End-of-year tips: Prepare for 2024

• Remember the 6% interest payment on paper donations
• Untaxed mileage allowance in 2024 to a maximum of €0.23
• Untaxed VAT services? Consider the pro-rata application for the VAT pre-deduction
• Use the free room of the WKR for a last untaxed compensation to the staff or the DGA
• Make use of the gift-free amount to children of € 6,035.
• Introduce minimum hourly wage law as of 01-01-2024. Check whether you still comply with the correct minimum hourly wages.
• Dividend payment in 2023 or 2024? The rate is going to change in 2024. Check whether it is interesting to pay dividends this year or next year.
• Increase usual wage 2024 to € 56,000.

Disclaimer: some tips come from the tax plan 2024, which still needs to be approved by the 1st chamber.