New federal government in Belgium
On 31 January 2025, Belgium's new federal government announced an agenda to revitalise the economy through major tax policy changes and sector-specific reforms.
The new government agreement outlines a comprehensive plan to stimulate competitiveness, foster innovation, and ensure sustainability across various sectors.
Key direct tax measures include, for example, the introduction of a capital gains tax and a tax regime for carried interest, changes to the participation tax exemption regime, flexibility to the group contribution regime and the abolition of the tax increase and cash tax for audit adjustments. While details remain to be finalised, the agreement promises significant changes that will impact both individuals and businesses.
In the real estate sector, the government has announced several initiatives to promote sustainable investments and streamline processes. These include changes in the field of the deductions for investments and increased amortisation rates for energy-saving investments. Additionally, measures to simplify co-ownership rules in case of sustainable investments and reduce restrictions for certain types of investors (such as pension funds and, insurers) to invest in shares.
The government agreement also brings transformative changes to labour laws, particularly concerning night work. The abolition of the principle ban on night work will provide greater flexibility for employers, especially in the distribution sector, allowing for more adaptable working schedules.
As we delve deeper into the specifics of these reforms, we will provide detailed insights into the current situation and the proposed changes. Stay tuned for more updates on how these measures will shape the future of Belgium's economy and various sectors.
Podcast
New federal government in Belgium
Seven experts are analysing the main changes in the new legislation and discussing its impact on professionals and companies in Belgium.