What do the different codes in personal income tax mean?

Code Personenbelasting

Ben je zelfstandige met een eenmanszaak? Dan moet je elk jaar de cijfers van je activiteit correct aangeven in je personenbelasting. Daarbij maak je een keuze tussen Vak XVII of Vak XVIII, afhankelijk van het soort zelfstandige activiteit.

Personal income tax – received on a proposal of simplified declarations?

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If the tax authorities suspect they know everything about your personal income tax, you will receive a proposal of simplified declarations. In other words, this means that the tax authority has already filled in your yearly tax return itself and then sends you a proposal thereof. What is a proposal of simplified declarations? 🔎 Basically, […]

Tax advantage service vouchers

Tax Advantage Service Vouchers

A nice perk of using service vouchers is the tax benefit you are entitled to. But how exactly does that work? And how much does this tax reduction amount to? Find out in this article! The cost of a service voucher 💰 First, let’s look at the purchase price of a service voucher. For the […]

A simple or complex personal income tax return?

A Simple Or Complex Personal Income Tax Return

The government makes a division between a simple and complex tax return, which in turn has an impact on the corresponding deadlines. A complex personal income tax return Your tax return is automatically stamped ‘complex’ by the government if it contains one or more of these categories: So if any of the above apply to […]

What if I make losses from my secondary occupation?

What If I Make Losses From My Secondary Occupation

What if you correctly track all your professional expenses for your secondary occupation, but income is still limited (for now)? Is it bad if you make losses as a self-employed person? What is a loss? 🔎 Let’s start at the beginning: a loss in your sole proprietors, what does it really mean? As an entrepreneur, […]

Personal income tax return in Belgium explained

Personal Income Tax Return Explained

What is a personal income tax return?🔎 Personal income tax declaration is literally declaring your income to the tax authorities. So you will make a summary of everything you earned and spent in the past year. Based on this, the Belgian government can then determine how much taxes you have to pay. This return is […]

Provincial and municipal taxes for the self-employed

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Municipal tax: Additional municipal tax 🏙️ On top of the taxes you pay to the federal government, there are also so-called municipal taxes. These amounts, depending on the city you live in, between 0% and 9%, but usually hover around 7%. It is a tax on a tax. So municipal tax is a percentage on […]

Advance payments personal income tax Belgium

Advance payments personal income tax here's how it works

Advance payments on my personal income tax, what exactly does that mean? And does everyone have to pay these? What is an advance payment for sole proprietors? 🔎 To avoid receiving a huge sum of money only once a year, the Belgian government questions advance payments on personal income tax. If you are an employee, […]

Personal income tax – received on a proposal of simplified declarations?

Personal income tax - received on a proposal of simplified declarations?

If the tax authorities suspect they know everything about your personal income tax, you will receive a proposal of simplified declarations. In other words, this means that the tax authority has already filled in your yearly tax return itself and then sends you a proposal thereof. What is a proposal of simplified declarations? 🔎 Basically, […]