10,000 Belgian construction job cuts fear after tax change

Up to 10,000 Belgian construction jobs could be lost after tax deductions for roof insulations are abolished, according to Confédération Construction (CC).
March 15, 2012 Read time: 1 min
Up to 10,000 Belgian construction jobs could be lost after tax deductions for roof insulations are abolished, according to Confédération Construction (CC). Roof insulation tax deductions are this year set to fall from 40% to 30%, before being abolished completely in 2013. CC said the move will potentially cost the Belgian construction industry €1billion and 10,000 of the current 216,000 industry employees. The influential body said that it would like a more gradual removal of the roof insulation tax deduction.

Related Content

  • Africa's road requirement
    March 2, 2012
    Development of road transportation is the key to the future of the African economy, according to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD).
    Read More
  • Indian construction equipment event in Mumbai
    August 7, 2012
    The organisers of the bC India 2013 construction equipment exhibition report strong bookings for the event, which is scheduled for 5th-8th February 2013 in Mumbai. The second edition of this event, it is expected to host 700 exhibitors and attract over 30,000 visitors. The show will occupy 130,000m2 of exhibition space at the Bandra Kurla Complex, an increase from the 88,000m2 occupied during the last fair.
    Read More
  • Chinese-built Liebherr excavators
    February 8, 2018
    The first Chinese-built Liebherr R 922 crawler excavators for low regulated markets are now operating in China. The firm has developed three machines weighing from 20-25 tonnes specifically for customers in low regulated markets. The R 922 crawler excavator sits in the middle of this three-model range, which also includes the R 920 and R 924, and one of the first units from the series is being used for earthmoving work in China. The machine meets the Stage IIIA/ Tier 3/CHINA III emissions, which allows it
    Read More
  • Ground control to mining truck offers efficiency gains
    June 19, 2015
    Autonomous and remote control machines are not about to take over the world, but they can provide efficiency gains and savings in some operations – Colin Sowman writes The thought of autonomous machines may conjure up visions of an Orwellian future where society works for the ‘common good’ defined by an all-powerful being and in which people are insignificant in terms of their needs, aspirations and physical wellbeing; of machines that relentlessly carry out their task regardless of anybody or anything that
    Read More

Highlighted Content