Overview disallowed expenses TY2022

As a general rule, expenses incurred by a company in the context of its economic activity are deductible for tax purposes. For certain expenses however, Belgian tax legislation allows no deduction or a partial deduction for tax purposes. Expenses that are subject to tax deduction restrictions are referred to as ‘disallowed expenses’.

For information regarding the tax treatment of expenses in specific situations, please liaise with your contact person at Baker Tilly.

This table provides an overview of the various disallowed expenses that may occur during the financial year 2021 (and related tax year 2022).

This overview intends to provide a summary of the expenses that are (partially) disallowed for corporate income tax and VAT purposes and can therefore only be used as a guideline.