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

  • Software tools aid construction, reduce costs
    February 28, 2012
    Integrated construction software offers an effective planning solution - *Mark Nichols writes. In a world where resources are limited, 20 year designing and building in a sustainable way is more critical than ever. By employing today's software tools it is possible to reduce the total cost of construction of a new highway, while reducing operating costs and environmental impacts. The path to achieving the greatest gains is to take a holistic approach to the plan, design, construct and operate process from t
    Read More
  • More than 400,000 machines join new CECE construction equipment ‘uptime’ utilisation tracker
    October 27, 2022
    CECE (The Committee for European Construction Equipment) has announced that is launching an ‘Uptime Tracker’, a new industry-wide index designed to analyse machinery utilisation.
    Read More
  • Solar roads such as Colas’s Wattway could be the right way
    April 26, 2016
    Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner, and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
    Read More
  • Solar roads such as Colas’s Wattway could be the right way
    April 26, 2016
    Peter Harrop, chairman of independent research and consultancy IDTechEx, considers arguments in favour of solar roads Nowadays a major trend is the move to off-grid clean energy created by “energy harvesting” to produce electricity where it is needed. This is more controllable and increasingly at lower cost than grid power or diesel gensets, cleaner, and often less subject to interruption. It is taking new forms as revealed in the IDTechEx Research report, “High Power Energy Harvesting 2016-2026”.
    Read More

Highlighted Content