2020 Tax Return: Appeal the Tax Bill

How and where you do that is explained on page 2 of your tax bill. You have to send a letter to the address in the middle of the page within six months after you receive the tax bill. That means the letter must arrive with the tax authorities within six months plus three working days from the date the …

2020 Tax Return : The Tax Bill

tax bill

Now that you have filed your tax return, all that you can do is wait for the tax man to send you the tax assessment or tax bill. The “avertissement extrait de role”/”aanslagbiljet” is really the tax bill for your 2019 income. If you have not seen one before, you can click here to see one. If the tax bill …

Taxes in Corona Times

Covid-19 has changed certain rules and habits. You cannot visit the tax office to get help to complete your tax return, that has to be done over the phone (see help). You may have been forced to work from home and your employer can pay you a tax-free allowance of €126.94 for working at home, plus €20 (for the use …

2020 Tax Return: Box XII – Paying your Taxes in Advance

If you have paid your tax in advance, e.g. because you don’t have an employer who deducts the tax from your salary, you report that under 1570/2570 in Box XII. Paying the tax in advance is highly recommended, in particular for self-employed. Not doing so results in a tax increase of 2.25% of the tax. If you don’t have to …

2020 Tax Return: Box X – Other Tax Deductions

Box X is for all sorts of payments or expenses that you have made and for which you can claim a tax reduction. That goes from donations to charities (1394): the minimum is €40 per charity, if you have a tax certificate of the donation, you can recover up to 45% of the gift by reducing your tax bill; childcare …

2020 Tax Return: Box IX – Mortgages

In box IX you mostly report interest and mortgage payments to buy your main residence (under I) or another property (under II). The tax incentives to buy your main residence are a regional matter and you will see that the codes relating to your main residence start with a 3 (for him, on the left) or a 4 (for her). …

2020 Tax Return: Box VIII – Maintenance Paid and Losses from Previous Years

Losses If you have made losses in past years, i.e. you had more expenses than income, you can carry forward these losses to later years and deduct them here. Maintenance paid If you pay alimony and/or child support to your ex, you can deduct 80% from your income. Maintenance paid can be deducted up to 80% if you have a …

Capital Gains

As a matter of principle, Belgium doesn’t tax capital gains if they are made by way of “normal management of private wealth”. Private wealth is anything that you don’t use for your job or for professional purposes. And the normal management of your private wealth is what you do to keep your wealth growing safely, without speculating. Speculation would be …

2020 Tax Return: Box VI – Alimony and Child Support

If you receive alimony, you must declare it in Box VI under code 1192 and you will be taxed on 80% of the maintenance. There are separate codes for maintenance that is paid retroactively following a court decision (1193) and for maintenance that is paid in a lump sum. In that case, you have to declare every year a percentage …