Belgian Government Approves Bill to Abolish Minor Taxes Worth €6 Million

Brussels, The Gulf Observer: The Council of Ministers on Friday approved a bill aimed at simplifying the Belgian tax system by eliminating several minor levies, collectively valued at €6 million annually, Finance Minister Jan Jambon announced.

Among the taxes to be scrapped is the advertising tax, which has not been actively enforced in recent years. The move is part of a broader effort to modernize the country’s fiscal framework and remove outdated or redundant charges.

Also set for elimination is the 4.4% tax imposed on self-employed individuals under their pension agreements. The government stated that the tax no longer aligns with current economic realities and imposes an unnecessary burden on independent workers.

Additionally, the bank transfer fee will be abolished, reflecting the increasing digitalisation of financial transactions, where such charges have become obsolete.

In a separate measure, the bill proposes a reduction in excise duties on plant-based milk products that contain no added sugar. The decision is widely seen as a response to the growing popularity of plant-based diets and a shift in consumer preferences towards healthier and more sustainable alternatives to traditional dairy.

“These changes are part of our commitment to a more efficient and relevant tax system,” said Minister Jambon. “We are removing levies that no longer serve a practical purpose while responding to societal trends.”

The bill will now move forward to Parliament for debate and approval. If passed, the reforms are expected to take effect in the coming fiscal year.