News Archive

The year 2023 has not yet started, yet the legislature is already carrying out a number of important changes in respect of VAT which will be applied on 1st January 2024. We have set them out for you below.

On 1st January 2023 a major change will take place in the Netherlands with consequences for Dutch directors of foreign, in this case Belgian, companies. The tax exemption that currently applies in the Netherlands for the remuneration of foreign directors will soon no longer be applicable. We explain the change below.

It is with great sadness that we have to inform you that Roger Vandelanotte, the founder and progenitor of ‘Vandelanotte, more than accountants’ passed away on 5th December at the age of 102.

Many contractors today use the co-contracting party arrangement for their outgoing invoices. This scheme ensures that the co-contractor of the construction work has to declare and pay VAT through its VAT return. The scheme originated with Article 20 Royal Decree nr. 1 of the Belgian VAT Code [Art. 20 KB nr. 1 WBTW]. This royal decree was recently amended and we would like to inform you of it.

On 10 November 2022, the Miscellaneous Labour Provisions Act was published in the Belgian Official Gazette. This law delineates the measures taken in view of the long-awaited 'Labour Deal'. In this article, we list the specific measures that have a direct impact on labour flexibility within your company.

The transition period for teleworkers in cross-border employment was recently extended to 30 June 2023. As a result, the measures in place during the coronavirus pandemic are still in place. Also, the social security system currently applicable to cross-border workers working from home will in principle continue to apply. We are happy to tell you more about it.

Last week, the authorities published a new law containing various provisions on incapacity for work. Among other things, the law stipulates that up to three times per calendar year, employees are not obliged to present a medical certificate for their first day of incapacity for work. This article briefly explains to what extent this law is applicable to all companies and how a company may deviate.

On 1 August 2022, the UK launched a “Register of Overseas Entities” to combat money laundering and tax evasion. In other words, there is now a registration obligation in force for all overseas (non-UK) entities that own or lease land or property in the United Kingdom. This article briefly explains the implications.

The year is almost over! That means the ordinary investment deduction’s temporary increase to 25% will soon end as well. So, now is the time to invest! We will explain why below.

The Covid crisis and the so-called 'War on Talent' proved to be a true turning point where traditional work arrangements are concerned. It's forcing businesses to look beyond their own region in their search for suitable job candidates – or even outside their own country. A willingness to look farther can open up opportunities for your business as well.

A replacement holiday is required for any public holiday that falls on a Sunday or what is normally a non-working day for your business (generally Saturday). This ensures that your employees still receive the ten annual public holidays to which they are entitled. We will provide more information as well as an overview for the coming year.

Due to major strike action at both the Esso-ExxonMobil and TotalEnergies oil refineries, fulfilling petrol station supplies is currently proving particularly challenging. But what should you do if this makes it difficult for your employee to get to work?

Many enterprises make use of the tax credit for environmentally friendly investments in research & development (R&D) and patents. However, these enterprises will now see their tax benefits melt away when they also apply the partial withholding tax exemption for R&D professionals. Let’s take a closer look.

Some companies already embraced hybrid work arrangements previously. Due to the Covid pandemic, when teleworking even became mandatory for a time, acceptance of remote working has accelerated. Hybrid work arrangements, where employees alternate between time in the office and working from home, have become the future.

In order to make Flanders asbestos-free by 2040, an asbestos report will become a requirement for any transfer of real property built before 2001 with a footprint equal to or exceeding 20 m2 from 23 November 2022. Additionally, all owners of properties built before 2001 must have obtained such a report by 31 December 2031. This article explains the implications in more detail.

Rising energy prices have created a new trend among old and young alike: those who can afford it are heading south to spend the winter there. This is due to prices at all-in hotels in Spain often being cheaper than energy bills in Belgium. Thanks to remote working, employees whose jobs allow it can continue to work without having to take leave. Employers should pay attention to the following points when an employee makes this kind of move.

“Mobility Week” means this is a good time to reflect on the tax greening process for motor vehicles once more. The law on “tax and social greening of mobility” of 25 November 2021 has been in force for almost a year now and several key dates in the tax greening process for moto vehicles are fast approaching. We will summarise the most important points.

The VVPRbis (reduced tax) scheme allows certain companies to pay dividends subject to a lower rate of tax at source (withholding tax). Where the normal rate of tax on dividends would normally be 30%, businesses that fall under the VVPRbis scheme can apply a reduced rate of 15% or 20%.