by Martial | Sep 30, 2020 | Innovation income deduction
For several years, the Patent Income Deduction (PID) was the benchmark for tax incentives for innovation. Now it is called the Innovation Income Deduction (IID). The IID incorporates several new features that are fundamental to benefiting from it.
by Martial | Sep 30, 2020 | Exemption from Payroll Tax, Innovation income deduction
How do you create the potential for a successful future? Certainly by making the best use of your circumstances in relation to innovation and R&D. But each situation is unique, requiring a specific approach and expertise. So don’t launch yourself into this...
by Martial | Sep 30, 2020 | Exemption from Payroll Tax, Innovation income deduction
Belgium remains one of the most generous countries in terms of R&D. Among its incentives are the partial exemption from payment of the researchers’ withholding tax (PPTE) and the innovation income deduction (IID). The money is available, but it is up to...
by Martial | Sep 30, 2020 | Exemption from Payroll Tax, Innovation income deduction
The level of R&D is a real driver of economic performance. Taxation plays a key role in this, being a powerful tool to support companies. Thanks to an attractive tax system, R&D spending in Belgium between 2007 and 2017 exceeded the European average. But are...
by Martial | Sep 7, 2020 | Innovation income deduction
The IID is gaining momentum thanks its attractive advantages: a tax deduction of 85% applied to your net income from innovation. An opportunity not to be missed, but you still need to make the most of the scheme to optimise your benefits. The process is not automatic...
by Martial | Sep 7, 2020 | Innovation income deduction
The Innovation Income Deduction (IID) has been a real success and a tax incentive not to be missed. But you still need to watch your back – in terms of calculations and methodology – to avoid a backlash from the taxman. How? By obtaining a commitment (a...
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