Dear colleagues (after all, many of us are in the same boat),

I am trying to figure out how to calculate Belgian movable income tax (30%) for staking rewards.

I follow the understanding that in Belgium, the rewards from staking crypto are subject to 30% movable income tax, and I want to include this income in my next tax declaration. Therefore, one needs to take into account the value of the coin at the moment the reward is received.

However, for many Proof-of-Stake coins, individual daily rewards accrue in the validator contract. In your wallet, you see a total claimable amount (which slowly increases over time). The rewards are yours, and you can claim them whenever you want (every month, every year, etc.), whenever you hit that “claim rewards” button.

This makes me wonder: what is the correct moment to take into account to determine the value of the coins for tax purposes?  

1) Is it the moment the rewards become claimable (i.e., accrued in the staking contract and already accessible to you, ready to be claimed)?

2) Or is it the moment the rewards are actually claimed (i.e. sent to your crypto wallet address)?

Has anyone, through interaction with crypto lawyers, tax authorities, or personal research, found more information on this topic?

Of course, I could hire a crypto lawyer to find the answer to this single question, but one lawyer is not the same as another (in particular in the crypto world) , and I would prefer to hear multiple opinions and see if there is an overall consensus.

Thank you for sharing any expertise or experiences that could shed light on this matter and help demystify this part of the Belgian crypto tax landscape.

Tuin

I know I know..

In ieder geval, ik heb nu een paar jaar (sinds 2021-22) BTC gekocht.

De vraag is echter, als ik mezelf uitbetaal met winst, dus, op 90k heb ik 150 winst gepakt, dan op 95k nog eens 150 euro. is dat dan nog steeds goede huisvader? Of moet die winst in 1 keer worden genomen?

https://preview.redd.it/84vxvp7hho4e1.png?width=1888&format=png&auto=webp&s=1387d14979d01b528624300bca82a2210b93eac3

When I compare VWCE with SPYI, than in overall VWCE is peforming better. How can this be explaned, if this will always be the case then the reason to switch to SPYI because of the TOB is less obvious.
What are your thoughts?

Bank & Savings

Hi to all of you! I currently have been really thinking about my future, I see people around me buying houses/apartments and having kids, but I am not really near that and feel like I am really behind. Situation: Age: 28, co-housing Net income: €2550 per month (includes company car and electric charging card) Fixed expenses: €850 (700 rent and 70 utilities, 80 with insurance etc) No debts or loans Current Portfolio (worth 4000 euro): Ackermans & Van Haaren D'Ieteren SPDR MSCI ACWI IMI UCITS ETF USD -ACC iShares Core MSCI WORLD UCITS ETF - USD ACC KBC SOLVAY On a long-term savings account (Santander): 23.000 euro On my regular savings account (KBC): 21.000 Property: worth 125.000 euro I am the 'naked co-owner' of a property that is worth around 250K. The inhabitant is my aunt who currently pays rent to my grandmother (de vruchtgebruiker). If grandmother would pass away, she would have to pay me rent. My aunt is not good with money and has always lived in an OCMW-house, so she is dead-set on living there until she dies. I personally would prefer to sell if grandmother would pass away but that's a different story.

Personal situation: In a relationship, partner is 38 and lives in Antwerp, I live in Brussels.

Anyway, my current issue:

I have been to the bank and went to hypotheek.winkel etc, but if I would get a loan (for let's say 190k) then I would basically have no savings left, which I want to avoid. I could postpone looking to buy something until my property is sold, but that could be in 20-25 years (whenever my aunt would decide to sell or unfortunately no longer be with us) However around me I see people buying houses, having kids, while I still own, well nothing.

My question is: How can I optimize my financial situation so I can buy something, or would you suggest me to do otherwise? I know that investing in ETF and maximizing your money to buy in the next 2 years are a bit contradictory.

Hello everyone, i have a few questions:

some background information:

-I have declared my crypto account on NBB

-have a Tax report from cointracking of my 2022 and 2023 crypto activity

-In 2022 i made Capital trading losses of around 450EUR (5 sales) and staking income of 550EUR

-In 2023 i made Capital trading losses of around 0EUR (didnt sell) and staking income of 330EUR

Questions:

1. Last month i received my aanslagbiljet (definitive taxletter) from my vereenvoudigde aangifte, But i forgot to declare my crypto staking rewards for the fiscal year of 2022 and 2023, do i still have time to correct this and what would be the best way?
2. Can i deduct my trading losses of 2022 from my staking income of 2022?
3. Do i both add the staking rewards of 2022 and 2023 together on the correction of the taxletter of 2023 or do i have to ask for 2 different corrections of 1 on my 2022 and 1 on my 2023 tax letter?
4. What is the tax code for staking rewards?

Thanks for the people willing to help me, i appreciate it!

Would it be a good idea to buy garage or parking to rent each year ? I want to avoid to take a mortgage. What do you think?

Hi

I've been doing monthly buys of VWCE for 3 years now. I recently discovered that IWDA has a lower TOB.

Would it be smart to sell all my VWCE positions for IWDA? Or is it better to just leave the VWCE and start buying IWDA?

Hi, i have a funny question This year i made a trade republic account and somehow i made €0,01 in rente i transfered everything over to my belgian bank account as i want to close my account, but my question is do i still have to put €0,01 in box 1444 or not?

Thanks

As per title,

Has everyone ever moved a large capital from a EU/Swiss bank to Europe?

I see many people using Degiro and/or cashing out in more crypto friendly banks abroad and I was wondering how easy was to reintroduce those money into the 'Belgian system'.

Thanks!

hey, ive been investing in crypto for the past two years and have made a profit of around 10k, which is a lot for me. I still live with my parents and work minimum wage, as I have a medical condition that prevents me from working full-time right now. I don’t have much to my name and my parents aren’t rich either

my girlfriend wants to live with me, but I feel a bit ashamed that I can’t financially support us right now. I sometimes feel less of a man because of it and that I’m not contributing enough

I have two questions

im with ING would it be bad to just place the 10k in my bank account?

what would be the best next step for me financially? Any advice would be appreciated

Hello everyone, I’d like some advice about my current situation and the best path to take forward.

Situation:

• Age: 25, living at home
• Net income: €2100 per month (includes company car and fuel card)
• Fixed expenses: €300-400 per month
• No debts or loans

Current Portfolio:

• iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc): 302 shares worth ~€10,000
• Ishares Global Clean Energy USD A: 262 shares worth ~€4500
• Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUSA): 374 shares worth ~€41,000
• Pension savings: €4000

Total investments: ~€60,000

Cash €5.000

Question:
I’m at a stage where I can save and invest a significant amount each month, but I’m unsure about the best path forward:

1. Continue building my investment portfolio and pension savings, or
2. Start saving for a down payment on an apartment. (My parents also plan to gift me +-20k for my own place, when that time woudl come)

While I’m in no rush to move out, the idea of having my own place is appealing. What do you think is the wisest choice for the long term?

Situatie:

• 20 jaar oud, thuiswonend
• Vaste job, €2200 netto p/m
• Vaste kosten, €800 p/m (auto, eten, …)
• Geen leningen/schulden

Investeringen:

• IWDA -> €8500
• Crypto -> €5000 (met een eigen inleg van €2100)
• Cash -> €4000 (financiële buffer, 5x vaste maandelijkse uitgaven)

-> Ik weet dat mijn positie in crypto te groot is op dit moment, maar dit zal zeker veranderen na dat de (komende) “bullrun” over is

Opmerkingen:

• Ik ben nu bezig met elke maand €1400 te investeren in IWDA om deze positie over de komende jaren goed te doen groeien. Mijn tijdshorizon is 7+ jaar.

• Mijn positie in crypto is om risico toe te voegen aan mijn portofolio, aangezien ik nog jong ben zie ik hier geen probleem in.

• Ik ben halverwege 2024 begonnen met investeren en dit is waar ik nu sta.

Heeft er iemand opmerkingen of handige tips om mijn FIRE avontuur makkelijker te maken?

As in the title, I came to the conclusion that 2 of my 4 ETFs that I buy every month had a huge overlap. So I'm moving, I've created a new portfolio. So if you have an opinion, hate or just want to give advice, feel free to do so!

About me: 23, been investing for 4 years (but this year only in ETFs), working, moving next year and my current ETF portfolio is about 25,000

IWDA (MSCI World) ~ 35% ~ Core developed markets exposure.

JPGL (Min Volatility ESG) ~10% ~ ESG-focused global equities with a low volatility tilt.

IWMO (Momentum) ~ 10% ~Momentum factor exposure in developed markets.

ZPRV (High Dividend) ~20% ~Income-focused global equities with value tilt.

FLXE (US Small/Mid-Cap) ~ 15% ~ Diversification into small- and mid-cap U.S. stocks.

ZPRX (Growth) ~ 10% ~ Growth-oriented global equities.

I was thinking of adding an other 2: IWVL (Value) and ISQU (Quality) with around 10% but I think that would be to much...

Thanks in advance! Have a nice day.

Hello, in July, I bought stocks of a company (around 1200 Euro worth of stock), and I was planning to hold it for a few years. But the stock went up faster than I thought and now I am considering cashing out and exiting my position.

I heard from a couple people that I need to buy and hold a stock for at least a year, because if I try to sell a stock in less than a year, I need to declare it explicitly and pay more taxes. Is this true? It has been about 5 months since I bought this stock, if I sell it now, do I need to pay tax on my capital gains?

I use Bolero for buying/selling stocks if that makes a difference.

Ik heb een account bij degiro welke ik gebruik voor mijn maandelijkse aankopen. Verder heb ik een lege Saxo account.

Nu sta ik op het punt om een grote som te investeren. Hiermee zou mijn totaal over de 100k gaan. Heeft het nut om eventueel alles bij DeGiro te verkopen en dit samen met het cash terug aan te kopen bij Saxo bank?

Ik hoor wel eens vaker dingen over 'onveiligheid' bij DeGiro... Heeft dit enig nut? Voelt voor mij al een behoorlijk bedrag om op 1 plaats te hebben staan.

Ik zou dan wel bij DeGiro verder maandelijks sparen.

Backstory:

Started with investing late 2022,buying mostly stocks based on dividend yield and personal preference.Ended the year 2022 with a 7.53% (7,53€)loss.

Beginning 2023 started to reseaching and reading a lot more about ETF’s. Decided to get the feet wet on ETF’s mostly VUSA while still holding a handful of stocks. Ended the year 2023 with a 6.48%(48,01€)profit.

Beginning of 2024 is where it all changed. Read a lot more subreddits,found out about the DIST and ACC ETF’s and shifting the focus of the porfolio more towards growth instead of monthly cash flow. Sold all holdings of VUSA and bought IWDA instead.Sold the handful stocks some with profits and some with minor losses and went all in on ETF’s. Portfolio is currently 23,42%(859,85€) in profit.

Portfolio Holdings:

IWDA(ACC): 73.5% VGWD(DIST): 15.3% EMIM(ACC): 11.2%

Thoughts on this?

I finally got arround looking into saving accounts. My super old kbc saving account only gives .45% + .45% intrest. While the start2save one is .75%+1.8%.

Vdk currently has the highest. I noticed these types of savings only allow max 500eur per month. So i cant move all my savings at once from the beginning?

I feel like this is a simple yes, but should I just move all to the highest saving rate bank? Or am i missing something here?

Mainly wanna keep a few a few k there as emergency fund.

How much in buffer would be ‘comfortable’ to have as liquid cash in the bank living in Belgium? I’m asking this to see how much i should keep in the bank and how much i should put in bolero.

Things i could think of that would need the emergency fund would be my car or something wrong with the house or maybe if i or my dog are sick or so.

I have a company car incl insurance and a nieuwbouw with still 9years guarantee. Also hospitalisatieverzekering.

I’m single person with a dog. My biggest expense other than the fixed stuff is probably my dog.

I have around 1.3k left every month after all fixed cost + utilities. What’s left is just feeding myself and my dog.

Do you think 3-4k would be enough to have as emergency fund?

I’ve never sold Bolero before so not sure how ‘easy’ that is and if there are any taxes or fees. Just in case its needed.

My ex used to manage all these stuff for us since we are doing the same job but now it’s up to me to figure it out and i can use some advice :)

Thanks 🙏🏻

Hopefully this is allowed.

This is estimating a 4% annually return

https://preview.redd.it/i9ajxv367g4e1.png?width=1334&format=png&auto=webp&s=f6c9ccbebedcd241d316c23f5db1ed75cbafa89e

https://preview.redd.it/i7s30o367g4e1.png?width=1336&format=png&auto=webp&s=5c3a958efe80a0c524bd82b960322339942edea0

https://preview.redd.it/pdwq0q367g4e1.png?width=1332&format=png&auto=webp&s=e0a7e341e7907d09472cc441c7a444b16a63cbe7

Current situation:

30 years old

mortgage paid off in 10 years

trying to stop working in 20 years

can invest 75000 now (SPDR MSCI ACWI IMI)

adding 800 euro every month for the coming 20 years

Is the retirement plan above realistic? are the number correct? because they seem a but optimistic to me....

thanks in advance!

I used to be able to do instant cash depositors between my Belgian bank and Coinbase’s Estonian bank. Depositors would show up in minutes.

Now I need to deposit into a Luxembourg-based account. Transfers no longer show up immediately.

Coinbase customer support is understaffed so I’m trying my luck around here: anyone know how to do instant cash deposits from Belgium?

I'll be investing in iShares Core S&P 500 UCITS ETF (ISIN: IE00B5BMR08) and I'm trying to determine the TOB that I'll need to pay. I've been working my way through an article listing all the information you need to take into account and I'm stuck on "Is any compartment of the fund registered in Belgium?" I don't speak FR or NL well enough to find the answer on FSMA's website. My hunch is that the answer would be no and thus the rate would be 0.12% (and not 1.32%) but can someone confirm and/or refer me to a source?

I'm seeking advice on what to do with some money I plan to use for buying real estate in the next 18 months. In the meantime, I'd like to earn a decent return. If I didn’t need the funds soon, I’d invest in an ETF, but that feels too risky given my current timeline. Over the past year, I’ve used a "termijnrekening," but the funds are becoming available this week.

Should I consider a HYSA, such as Keytrade? The loyalty bonus of 1.45% is appealing, but I might not qualify for it if I need the money earlier. MMF like CSH2 is an option but I am not familiar with it and what rates they generate? Use another termijnrekening? Other options? What would you suggest?

When I started investing two years ago, I started with iShares MSCI World SRI (2B7K| |E00BYX2JD69). Guess I fell a bit for the socially responsible investing part. For two years, it has kept up quite good with regular IWDA, but now I would like to make the switch to IWDA, just for the sake of simplicity of my portfolio.

Would you advice selling the SRI version and invest it all in IWDA, or would you just let it run and buy IWDA from now on?

Thanks!

Hello, I know there are several post about crypto & cashing out . In the current crypto situation I would like to cash out possibly a bit.. I started small in crypto in 2018 invensting 800 euro to Kraken in one month with several small deposits ( 300, 200 etc ) in xrp... First week was like getting to know how it works, sell, buy , sell without real profits. In 2019 i did again some small deposts,just like 2020 and 21. I had approx for 5000 eur over the Years invested. Then xrp boomed and I sold them . Total like 15k. Transferred 10k to Belfius without any issues. And reivested 4500 k( so like my initial investment ) . Made again some small deposits over de next 3 Years and got also on coinbase with small amounts, and transferred crypto from there to kraken. the deposits on coinbase where via mastercard or paypall. Sold some SOL's lately because I needed a bit of cash, ( less than 1k ) , deposit to Belfius = ok . But now I'm at +40k ..... and looking on an exit strategy. I had a call with the bank and they said it would not be an issue to retract it to them, but HQ could ask if the notice it for an explanation of where the origin is of the money. No issue imho I guess, I have also a xls sheet of all transactions made since 2018. SO yes what to do..... I also opened recently a nexo account with a small amount of crypto on it, 1,5k ( newly nexo's bought + transfereed some small amount from kraken to it ) . I could do the same with all the crypto and use the nexo visa card... but I would rather have it on my Belfius account....

Any advice? Thanks

I would like to start investing in stocks and EFTs. ​​I have set aside 10,000 euros. This is less than 2% of my total assets. I have read up on it as best I could and have made a list of stocks (5) and EFTs (15) that seem interesting to me. Is this too much? I read on some websites that 10 EFTs is enough. I am 35, live in Belgium and would like to put aside this amount as an investment for my child (i am pregnant). I would invest an extra 250 euros each month.

This is my list, so far:

• IWDA IE00B4L5Y983
• Xtrackers AI & big data ucits IE00BGV5VN51
• Ishares S&P500 materialen sector ucits IE00B4MKCJ84
• Xtrackers MSCI World communication services ucits IE00BM67HR47
• Ishares S&P500 consumer staples sector ucits IE00B40B8R38
• Ishares S&P500 consumer disc. Sector ucits IE00B4MCHD36
• Xtrackers MSCI USA financials ucits IE00BCHWNT26
• SPDR S&P500 ESG leaders ucits IE00BH4GPZ28
• Xtrackers euro stoxx 50 ucits LU0380865021
• Ishares s&p small cap 600 ucits IE00B2QWCY14
• SPDR Russel 2000 U.S. small cap ucits

IE00BJ38QD84 -Ishares msci europe health care sector ucits IE00BMW42181

• Xtrackers msci world health care ucits IE00BM67HK77

• Invesco Physical Gold ETC IE00B579F325

• Ishares global water ucits IE00B1TXK627

• Berkshire Hathaway B

• Sofina SA

• BE semiconductor Industries

• Brederode SA

• Deceuninck SA

Thx!!

Hi all

I want to start investing and therefore I have been doing some research lately. After some comparing SAXO seems the best option for me (relatively low costs, they do al the taxes...). The only thing that's making me doubt are the few comments which state that the customer service is really terrible, though others state they haven't encountered any problems at all.

What is your opinion?

Hallo,

Ik was vergeten mijn aangifte in te dienen (vereenvoudigd maar met specifieke inkomsten als bijberoep) en heb dit twee weken te laat gedaan. Ik moet belastingen bijbetalen. Weet iemand of ik een boete ga krijgen??

What free software is available to track several accounts (cash and stocks)? I'm not looking for a real time link, I don't mind importing data every few months.

I did look at 'portfolio performance' works nice for stocks (degiro),but can't get it to work with cash bank accounts. Also looked at gnucash, but that is so extensive/difficult to get it running.

Any other tips on what you guys and gals use?

Two questions:

1. I can't buy this any longer on Degiro. Does anyone have an idea why? Any alternatives?
2. I want to purchase a small caps (iShares S&P Small Cap 600 UCITS ETF but this one is only Distributing, are there Acc options?)

Hi,

about a year ago I bought “Vanguard FTSE All-World UCITS ETF (USD) Accumulating” IE00BK5BQT80.

Now I’ve been expecting this to have a different value compared to exact same tracker but with dividend payouts:“Vanguard FTSE All-World UCITS ETF (USD) Distributing” IE00B3RBWM25.

Here’s my thinking:

Distributing gives a dividend of around 2% yearly. Since the Accumulating puts that right back in to the ETF I would expect its value to increase by 2%. For example, let’s assume that the value of the ETF was one year ago 100Euro and didn’t go up besides the 2% dividend. So after one year they would respectively do:

Distributing: ETF remains 100Euro and 2Euro is payed out as a dividend

Accumlating: ETF puts the 2Euro in again so value of the ETF rises to 102Euro.

But when I compared the above mentioned ETF on justetf.com they have exactly the same value and have done so for the previous years also.

Where am I going wrong in my thinking? How can I see the benefit of the Accumulation if it’s not in the price of the ETF? Or simply put for the example I gave, where did my 2Euro go to?? ;-)

I don’t have a financial background so please explain it with an example on what I’m doing wrong. It helps me a lot in understanding.

Thanks!