Income tax is calculated by applying a progressive tax rate schedule on the taxable income. The rates are as follows:
Income tax table for income 2018
|Taxable income bracket||Tax rate on income in bracket||Projected taxes|
|From EUR||To EUR||Percent|
All individuals, tax-resident and tax non-resident with a Belgian-sourced income are required to file an annual tax return for their Belgian sourced income.
All contractors who go to work in Belgium must register with the social security authorities and obtain what is known as a Limosa certificate.
A self-employed in a primary occupation has to pay 20.50% of social contributions on the pro rata projected net taxable professional income , plus the administrative costs of the social insurance fund, in his first calendar year of activity. Net professional income exceeding €85 531,59 is taxed at 14.16%. net professional income exceeding 86.230,52 is not taxed for social security.
|Pro rata projected net taxable income 2018||Social contribution on quarterly basis for the FIRST full calendar year|
|<13.296,25 EUR||722,94 EUR MINIMUM|
|13.296,25 EUR||722,94 EUR|
|15 000 EUR||800,27 EUR|
|20 000 EUR||1067,03 EUR|
|30 000 EUR||1600,54 EUR|
|40 000 EUR||2134,05 EUR|
|50 000 EUR||2667,56 EUR|
|60 000 EUR||3158,44 EUR|
|84 612,53 EUR||4.143,18 EUR|
|>84 612,53 EUR||4059,58 EUR MAXIMUM|