Luyckx news

In order to prevent the economy from sinking, the Belgian government has decided to make the investment deduction possible until 31 December 2022. One-man businesses, liberal professionals and 'small' enterprises can claim the benefit. An enterprise is small if it has no more than 50 employees, its annual turnover excluding VAT is limited to 9 million euros and its balance sheet total does not exceed 4.5 million euros. In order to qualify for the investment deduction, a company may only exceed one of these criteria. This year, the standard investment deduction was 8 percent. The deduction applies to all investments in fixed depreciable assets that occurred between March 12 and Dec. 31, 2020. This measure is now extended for investments made until Dec. 31, 2022.

Source: https://www.tijd.be/netto/loopbaan/nieuwe-coronama...