Holiday pay provision 2018

Like every year the FEB (Federation of Belgian Companies) presented to the FPS Finance the maximum amounts of the holiday pay provisions for 2018 that can be deducted as professional expenses and can be booked in the balances on 31 December 2017.

The next maximum amounts for the holiday pay provisions 2018 were presented by the FEB:

• 18.20% of the fixed and variable remunerations granted in 2017 to non-manual workers enjoying the benefit provided by the annual leave legislation of workers, diminished by the additional holiday pay granted in 2017 (1). Only the normal and periodical remunerations must be taken into consideration, with the exclusion of the holiday pay and the end-of-year bonus. As a consequence of the decrease of the employer contributions in 2018 thanks to the tax shift, the percentage has gone down by 0.4 in comparison with last year;
• 10.27 % of 108/100 of the remunerations paid in 2017 to manual workers and apprentices enjoying the benefit provided by that same legislation.

The percentages are not yet official as they must be confirmed by the FPS Finance. When confirmed, the booked amounts that will serve to pay the holiday pay 2018, will be considered as professional expenses, provided that the thresholds above are observed.

Note: The flexi-wage and the flexi-holiday pay granted in 2017 to flexi-job workers of the horeca sector are not included in the calculation basis. The employer must pay the flexi-holiday pay together with the flexi-wage.

(1) It regards the holiday pay for the days on which non-manual workers have taken additional leave because they were not yet entitled to normal leave when starting or resuming the activity. That additional holiday pay corresponds to the regular wage for the taken additional leave days and is financed by an advance on the legal double holiday pay of the following year.