Home » today » Business » The tax authorities will deduct less from your wages (so that you will withdraw less from taxes)

The tax authorities will deduct less from your wages (so that you will withdraw less from taxes)


© BELGA

The tax authorities will no longer systematically deduct too much taxes from wages, Minister of Finance Vincent Van Peteghem (CD&V) reported on Tuesday. The last news. This means that you will have more net each month, but that you will also withdraw less from taxes.

mtmSource: The last news

With the measure, the Minister of Finance wants to put an end to the “free loan” to the government and make the withholding tax scales more in line with the personal income tax scales. As a result, the employee would be left with an average of 128 euros more next year, an additional 209 euros in 2023 and another 243 euros in 2024. Please note: this concerns money that you will not get back later – after your tax settlement.

“It is not yet about a full equation with what people ultimately have to pay,” said Miet Deckers, Van Peteghem’s spokesman in the newspaper. “Tax reductions for, for example, the costs of childcare or the expenses for service checks are only settled when the tax return is processed.”

— .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.