News Archive

On 2 May, the Cabinet decided to temporarily reduce the VAT rate for face masks and hydroalcoholic gels from 21% to 6%. This reduced rate applies to supplies, imports and intra-Community acquisitions from 4 May 2020 up to and including 31 December 2020.

Meeting in times of corona is anything but obvious. However, every year the spring months are the top months when it comes to general assemblies. Many companies and associations are currently experiencing practical difficulties in organizing these general assemblies. How to bring together shareholders or members while respecting the rules of social distancing but without affecting their respective rights? Our experts conducted the investigation for you.

Flemish enterprises and self-employed workers to whom the nuisance premium for mandatory closure was granted until the 5th of April 2020, will automatically receive further compensation of 160 euros per mandatory closure day for the subsequent period.

After the Flemish Region, the Government of the Brussels-Capital Region also introduced additional support measures for companies affected by the Covid-19 virus. The exact terms for these measures are currently being defined. Below you will find an overview of the announced measures.

Cyber criminals are active, even during the corona crisis. In recent weeks, an increasing number of phishing emails have been sent around the world. These often exploit the coronavirus and other topical events. But how can you recognise a phishing email?

The National Security Council resolutions agreed on March 17, 2020 in the context of combatting coronavirus, have resulted in numerous mandatory measures for businesspersons and companies. These prevention measures are essential for enabling the continuance of company operations.

Nobody could have predicted the impact of coronavirus on our society. No preparedness and response plan was in place to cope with the corona crisis. Meanwhile, the initial impact has been experienced by many businesses and initial measures have also been adopted. Below is a list of the main support measures offered by the government, however, these measures will not provide everyone with sufficient support. As it is important to also look to the future, our specialists have put together their main tips for generating a coronavirus action plan.

The Flemish government made it clear some time ago that it intends to support not just companies that have been forced to close down, but also those suffering serious loss of turnover due to the operating restrictions imposed by the Belgian National Security Council. The Flemish government has now officially approved the coronavirus compensation and the eligibility conditions have been clarified.

As a result of the current coronavirus crisis, more and more people are thinking about how to protect themselves against the consequences of a possible state of legal incapacity. An extrajudicial protection mandate or extrajudicial power of attorney provides a solution here. Thanks to this mandate, you can autonomously perform certain legal acts relating to the protection and transfer of assets or to your personal care if you become ill.

Are you employed as a frontier worker in France? Are you in the freight transport industry and travelling to France for this reason? In that case you must be able to present a declaration justifying the reasons for your trip.

A lot of employers are currently finding it difficult to keep their employees in full-time employment. The number of orders is decreasing, there are fewer customer visits and the delivery of goods has become more difficult. As an employer, there is sometimes no other option than to place your employees on temporary unemployment. However, this also has financial consequences for them. What can you do as an employer?

The measures to restrict the spread of the coronavirus disproportionately affect specific sectors such as tourism, agriculture and horticulture. Measures have been implemented to support floriculture, for example, which is heavily affected. Continuous monitoring of the market is required in order to be able to activate European agricultural and horticultural crisis management instruments in time to prevent even more serious consequences.

Accountancy and auditing firm Vandelanotte delivered no less than 80 kilograms of Easter chocolate to the children of the non-profit organisations O2 Wervik and Onze Kinderen Roeselare, and to the healthcare providers of the Jan Yperman Hospital on Wednesday 8 April. The office wants to give them an extra boost in this way.

The government strives to support businesses as well as possible in these challenging times. Many new support measures have been adopted and certain formal requirements have been relaxed. The coronavirus crisis may also open up business opportunities, inspiring companies to innovate in order to keep employees productive or to develop new strategies. In addition to the support measures, the Flemish government provides aid for the implementation of such opportunities, ideas and challenges.

A frequently asked question from entrepreneurs faced with liquidity problems during the coronavirus crisis was whether there will be a postponement of the advance payments in personal and corporate income tax scheduled for 10 April 2020.

The coronavirus has currently spread around the planet, though its full impact will not be apparent until later. Many businesses are therefore operating in survival mode, concentrating primarily on their company’s financial health and on how to retain their employees. We understand. Even in such circumstances, however, it remains important to look further than the current crisis and think about what will happen afterwards.

In addition to the deferral of bank loans for entrepreneurs, the banking sector, in consultation with the Minister of Finance, has also made provisions for the deferral of mortgage loan repayments for private individuals.

As a result of the coronavirus, a lot of employees are working from home. However, for cross-border workers, this can have far-reaching tax implications.