Taxation in Belgium
In Belgium are three levels of tax authority: national, regional and local. Belgium has one of highest tax burden in EU, including social security it is the highest in EU for single earner. The total tax revenue is 55 %; average in EU is 41 %.
An expatriate working in Belgium will typically be liable to Belgian income tax. In Belgium is no wealth tax for individuals (for instance: it is in France or Spain). The total social contributions in Belgium are very high too. The main direct taxes applicable in Belgium are: corporate income tax and personal income tax. The main indirect tax applicable in Belgium is VAT.
Total receipts of tax and insurance in the Netherlands:
- 32 % - personal income tax
- 29 % - social and health insurance
- 24 % - VAT
- 8 % - corporation income tax
- 7 % - other
Bc. Petr Gola
