Belgium's Ministry of Finance has published the individual income tax brackets and rates for 2018. Although the tax rates for each bracket remain the same, each bracket is adjusted as follows:
- up to EUR 9,120 - 25%
- over EUR 9,120 up to 12,990 - 30%
- over EUR 12,990 up to 21,640 - 40%
- over EUR 21,640 up to 39,660 - 45%
- over EUR 39,660 - 50%
In addition to the bracket threshold changes, the various allowances that apply in determining tax payable are generally increased for 2018 as well.
