The conditions to be able to benefit from this advantage:
- The charity must be an approved institution. On the FPS Finances website, you will find general information as well as a list of all approved institutions .
- The donation must amount to at least 40 euros per institution (per year) and cannot exceed 384,300 euros.
- You can donate up to 10% of your net income.
Tax advantage linked to housing loans
There are many questions that go into determining the tax benefit you are entitled to today.Discover the regime applicable to your situation in a few clicks to Tax ReturnPreparation Services.
With savings insurance, you can prepare yourself in a tax-efficient way for the purchase of your own home. You can use the reserve set up to finance your loan balance insurance when you take out a home loan. You can also claim these payments in your tax return. You benefit from an annual tax reduction of 30% on the amount saved.
Please note: since January 1, 2020, the Flemish housing bonus has been abolished. If your savings insurance is linked to a home loan for your own home, there will no longer be a tax advantage for contracts taken out from that date.
Save for your own home
By saving in tax savings insurance, you can prepare yourself in a tax-efficient way for the purchase of your own home. You can use the reserve set up to finance your loan balance insurance when you take out a home loan. You can also claim these payments in your tax return, and benefit from an annual tax reduction of 30% on the amount saved.
Reuse your current mortgage
When your mortgage matures, you lose an important source of tax benefit. You can reuse your mortgage to make conversions or buy a second home. You will thus continue to benefit from a tax advantage depending on your personal situation. More information on this can be found on the Reuse your mortgage page.
Please note: the tax benefit for renovation loans taken out from January 1, 2020 will be removed as part of the Flemish housing bonus.
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