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2102, 2023

Alternative remunerations

By |February 21st, 2023|Categories: Taxes, Human resources|0 Comments

We all know that Belgium is one of the countries in the world that taxes professional income the most. Indeed, above a certain threshold, almost half of the salary package granted by the employer is subject to taxes (federal, regional, municipal), to which must be added the social contributions! Nevertheless, in order not to demotivate workers and to encourage [...]

1302, 2023

Personal income tax rates

By |February 13th, 2023|Categories: Taxes|0 Comments

Personal income tax rates are progressive . This means that the tax rate rises as incomes grow. Personal income tax is calculated on all taxable income, even if some income was received or obtained abroad. The progressive tax rates for the following fiscal and income  years are the following : Income brackets Tax rates Tax year 2023 (income year 2022) [...]

602, 2023

Classes of shares’ disavantages

By |February 6th, 2023|Categories: Corporate|Tags: |0 Comments

While creating share classes within a company may have certain advantages, it is not a trivial decision. The presence of share classes implies more cumbersome formalities for a number of operations. As an example, two of the most impacted operations are detailed below, namely: the modification of the rights attached to the classes; and the capital increase. Modification [...]

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