Lowest net salaries have risen the most as a result of the tax shift

Lowest net salaries have risen the most as a result of the tax shift

According to figures from the advice and audit bureau Deleoitte; those on the lowest salaries have seen their net earnings rise the most as a result of the Federal Government’s tax shift. Those with a gross salary of 25,000 euro have seen their net income increase by 3,000 euro/annum since the first of the tax shift measures started to take effect three years ago. These figures tally with predictions made by Deloitte in 2015 just after the Federal Government had announced its tax shift plans. However, the tax shift has…

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Government to take action to stop illegal sale of fuel oil as diesel

Government to take action to stop illegal sale of fuel oil as diesel

Finance minister Johan Van Overtveldt has promised to take legal action against petrol stations who are openly selling heating oil to owners of diesel cars as the price of legal diesel has increased. Fuel oil or mazout is a form of diesel known as red diesel, which may be used for agricultural vehicles such as tractors, for which it is sold at a lower tax rate. The name red diesel comes from a dye added to the fuel to make it easier to check. It can also be sold to…

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Green light for on-line shopping in EU

Green light for on-line shopping in EU

As from Monday buyers will not have to worry about a website blocking or re-routing them just because they, or their credit card, come from a different country. Wherever they are in the EU, they will be able to access goods and services online. A new regulation proposed by the European Commission in May 2016 to end unjustified “geoblocking” online will enter into force on 3 December. Geoblocking has been preventing consumers from using the internet in one Member State to buy from a website in another Member State. Frequently…

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