10 May 2023

How to choose the right fiscal incentive for your business 

A lot of companies miss out on tax opportunities because we don’t know what suits their strategy. That’s right – many companies do not take full advantage of the tax incentives and tax breaks available to them. But with so many options out there, it can be difficult to know which measure fits your business activities perfectly. It is time to personalise your taxation and find the incentive that fits your company’s unique personality. FI Group will find the perfect fiscal match for you! 

The Innovator 

The Innovator chooses the tax incentive that rewards companies for investing in R&D activities. With a curious and creative personality, The Innovator encourages companies to explore new growth and development opportunities, develop and test new products and services, and improve existing ones. Always thinking out of the box, The Innovator pushes companies to challenge the status quo and find innovative solutions to complex problems. The Innovation Income Deduction allows companies to deduct up to 85% of their net income from qualifying intellectual property (IP) assets, such as patents and software copyrights. It is an excellent way for companies to reward and encourage innovation, while reducing their tax burden.   

  • For companies looking to drive innovation and stay ahead of the competition, The Innovator is the perfect solution. Do you completely find yourself in the description above? 

The Saver 

The Saver goes for a fiscal incentive that helps companies reduce their tax liabilities by taking advantage of tax deductions and credits. With an economical and practical personality, De Saver is always looking for ways to save money and maximise returns. The Saver encourages companies to be strategic with their finances and take advantage of tax breaks and incentives to free up capital that can be reinvested in growth initiatives. One of the tax incentives from which The Saver can benefit is the partial exemption from withholding tax for researchers. This measure allows companies to reduce the withholding tax for researchers they employ by 80%. It is an excellent way for companies to attract and retain talented researchers while reducing their labour costs.   

  • Recognisable? Do you want to optimise your financial performance and maximise your business returns? Then The Saver is the perfect fit. 

The Visionary 

The Investor Deduction is a tax incentive that helps companies invest in R&D activities and other growth initiatives by increasing their investment allowance. Want to invest in the long-term growth and development of your business? The Visionary is perfect for companies that have a bold vision for the future and are willing to invest in it. With the Increased Investment Deduction, you can deduct up to 25% of your qualifying investments from your taxable income. That means you can invest in new equipment, machinery and other assets that will help your business grow, while enjoying significant tax savings. The Visionary is a daredevil and knows that investing in the future is the key to success, and this fiscal incentive can help you do just that.   

  • For companies looking to invest in their future and achieve long-term growth and development, The Visionary is the ideal match!  
  • Looking for a partner to support you in this? Then we are two hands in one! 

The Developer 

The Developer, these are companies that want to invest in innovative projects. With a strong and steady personality, The Developer encourages companies to build for the future and invest in projects that deliver long-term value and benefits. The Developer is always focused on creating sustainable and resilient communities, building projects that will stand the test of time. Did you know that there are thousands of grant programmes available to businesses in Belgium and across Europe with this goal in mind? With so many options, it can be overwhelming for businesses to navigate the grant landscape. 

  • Do you want to invest in projects that drive economic growth and development? Then your company might just be The Developer! 

Match Made in Tax Heaven 

We offer a variety of tax incentives that can help companies reduce their tax liabilities, maximise their tax benefits and reinvest capital in R&D activities and other growth initiatives. At FI Group, we know that every company is unique. Therefore, it is important to carefully consider which tax “personality type” best suits their business strategy. With a focus on results-oriented innovation management and tax services, FI Group can help companies stay ahead of the competition and achieve their growth and development goals, regardless of their business edges.   

Choosing the right tax incentive or subsidy can make a significant difference to your company’s bottom line. Whether you are a visionary looking to invest in the future, a developer expanding its operations, or any of the other tax incentives offered by FI Group, there is a solution that perfectly suits your company’s needs. Don’t leave money on the table – take advantage of these opportunities today and discover how they can help you achieve your long-term goals. 

To further encourage you to invest in R&D+I, our FI Group consultants help identify implement and maintain the necessary financial processes. We support you in understanding and intercepting the available R&D+I opportunities.    

Yvette Poumpalova

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