Most NPOs in Belgium have to pay the wealth tax. There may however be exceptions. In short, if your NPO has less than 50,000 euros in taxable assets, you will not pay any tax. Some NPOs are exempted from tax by law.

No tax up to 50,000 euros in taxable assets

• If the taxable assets of your NPO are less than or equal to 50,000 euros, no tax is payable. 

Some NPOs are exempt

• Special rules apply for specific NPOs, such as recognised pension funds for the self-employed. They do not have to pay any tax.
• You can find the full list of exempted NPOs in the texts of law.

You must submit the return every year between 1 January and 31 March (before 12 noon). 

However, where 31 March falls in a weekend or on a public holiday, the deadline will shift in your favour to the next working day (before 12 noon).

Is the total amount of taxable assets less than 50,000 euros?

If your NPO has less than 50,000 euros in taxable assets, you will not have to pay any tax and you will not have to submit a tax return. 

Digital submission via MyMinfin.be

This is the most practical solution for you: it is easier, safer and faster than a return submitted by post. Here you will find, step by step, how to do this. However, please note that MyMinfin is not available in English and this guide is meant to allow you to understand and complete the steps by comparing it with the Dutch, French or German versions of this web page.

• Fill out the tax return form (in Dutch, French or German) and save it on your computer as a PDF file. You can only upload one document: therefore, we advise you to merge attachments with the return into one PDF.
• Provide the PDF with the electronic signature (eID certificate) of at least one of the legal representatives of the organisation.
• Go to MyMinfin and click on the 'Identifiez-vous' ('Log in') button. 
• Go to the tab 'Mes interactions' ('My interactions').
• Choose the section 'Soumettre un document ou répondre à un courrier' ('Submit a document or reply to a letter').
• Select the option 'Je ne dispose pas d'un code de service' ('I do not have a service code') and select the document type 'Déclaration taxe patrimoniale (ASBL)' (Wealth tax return (not-for-profit organisation)').
• Enter the postal code of your registered office.
• Choose whether to submit the return in your own name or on behalf of someone else. This determines where the document will be saved and can be consulted later: either in the documents in your own MyMinfin or in the documents of the other person.
• Then click the button 'Suivant' ('Next').
• Add the declaration form as a PDF file by clicking 'Ajouter ce document' ('Add document'). Leave the box 'SPF Finances - caractéristique du courrier' ('FPS Finance reference of the letter' and the box 'Informations complémentaires' ('Additional information') blank.
• Click the button 'Soumettre' ('Submit') to submit the form. Your annual patrimonial tax return has now been submitted to our services.

Under the tab 'Mes documents' ('My documents') you (or the person for whom you submitted the document) will find the tax return form and the date of sending. You can also download the submitted tax return form from that list of documents at any time.

Submission on paper by post

Is it impossible for you to file the tax return online? It is still perfectly fine to do so by post:

• Send the tax return to the correspondence address that you will find by searching in our office directory for the address of your registered office.
• Remember to include the post office box number on the envelope.

The MyMinfin enterprise portal is only available to the legal representatives of an NPO.

Is there no option to log in as a legal representative of a company? This means you are not listed as legal representative in the articles of association of your NPO. These articles of assocation have been published in the Belgian Official Journal.

No worries! You can still submit the return digitally via MyMinfin, both through the account of the organisation and through your personal MyMinfin account, as long as the return contains the electronic signature (eID certificate) of at least one of the legal representatives of the organisation.

Are you unable to submit your return via MyMinfin? Or are you having problems with the digital signature? Follow the procedure to submit the return on paper by post.

The wealth tax rate increases the more taxable property you own. This is called a progressive tax. How it works:

• If you have less than 50,000 euros of taxable assets (first bracket), you do not have to pay anything. 
• If you have more than 50,000 euros of taxable assets, you do have to pay the tax:
  • nothing on the bracket from 0.01 to 50,000 euros
  • a rate of 0.15 % on the bracket from 50,000.01 to 250,000 euros (second bracket)
  • a rate of 0.30 % on the bracket from 250,000.01 to 500,000 euros (third bracket)
  • a rate of 0.45 % above 500,000 euros (fourth bracket)

For example

By way of example, this is the calculation of the wealth tax for an NPO that owns 750,000 in assets:

1. There is no tax to be paid for the first 50,000 euros.
2. There is 0.15 % tax to be paid for the amount between 50,000.01 and 250,000 euros (199.999,99 euros). That is 300 euros (0.15 % of 199,999.99 euros).
3. There is 0.30 % tax to be paid for the amount between 250,000.01 and 500,000 euros (249,999.99 euros). That is 750 euros (0.30 % of 249,999.99 euros).
4. There is 0.45 % tax to be paid for the amount above 500,000 euros (249,999.99 euros). That is 1,125 euros (0.45 % of 249,999.99 euros).

Hence, the total tax for an NPO with 750,000 euros in assets, amounts to 2,175 euros (300 euros plus 750 euros plus 1,125 euros).

Certain NPOs in specific sectors are partially exempt. These include NPOs in healthcare or education. You can find the full list of partially exempted sectors on FISCONETplus. 

These NPOs will receive a 62.30 % exemption on the value of their assets remaining after the prior deduction of the assets referred to in Article 149, 4° and Article 150, second paragraph, 1°, 2°, 3° and 5° of the Inheritance Tax Code.

For example

An NPO has the following property on 1 January at 0 a.m.:

• immovable property valued at 250,000 euros,
• furniture valued at 5,000 euros,
• 45.000 euros in cash and working capital intended to be spent during the year on the activity of the organisation.

Which brings the total amount of property to 300,000 euros. Moreover, the NPO qualifies for the application of the favourable tax regime.

After deducting cash and working capital of 45,000 euros (intended to be spent during the year on the activity of the organisation), the total amount is 255,000 euros.

The exemption of 62,30 % is applied to this amount of 255,000 euros. This means that the taxable tax base is 96,135 euros.

As a rule, the tax has to be paid by 31 March (before 12 noon) of the tax assessment year at the latest.

However, where 31 March falls in a weekend or on a public holiday, the deadline will shift in your favour to the next working day (before 12 noon).

We are to have received that payment in our account before that deadline. Therefore, you should keep in mind that it may take some time before your payment is actually in our account.