The Belgian individual income tax bracket thresholds are all increased for 2015, although the tax rates for each bracket remain the same. The brackets and rates are as follows:
- up to €8,710 - 25%
- over €8,710 up to 12,400 - 30%
- over €12,400 up to 20,660 - 40%
- over €20,660 up to 37,870 - 45%
- over €37,870 - 50%
In addition to the bracket threshold increases, the various personal allowances that apply in determining tax payable are generally increased for 2015 as well.