Fiscal advantages
Fiscal advantages for home owners
Any taxpayer, owner or tenant, who spends money on better security for their home can benefit from a tax reduction.
Which investments are taken into account?
This concerns investments (alarm systems and surveillance systems with cameras) but also fees related to a connection to a central surveillance centre.
How much?
It is in the form of a tax reduction. You can enter 30% of your expenditure, up to the ceiling applied, on your tax declaration. The maximum amount indexed for the 2014 declaration - 2013 earnings is € 750.
What are the obligations of the taxpayer?
The taxpayer must provide FPS Finance with the following documents:
- Invoices relating to purchases and services which are the basis of expenditure.
- Proof of payment of the amounts mentioned on these invoices.
- To guaranty the quality of the installation, the services must be supplied by a registered entrepreneur, which is the case with TechPro Security.
The information above is provided subject to change by the Ministry concerned.
More information? www.besafe.be
Fiscal advantages for companies
Self-employed, SME and freelance professionals who secure their offices can benefit from a tax reduction.
Deduction for investment
Investments into material connected with security are susceptible to benefit, in addition to ordinary depreciation, a deduction of 20.5%.
This deduction is made on the earnings or profit in the period which you have acquired these capital assets.
Deduction of professional fees at a rate of 120%
Fees relating to the supply of certain services realised by a security company with the intention of securing offices are deductible, as professional fees, amounting to 120% as opposed to 100% currently. This deduction applies for the year in which these fees relate.
Services giving right to a tax reduction at a rate of 120%
- Subscription fees for the connection to an approved central surveillance centre.
- Fees incurred with a security company authorised to carry out secured transport (reclamation of smartboxes).
- Total fees incurred by a group of companies with an authorised security company (security consortium).
The information above is provided subject to change by the Ministry concerned.