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

  • Vast majority of Americans oppose raising gas tax
    April 25, 2012
    A majority of Americans believe new transportation projects should be paid for with user-fees instead of tax increases, according to a new national Reason-Rupe poll of 1,200 adults on cell phones and land lines.
    Read More
  • Vast majority of Americans oppose raising gas tax
    May 2, 2012
    A majority of Americans believe new transportation projects should be paid for with user-fees instead of tax increases, according to a new national Reason-Rupe poll of 1,200 adults on cell phones and land lines.
    Read More
  • Using ITS to maximise safety and traffic flow for cycling
    January 22, 2013
    Copenhagen, Denmark, has long been known as one of the world’s leading cities for cycling. In some areas of the city, the modal share of bikes has reached a level of as much as 50 %. And on some of the most frequently used bike paths the average daily number of cyclists is close to 30,000. As these numbers continue to rise, new ways of planning and implementing cycling infrastructure are needed. Increasingly, Danish traffic planners are turning to technology as a tool for planning cycling infrastructure. I
    Read More
  • CEA-backed report’s blueprint for UK construction equipment sector growth
    June 11, 2014
    Investment in advanced machine electronics capability; further investment in training and apprenticeship programs; and support for the UK as a continued centre for R&D are all key to securing growth within the British construction equipment industry, according to a comprehensive new Construction Equipment Association (CEA) commissioned report. Further recommendations for the industry in The UK Construction Equipment Sector Report are the need to ensure the cross fertilisation of advanced design, manufactu
    Read More

Highlighted Content