Glossary entry

Dutch term or phrase:

bedrijfsvoorheffing

English translation:

advance levy or withholding tax on professional income

Added to glossary by Alexander Schleber (X)
Apr 15, 2004 12:14
20 yrs ago
15 viewers *
Dutch term

bedrijfsvoorheffing

Dutch to English Bus/Financial Law: Taxation & Customs
"...houdt een verplichte bedrijfsvoorheffing in die gelijk is aan de vermelde percentages."

Tax assessments on insurance policies.

TIA

Proposed translations

6 mins
Selected

advance levy or withholding tax on professional income

Servotte Business Dictionary (a Belgian publication)

--------------------------------------------------
Note added at 8 mins (2004-04-15 12:22:16 GMT)
--------------------------------------------------

Servotte Business Dictionary (four languages) ISBN 90 02 19165 0; Standaard Uitgeverij, Antwerp.

--------------------------------------------------
Note added at 1 hr 16 mins (2004-04-15 13:30:55 GMT)
--------------------------------------------------

It seems to me that Mr Servotte was barking up the wrong tree on this occasion. All the websites that refer to \"bedrijfsheffing\" are Belgian, and all seem to refer to what is known in the Netherlands as \"loonbelasting\", or simply payroll tax, which is a form of input tax withheld by the employer (or withholding agent (pensions, etc.)) that is later deducted from any income tax owing on wages or salaries, etc. earned in employment.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks to all. I'll go with the advance levy (that I had used provisonally anyway), since it concerns withholdings of taxes due on insiurance payouts, i.e. personal income."
+1
15 mins

tax on wages and salaries deducted at source

http://www.smallbusiness-centre.net/Croner/Attachment/200307...

Similar to PAYE : Pay as you earn (PAYE) is the system under which income tax is deducted at source from
wages and salaries paid to employees. The employer is required to calculate and deduct income tax each time a payment is made to the employee.
Peer comment(s):

agree writeaway : looks like you were right-but not surprised you were overlooked. after all, you live in Belgium.
803 days
Something went wrong...
+1
803 days

for future information-Hirselina had the right answer

Belgium Chapter 14 Tax administration
The précompte professionnel/bedrijfsvoorheffing is the compulsory withholding at source of the tax on salaries and wages and the nonresident income tax due ...
e-fpo.fpo.go.th/e-fiscal/PWGuides/individualguides/DOCS/wcd00013/wcd013c3.htm
Peer comment(s):

agree hirselina : Thanks!
3253 days
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search