Knowledge Center
The innovation income deduction (IID)
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.
What criteria determine your eligibility for the PPTE?
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?
The partial exemption from payment of withholding tax (PPTE)
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.
Act now and prepare your future
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 process...
Does Belgium offer tax incentives for innovation?
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 companies...
Is R&D a priority in your company?
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...
Which exemption category will your company belong to?
Are you conducting research activities? Don't miss out on the partial exemption from payment of withholding tax on earned income (PPTE). This is an extremely advantageous niche tax… but also a highly technical one. Did you know, for example, that not all categories of...
Taxation – are your staff eligible for the PPTE?
Like many companies, you may have already taken advantage of the partial exemption from payment of withholding tax for R&D (PPTE). This is a tax incentive offering a reduction of up to 80% on the salaries of your researchers. While it’s...
How can you nail down the R&D aspect of your activities?
The number one niche tax for research and development in Belgium is called the “partial exemption from payment of withholding tax for researchers”. Known as the DPP, it is synonymous with an appreciable tax break on your payroll, provided you have a good grasp of its...
3 steps to optimise your IID benefits
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...
A ruling – the key to securing the benefits of the IID
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 ruling or...
What if your software benefited from a tax break?
The Innovation Income Deduction (IID) has opened the door to other intellectual property rights. This is a boon for copyrighted computer programs. You just need to determine - and prove - that your software is eligible for the IID… Here’s how. It's no secret that the...
IID: the tax incentive that expands the field of innovation
Belgium continues to be a country that welcomes innovative companies, thanks to a very attractive fiscal framework, and here is the latest boost... The IID, a tax incentive that is not limited to patents (unlike the PID), is available for other intellectual property...
Taxation serving to boost innovation
This document explains the latest developments in this area, the main principles involved and the right questions to ask yourself.
Our scientists and tax specialists will assist you all the way
From identifying eligible projects, right through to obtaining reductions in corporation tax. Our experts will also ensure that your business optimises its Innovation Income Deductions.
MoneyOak helps you to grow, to develop. Highlight what contributes to the influence of your business. Invest in the future.
Contact
Follow us
Copyright © 2020 • MoneyOak • All rights reserved