Result-based bonus plans: new limit for 2015

When you grant a collective bonus, or a so-called "non-recurrent result-based benefit", to your employees, this bonus can - under certain conditions and by means of a specific procedure - be exempted from taxes.   With regard to social security, only a special employer´s contribution of 33% is owed, plus an employee´s contribution of 13.07%.  Moreover, this bonus has no further labour-law consequences, so that it is not taken into account when defining the holiday allowance, the end-of-year bonus or the severance pay in lieu of notice. The maximum exemption is established annually in function of the health index. For 2015 this is now set at a maximum of 3,130 EUR. This maximum exemption applies for all bonuses that are paid out in 2015. The maximum tax exemption is set at 2,722 EUR.

For more information on this specific subject, please contact Sara Cockx (the author) or Gwen Bevers (head of department).