Bespaar op je belastingen met een voorafbetalinsgplan

Save on tax with a pre-payment plan

Sole-trader businesses and companies that fail to pay any or enough taxes in advance are penalised in the form of a tax surcharge of 6.75%. Therefore, it’s definitely worth the effort to make the payments on time. Of course, paying your taxes upfront seriously eats into your budget. A tax-efficient solution, however, would be to set up a pre-payment plan.

Find out more about the KBC Brussels Tax Pre-Payment Plan

What is a tax pre-payment plan?

A tax pre-payment plan is a business loan that you can use to finance payment of your taxes. Instead of you having to transfer your payments in advance to the tax authorities, KBC Brussels does so on your behalf.  After that, you can repay what you’ve borrowed over a period of time. If the amount you pay upfront is high enough, you qualify for tax benefits regardless of whether you’re a sole-trader business or a company.

What are the benefits of a tax pre-payment plan?

Keep your own funds free for other purposes

A tax pre-payment plan ensures your liquid assets remain available to cover other investments or operating expenses.

Spread your repayments

You can repay what you borrow over a 12-month period, meaning you avoid having to put up a large amount of money all at once.

Get tax benefits

Not only do you avoid a tax surcharge, the interest you pay for your loan is tax deductible.

When and how can you take out a tax pre-payment plan?

Wanneer en hoe kun je een voorafbetalingsplan afsluiten

The tax authorities have set four deadlines you need to keep in mind every year when transferring your pre-payments. These are 10 April, 10 July, 10 October and 20 December. You can make a pre-payment once or at different times.

At KBC Brussels, you can set up a tax pre-payment plan in KBC Brussels Mobile, KBC Brussels Touch and the KBC Brussels Business Dashboard up to two days before each transfer deadline. For example, if you conclude your contract in June, we’ll make sure the tax authorities receive your payment on 10 July.

Tip: Arrange pre-payment as early as possible to maximise your benefit

The tax benefit, or the ‘reduction of the increase’, decreases the later you make payment in advance. To enjoy the maximum benefit, it’s best to arrange these payments early in your financial year.

Set up your tax pre-payment plan before 8 April and enjoy tax relief

Your pre-payment will be transferred on the first possible date in 2025, namely 10 April. Repayment of your credit facility starts the month after it is taken out.

Work out your rate

Learn more about the tax pre-payment plan

Find out more about the KBC Brussels Tax Pre-Payment Plan