No new tax for company car holders!

The federal government managed to reach an agreement on Monday evening in the matter of taxation of company cars with combustion engines. Those who also use their company car privately pay tax on the benefit in kind, which is recalculated every year. Whereas until now there was a risk that this benefit in kind would rise by 20% this year, there will ultimately be no excessive increase in the cost of these vehicles. Deputy Prime Minister David Clarinval is pleased with the agreement reached within the government on company cars. "I am delighted to have prevented the tax increases on the benefit in kind demanded by Ecolo. Objective achieved!" Minister Clarinval also assured that the government will take into account the unanimous agreement of the social partners in the matter of the fight against fraud and social dumping in the meat, construction and removals sectors. Deputy Prime Minister Clarinval is also pleased about the withdrawal of the "anti-abuse" provision from the plan against tax fraud, which reversed the burden of proof and gave excessive power to the tax administration against businesses and citizens.

I am delighted to have prevented the tax increases on the benefit in kind demanded by Ecolo. We are not taxing workers any further and are adjusting the calculation of this benefit to reflect the representativeness of the existing vehicle fleet #Thread 1/3https://t.co/NGw1QgPRZz

David Clarinval (@DavidClarinval) 30 January 2024