The enhanced deduction for investment, an underutilized opportunity
In a constantly evolving Belgian fiscal landscape for innovation and R&D, the Enhanced Deduction for Investment (EID) is often overlooked by businesses. This rediscovery is crucial for financing innovative initiatives, especially for the fiscal year 2023 with EID rising to 27.5%.
Unlocking additional value:
The EID offers an additional deduction for targeted investments such as patents, R&D with neutral or positive impact on the environment, and energy savings. It also extends to other areas such as zero-emission trucks and payment digitization.
It complements existing tax incentives for research and innovation.
Its specificity this year? Following the inflation of 2023, its deduction for the fiscal year 2023 rises well above previous years, rising to 27.5%.
A time-limited opportunity:
Note the deadline of March 31 for the application for the fiscal year 2023 attestation, allowing for a EID rising to 27.5%.
Don’t miss this opportunity by reading our whitepaper to see what the EID, as well as our services, can offer you! For more answers to your questions, feel free to contact our experts.
For more answers to your questions, don’t hesitate to get in touch with our experts: