The Belgian Ministry of Finance has published the annual index adjustments for the 2023 tax year (2024 assessment year). Among other things, this includes the individual income tax brackets for the 2023 tax year. The standard brackets and rates are as follows:
- up to EUR - 15,200 - 25%
- over EUR 15,200 up to 26,830 - 40%
- over 26,830 up to 46,440 - 45%
- over EUR 46,440 - 50%
The brackets and rates used in calculating the effects of allowances are as follows:
- up to EUR 10,680- 25%
- over EUR 10…