want to know more about our services or want to chat with our experts? Visit one of our offices near you.
Increase your chances of success with our experts' help.
Our experts will give you the answers you seek.
Alter your business details via our one-stop shop for entrepreneurs.
Discover our practical tool for your social insurance dossier.
Want to know more about our services or want to chat with our experts? Visit one of our offices near you.
and reap the benefits of our social secretariat's support.
Take advantage of Partena Professional's expertise and knowledge
Discover the benefits we can give you as an accountant.
In implementation of the intersectoral agreement, the government will increase the cap of the non-recurring performance-related benefits (collective agreement No. 90) as from 1 January 2016. By doing so, the net purchasing power of the workers will rise.
The industry agreement for 2007-2008 between management and labour established a bonus system commonly known as "CTC 90" or "non-recurring performance-related benefits".
The system allows workers to be paid a social security- and tax-concessionary bonus under certain conditions.
A bonus awarded under CTC 90 is not classed as pay liable to social security contributions if it does not exceed the social security limit set per worker per calendar year.
A 13.07% solidarity levy will, however, be deducted from the amount paid to the worker; while the employer will have to pay a special employer’s levy of 33% on the bonus.
If the effective awarded bonus exceeds the cap, the excess amounts will be liable to ordinary social security contributions.
The cap amounts to 3,100 EUR in 2015 (the indexed amount is 3,130 EUR). As from 1 January 2016 this cap will be increased to 3,169 EUR.
Mind that the threshold is indexed each year and will only be calculated for 2016 upon the announcement of the health index of November 2015.
The bonus awarded under CTC 90 is exempt from personal income tax up to an annual ceiling of 2,695 EUR in 2015 (the indexed amount is 2,722 EUR). If the tax cap is not exceeded, no withholding tax will have to be deducted at source from the bonus awarded.
On the basis of a draft Act, the annual ceiling will be increased to 2,755 EUR as from 2016. This amount will only be final after it has been published in the Belgian Official Gazette (Moniteur Belge).
Mind that as with the social security cap, the tax cap will be indexed once the health index of November 2015 is made public.
You can get bespoke support in introducing a bonus system and answers to legal queries from our legal department on legal@partena.be.
Sources: Royal Decree of 26 May 2015 amending article 38, § 3novies of the Social Security (Employed Workers - General Principles) Act of 29 June 1981, Moniteur Belge 8 June 2016. Draft Act amending the 'Code des impôts sur les revenus 1992' (income tax code 1992) on the portion of the luncheon vouchers and the non-recurring performance-related benefits, Doc.parl. Lower House 2014-2019, No. 1131/001.
FR/NL
Author: Peggy Criel
20/08/2015
The Partena Professional website is a channel for making information available in an understandable form to affiliated members and non-members. Partena Professional strives to provide up-to-date information and this information is compiled with the greatest care (including in the form of Infoflashes). However, as social and fiscal legislation is constantly changing, Partena Professional cannot accept any liability for the correctness, the up-to-date or the completeness of the information consulted or exchanged via this website. Further provisions can be read in our general disclaimer that applies to every consultation of this website. By consulting this website, you expressly accept the provisions of this disclaimer. Partena Professional can unilaterally change the content of this disclaimer.