Exemption from Payroll Tax
Do you employ talents to increase the knowledge of your company?
In 2003, Belgium introduced a programme for partial exemption from paying payroll tax for organisations employing researchers. This measure enables businesses not to pay the tax authorities up to a maximum of 80% of the payroll tax. This payroll tax is usually deducted at source from the salaries of staff involved in innovation or research and development projects.
The definition of research and development is based on the Frascati Manual and covers basic research, industrial research and experimental development.
And because we are so confident about achieving results for you, we work on a “no cure, no pay” basis.
The added value for your company
Drawing on its scientific expertise and strong relations with the authorities in question (FPS Finance, FPS Scientific Research, etc.), MoneyOak will guide you through:
- Identifying the eligible basic research, industrial research and experimental development projects in your organisation
- Assembling application dossiers (drafting technical dossiers, processing timesheets, etc.)
- Securing and managing relations with the tax authorities and your partners (Belspo, social secretariats, etc.)
- Implementing and optimising the scope for exemption from paying payroll tax
Assistance in the event of a tax inspection
Our scientists and tax specialists will assist you all the way
From identifying eligible projects, right through to obtaining tax refunds. This is your guarantee of a job well done, with the best possible results.
The legislator has extended the scope of the exemption from withholding tax (PPTE) to all companies employing researchers. However, the eligibility conditions and the calculation rules vary depending on the category you belong to. What do you need to take into account?
This tax mechanism is one of the most popular among Belgian companies. But using it remains complex. Knowing whether your project falls within the scope of R&D is one of the main difficulties. So it is important to be well supported.