In 2003, Belgium introduced a programme for partial exemption from paying withholding tax for organisations employing researchers. This measure enables businesses not to pay the tax authorities up to a maximum of 80% of the withholding tax usually deducted at source from the salaries of staff involved in innovation projects and research and development projects.
The definition of research and development is based on the Frascati Manual and covers basic research, industrial research and experimental development.
And because we are so confident about achieving results for you, we work on a “no cure, no pay” basis.
Drawing on its scientific expertise and strong relations with the authorities in question (FPS Finance, FPS Scientific Research, etc.), MoneyOak will guide you through:
– Identifying the eligible basic research, industrial research and experimental development projects in your organisation
– Assembling application dossiers (drafting technical dossiers, processing timesheets, etc.)
– Securing and managing relations with the tax authorities and your partners (Belspo, social secretariats, etc.)
– Implementing and optimising the scope for exemption from paying withholding tax
– Assistance in the event of a tax inspection
Our scientists and tax specialists will assist you all the way, from identifying eligible projects, right through to obtaining tax refunds. This is your guarantee of a job well done, with the best possible results.