zaterdag 3 oktober 2009

Estate tax increased by 4.5%.


Due to a new IT system, we will receive our tax assessments a couple of months later, but this isn’t the only surprise: the estate tax has never grown so fast in Belgium as in 2009. House owners pay now 4.5 percent more estate tax than last year. Normally the estate tax increases by 1.8 percent a year. The reason for this rapid rise is the strong inflation in 2008 caused by high fuel prices during the summer of 2008.

Talitha Hanssens

De Standaard

2 opmerkingen:

EcoEnglish zei

pay now --> now pay
Good text, fine coherence.
(GJ)

EcoEnglish zei

Estate tax increased by 4.5%

Due to a new IT system, we will receive our tax assessments a couple of months later, but this isn’t the only surprise: the estate tax has never grown so fast in Belgium as in 2009. House owners now pay 4.5 percent more estate tax than last year. Normally the estate tax increases by 1.8 percent a year. The reason for this rapid rise is the strong inflation in 2008 caused by high fuel prices during the summer of 2008.

Talitha Hanssens

De Standaard