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“The avoidance of tax may be lawful, but it is not yet a virtue .”

(Lord Denning)

 

 

 

 

 

 

 

News

The lump sum allowance for business expenses is raised

Date: 5 December 2006

The Belgian State Gazette of 5 December 2006 publishes the law and the royal decree that raise the lump sum allowance for business expenses.

 

This allowance is only granted to taxpayers who do not claim a deduction for business expenses really incurred.

 

The new figures for tax year 2006 are :

 

€ 0 -

  4,790

26.1%

€ 4,790 -

  9,520

10%

€ 9,520 -

15,850

5%

€ 15,850 -

55,527 

3%

 

The maximum allowance is € 3,230.

 

 

 

 


 

 

Vandendijk & Partners - Advocaten - Avocats - International Tax Law
rue Edith Cavell 66 - B-1180 Brussels - Tel +32 (0)2 343 33 45 - Fax +32 (0)2 343 41 45


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