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Tax on pension
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%.
On the Belgian Ministry of Finance website.
On the Belgian Ministry of Finance website.
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%