Great news for entrepreneurs | New Tax Shelter provisions

— Updates — 1 minute read

Great news for entrepreneurs! As part of the economic recovery from the COVID19-pandemic and in order to provide additional support to start-ups and scale-ups in their development, the Belgian government has recently decided to double the maximum amount that can be collected under the tax shelter scheme.
 
On December 31st, 2021, a law was published that allows start-ups AND scale-ups to double the maximum amount that can be raised under the existing Tax Shelter regime. A start-up can now raise a maximum of €500,000 through this tax measure; and a scale-up a maximum of €1,000,000.
 
Because young companies can only offer limited guarantees, they often have difficulty obtaining capital and loans, despite their valuable growth prospects. Following the recent health crisis, many young companies are in dire need of funds to keep their business afloat or to boost their growth.
 
Since 2017, Spreds has been offering Tax Shelter investment opportunities on its platform and has always been a firm believer of the need for this tax incentive to evolve with its time. After offering a record-breaking number of eligible campaigns in December 2021, Spreds’ Tax Shelter opportunities have never been so popular and we are happy to see that entrepreneurs will get the help they deserve thanks to this new Tax Shelter boost.

This applies to payments for the acquisition of shares of a company that were made as of January 1, 2021.