Have you overestimated your state pension in Belgium?

Posted November 10th, 2016 in Expenses, Useful stuff by Louise


According to a study by Securex, most self employed people in Belgium overestimate the amount that they think they will get when they retire by 25%.

A survey showed that most freelancers thought they would get over €1000 per month whereas the true figure is closer to €800.



New tax for lazy people (we’re talking bikes here)

Posted October 27th, 2016 in Expenses, News by Louise

summer-sport-bikes-bicyclesSince 1 October 2016 fast electric bikes (top speed 45 km/h), have been allocated a new legal status – they are now considered as mopeds (bike with an engine) rather than bicycles. The major consequence of this change is the end of the total tax exemption for the employer on the bike allowance. Electric bikes can still open the right to an allowance of 0.22 EUR per kilometer but this amount is only tax exempt up until 31.70 EUR per month. There is no ONSS (social charges) to be paid on the allowance. Electric bikes with a top speed of 25km/h are in a separate category and they still retain the total tax exempt status (along with classic bicycles).

Calculate how much your company car will cost you in 2012

Posted January 5th, 2012 in Expenses, News, Useful stuff by Louise

One of Belgium’s payroll agencies, Partena, has published a useful tool that allows you to see how much your company car is going to cost you in 2012 under new tax rules which came into force on 1st January 2012. The new rules calculate the taxable value of your car based on four criteria: CO2 emissions, the catalogue value of the car, the type of fuel used and the distance between your home and office.

Partena’s tool also allows you to compare the cost in 2011 with the new cost in 2012.  It is available here http://partenahr.be/s_car_atn.aspx?&Langtype=2060

Using your own car for work miles

Posted June 1st, 2011 in Expenses, Useful stuff by Louise

If you use your own car (rather than a company car) for work mileage from 1st July 2011 you can claim 0.3352 euros/km.