The government has just tightened its budget… Here, broadly speaking, is what will be changing in the daily life of Expats.

Posted on 26.07.2015

A brief history of Brussels & Belgium

-  An increase of the TVA in your electricity bill, from 6 % to 21 %;

-  An increase in excise tax i.e. on the price of tobacco, diesel oil and alcohol;

-  If you want to increase the value of your property, that is to say, you buy a property and you resell it in the following 6 months, you will be taxed on the extra value. The tax is not yet fixed;

-  If you have shares & bonds in Belgium, the tax will increase from 25% to 27%.

-  Still currently being negotiated, a health tax on sodas, palm oil and alcoholic sodas.