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

  • Gothenburg, Sweden sees vehicle air pollution cut since congestion tax launch
    October 31, 2013
    Hazardous emissions from vehicle traffic have fallen in Sweden’s second largest city since the introduction of a congestion tax system. Gothenburg, a city of around 500,000 inhabitants, has seen a welcome fall in both nitrogen oxides and particulate matter, according to the city’s local authority.
    Read More
  • FIA Region I cautiously welcomes European Parliament transport report
    July 16, 2015
    The European Parliament’s Transport and Tourism (TRAN) Committee voted to approve a report evaluating the implementation of the European Commission’s 2011 White Paper on Transport. The document outlines the priorities and directions that the TRAN Committee would like to see the Commission take as they continue the consultation process for the revision of the White Paper on Transport. The Parliament’s position is that consumers must be at the heart of all transport policy initiatives. FIA Region I, a cons
    Read More
  • Costain completes Cornish construction project
    August 2, 2024
    Costain has completed a key Cornish construction project.
    Read More
  • Future earthmoving innovation from Volvo CE
    February 7, 2017
    Volvo CE is working on radical new concepts for earthmoving and extraction applications - Guy Woodford reports Volvo CE recently showcased a range of futuristic concepts and innovations from electromobility to intelligent machines and total site solutions at the company’s Xploration Forum in Eskilstuna, Sweden. Hundreds of Volvo Construction Equipment (Volvo CE) customers, members of the international press, government representatives and academics were given an exclusive look at a host of ground-breakin
    Read More

Highlighted Content