News

Company car tax up

December 19, 2011

The Belgian government is putting up taxes on company cars in a package that will bring in around €200 million a year.

Large company cars will now be taxed by up to €1000 a year more than they are now. The move follows a campaign by NGOs calling for changes to the tax regime for company cars, which also called for an end to subsidies for biofuels, higher taxes on diesel, and a rise in registration taxes.

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