Belgium, renowned for its historical significance and modern outlook, is strategically positioning itself at the forefront of the electric vehicle (EV) revolution. The country’s burgeoning charging infrastructure is set to witness substantial expansion, thanks to a series of pragmatic incentives and funding opportunities tailored to diverse stakeholders, including individuals and businesses.
Federal Purchase Subsidies
At the federal level, Belgium introduces a compelling incentive: a substantial 35% deduction for investments in new Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) categorized under N1-N3. This deduction also extends to investments in associated charging and fuelling infrastructure. Notably, this incentive is open-ended, providing a continuous opportunity for EV enthusiasts and stakeholders.
Corporate Tax Benefits
Belgium extends attractive benefits to businesses operating within the corporate tax system. These enterprises can avail themselves of a 13.5% deduction on their investments in EV charging infrastructure. This translates into a potential saving of up to €14,375. This initiative is designed to accommodate businesses of all sizes and industries, with the advantage of no set expiration date.
Brussels: A Hub for Workplace Charging
In the vibrant heart of Belgium, Brussels offers a unique incentive for companies: a tax saving of up to €75 on office parking spaces when equipped with charging units. This tailor-made initiative underscores Brussels’ dedication to fostering electric mobility within its corporate landscape. Once again, this opportunity remains open-ended, allowing companies ample time to plan their charging infrastructure.
Income Tax Deductions
Belgium extends generous support to all EV users by offering an impressive 75% deduction from the cost of charging as an Income Tax benefit. This substantial financial incentive is available to all citizens embracing electric driving, with no specified expiration date.
Boosting Public Charging Infrastructure
Belgium places a strong emphasis on bolstering its public charging infrastructure. To encourage businesses to invest in public charging stations and smart charging infrastructure, the country offers a substantial tax reduction of up to 200%. This initiative plays a pivotal role in expanding the EV charging network and ensuring broader accessibility. The deadline for this incentive is set for August 31, 2024.
Empowering Home Charging
Recognizing the significance of home charging, Belgium extends reduced taxes to individuals installing home charging infrastructure. This initiative offers significant reductions, reaching up to EUR 1,500. Homeowners may apply until August 31, 2024, to take advantage of this opportunity.
Flanders’ take for boosting E-mobility: Ecology Premium Plus
Flanders is committed to promoting ecological investments through its Ecology Premium Plus program. Eligible companies must meet specific criteria, including carrying out their investments within the Flemish Region, engaging in an acceptable main activity (NACE code), and adhering to relevant energy policies. This program extends to patrimony companies related to the enterprise applying for aid. The Ecology Premium Plus is granted for investments in technologies listed in the Limitative Technology List (LTL), comprising approximately 30 technologies categorized into environmental, energy, and renewable energy and combined heat and power sectors. Eligible companies can receive up to 55% of the extra costs associated with investments in effective ecological technologies. The actual amount varies depending on the performance of the technology, enterprise size, and technology category.
Belgium’s EV charging infrastructure incentives, coupled with Flanders’ Ecology Premium Plus program, demonstrate the nation’s unwavering commitment to sustainability and environmental responsibility. Whether you are a private individual, a corporation, or a municipality, these comprehensive incentives ensure that everyone can actively participate in the country’s transition towards sustainable electric mobility. Don’t miss the chance to be part of Belgium’s promising EV charging landscape and Flanders’ ecological investment drive.
