Hello. I am an EU National, who has recently moved to Belgium to work as independent consultant. I am now about to sign a contract with the first client, and already have an Enterprise number and VAT registration. My question is: how to determine the fee rate? Eg - if you want to end up with EUR 2000 per month as net payment? I know that things such as social contribution (EUR630 p/quarter) and income tax need to be paid. Can you please, give me an advice how to calculate the gross (contractual) rate? Many thanks, Maria
Belgium - 1 Answers
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I think you should contact a accountancy office and/or a service organisation for entrepreneurs (like Unizo http://www.unizo.be/eu/ the most known in the Flanders region). For instance your invoices must contain the necessary information. Do know what is the VAT for your kind of consultancy? The normal percentage is 15%, but like for everything in Belgium there are a lot of special cases... Calculating your income taxes is also not so simple. Basically you pay different percentages for different scales (starting with 0% for the lowest scale up to 55% for the highest top of you income). But it depends also of your family situation, and for instance how many costs you can take into account. It is also important to think about paying a part in advance because you get a interesting discount in that case. Again, an account can help you the best.
