The taxable benefit in kind related to the free disposal of housing facilities enjoyed by a company director has almost doubled.
Indeed, as of January 1st, 2012 the taxable benefit for a non-furnished property with a "deemed rental income" ("kadastraal inkomen" / "revenue cadastral") exceeding 745 EUR is calculated on the basis of: 100/60 x deemed rental income x 3.8 (instead of "2", the factor applied before).
Also the taxable benefit in kind of the free supply of electricity and heating to company directors has increased to 910 EUR for electricity and 1,820 EUR for heating (Royal Decree of February 23rd, 2012).
