Search form

menu menu

Tax on pension

Question

Hello

Is the tax on pension the same as on income? More or less 50%?

Or is it less? I know it depends on specifics but I'm curious about the more or less comparison. Thank you.

becasse

IPP is applied in exactly the same way although if you manage to get the rate on your overall pension to 50% you have an extremely generous pension.

Our total pensions are more than adequate and the tax rate works out at somewhere around 25%.

May 19, 2016 22:14
S

Thank you Becasse! Do you know the grouping for tax brackets, roughly? Or where I could find a simple version?

May 19, 2016 22:19
becasse

On the Belgian Ministry of Finance website.

May 20, 2016 09:58
becasse

On the Belgian Ministry of Finance website.

May 20, 2016 09:58
shortof

Tax is not more or less 50% it is very variable. It is such a fallacy to think it's 50%. Some people can only dream of an income large enough to pay 50%

May 21, 2016 00:59