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15% Tax reduction for renovation work in Belgium (Building older than 10 years)

  • Writer: Olivier Benoit
    Olivier Benoit
  • Jan 31, 2016
  • 1 min read

home renovation planning

When considering various options in buying properties in Belgium, you should take into consideration the tax policy in Belgium in order to get a better return of your investment on real estate and house building.

The last tax reform in Belgium for 2016 has led to a number measures that are also affecting the sector of building and renovation. From now on a building must be at least 10 years old for renovation costs of the building to benefit from the reduced value added tax (VAT) rate of 6%. Until now the rule to benefit from a tax reduction was that the building must be at least five years of age.

http://finances.belgium.be/fr/particuliers/habitation/renovation/

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