/01: Rsz… ➤

January 2024 - Although work stress remains a concern, Flemish self-employed people's satisfaction is in good shape. This is according to research by SERV, the socio-economic council of Flanders.
Of the 1,788 Flemish self-employed who gave their input this year (in the first measurement since the corona… ➤

January 2024 - In March 2019, you as an employer had the opportunity to introduce the mobility budget in your company. As part of a simplification of this measure, a flat-rate formula to calculate this budget will be available from 1 January 2024. Through the mobility budget, an employee can exchange his or her company car for… ➤

January 2024 - Through a bill dated 19 October 2023, the federal government announced a new measure for tenants deducting rent paid as a professional expense. This bill was passed on 28 November 2023. Today, if an owner of a second home rents this property privately, it is not taxed on the real… ➤

January 2024 - Under the November 2022 labour deal, every full-time employee will be entitled to at least five training days a year from 2024. Before 2023, this amounted to four days. At the same time, this law requires companies employing at least 20 workers to draw up a training plan once a calendar year. ➤

January 2024 - The Miscellaneous Tax and Financial Provisions Act of 20 November 2022 extends the audit and assessment deadlines for income taxes in certain situations that the tax administration must take into account. The applicable three-year period for checking a timely filed and formally correct return remains unchanged. ➤

November 2023 - SMEs are pessimistic about their profitability and the rising number of late payments. This is according to the SME barometer of business association Unizo.
According to Unizo, the profitability problems are due to sharply rising wage costs and energy bills. These weigh on the cost structure of… ➤

November 2023 - On 14 November, the Flemish government agreed on the new nitrogen standards. The rules have quite an impact on agriculture and also businesses.
Whether the agreement is also legally watertight remains to be seen. But that there is an agreement can already be called a small miracle. For farmers and… ➤

November 2023 - Taking inventory a few times a year? It is a time-consuming and error-prone activity from which, unfortunately, you cannot escape. Fortunately, it can be done faster and more accurately. Software does the difficult counting and calculation in your place. Thanks to automated stock management, you always have up-to-date inventory figures. ➤

November 2023 - Is your accountant busy with the year-end closing process but can't imagine much about it? This article explains in non-technical terms what the year-end process entails, what exactly the government expects from you and your accountant, and what you, as a business owner, can do to help your accountant. ➤