Since October 2014, traders or liberal professionals have been allowed to choose whether they round a receipt to the nearest 0 or 5 cents. From December 1, rounding will be mandatory if you pay in cash. If the total amount on your receipt ends at 1, 2, 6 or 7 cents, it will be rounded… Continue reading
Category: Pets
Depositing in January produces the largest pension savings bank
Many Belgians wait until the end of December to arrange their retirement savings for that year. But if you want to maximize your retirement savings, you should review that timing. January is the best month for both the pension savings insurance and the pension savings fund. Since 1989, in 22 of the 31 years, the… Continue reading
Safe alternatives to savings accounts are increasingly scarce
‘W.ie stays with savings products, should not count on interest rates higher than 1 percent for the next ten years. That means another ten years of loss of purchasing power. ‘ Anyone who swears by the savings account will probably not be happy with the perspective that Peter Vanden Houte, the chief economist of ING… Continue reading
What does corona mean for your savings and pension savings?
Your savings V.For the capital you have put into safe savings products, the impact of the corona crisis will be relatively limited. In contrast to investment products, safe savings products require capital to be retained. So with a savings account, a term account and a savings insurance (branch 21) you can be sure that you… Continue reading
Tax authorities do not want to know about exemption from foreign savings accounts
In Belgium, the interest on regulated savings accounts is exempt from withholding tax up to an amount of 990 euros (2020 income). The interest that Belgians receive on foreign savings accounts can, in theory, also fall under that exemption. Provided that those foreign savings accounts have the same characteristics as the Belgian ones, such as… Continue reading
Friends’ capital can become ‘stillborn child’
June 05, 2020 Today at 18:25 The chance that the friends’ capital can repeat the success of the win-win loan seems minimal. The federal tax shelter offers a greater tax advantage to those who invest savings in the capital of a company. It will not be possible to profit from both tax benefits with the… Continue reading
Cooperant has little trouble with corona
M.he are more than 800,000, the holders of public cooperative shares. The latter cannot be compared with listed shares. An important difference is that in principle the value of cooperative shares does not change. The nominal value remains the same, so there is no prospect of potential added value. There are also major differences in… Continue reading
More Belgians report interest savings accounts
The increase is due to the halving of the tax-free bracket that the government implemented at the end of 2017. In 2017, interest on savings accounts was still exempt from withholding tax up to 1,880 euros. In 2018, the tax-free bracket was set at 960 euros. At a savings interest rate of 0.11 percent, EUR… Continue reading
Belgians are less likely to go into the red
Of the 18.7 million current accounts held by Belgians, about 1.2 million were in the red at the end of 2019. That equates to 6.4 percent of the bills. The trend is clearly declining, because at the end of 2014, 9.4 percent of the 16.2 million current accounts were still in the red, according to… Continue reading