{"id":11036,"date":"2026-06-01T09:16:22","date_gmt":"2026-06-01T07:16:22","guid":{"rendered":"https:\/\/becobra.be\/?p=11036"},"modified":"2026-08-05T17:37:30","modified_gmt":"2026-08-05T15:37:30","slug":"insurance-premium-tax-increase-to-9-60-as-from-1-july-2026","status":"publish","type":"post","link":"https:\/\/becobra.be\/en\/insurance-premium-tax-increase-to-9-60-as-from-1-july-2026\/","title":{"rendered":"Insurance premium tax increase to 9.60% as from 1 July 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Programme Law providing for an increase in the annual tax on insurance transactions was approved by Parliament on 29 May 2026 and published in the Belgian Official Gazette on 1 June 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In accordance with the law\u2019s entry-into-force provision, the general insurance premium tax rate increases from 9.25% to 9.60% for premiums becoming due as from 1 July 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Which insurance products are affected?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The increase applies to insurance transactions subject to the general rate of the annual tax on insurance transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This includes, among others:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>liability insurance;<\/li>\n\n\n\n<li>fire insurance;<\/li>\n\n\n\n<li>accident insurance;<\/li>\n\n\n\n<li>motor insurance;<\/li>\n\n\n\n<li>technical insurance;<\/li>\n\n\n\n<li>legal expenses insurance.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Practical implications<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The increase in insurance premium tax not only has a fiscal impact but also raises a number of practical questions. This concerns, among others:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>annual and instalment premiums;<\/li>\n\n\n\n<li>declaration policies;<\/li>\n\n\n\n<li>adjustments and settlements;<\/li>\n\n\n\n<li>advance payments;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The subject was discussed within several Becobra working groups throughout the legislative process. As part of this work, a practical FAQ was developed addressing a range of fiscal and operational situations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The analysis is based on the principle that the applicable IPT rate is determined by the premium due date, in other words the date on which the premium becomes contractually payable. This principle was also discussed with Assuralia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The FAQ remains available on the Becobra Community Site under the Technical Committees Legal &amp; Compliance, Systems &amp; Operations and Non-Life.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Administrative processing<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The FPS Finance has meanwhile confirmed that the administrative processing has also been adapted to the new rate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>DivTax<\/strong> application has already been updated:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>for declarations up to and including reference period 06\/2026, the 9.25% rate remains applicable;<\/li>\n\n\n\n<li>for declarations from reference period 07\/2026 onwards (to be submitted no later than 20 August 2026), the new 9.60% rate will be applied automatically.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">An update of the declaration forms is likewise expected.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Other fiscal measures<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to the increase in insurance premium tax, the Programme Law contains several other fiscal measures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The tax on securities accounts has also been increased from 0.15% to 0.30% as from 1 June 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This annual tax applies to securities accounts with an average value exceeding \u20ac1 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For certain investment-linked insurance products, in particular Branch 23 products, this measure may also be indirectly relevant. The underlying assets of such products are held in securities accounts of insurance undertakings, which in practice frequently exceed the legal threshold of \u20ac1 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Questions?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The attached Q&amp;A explains different operational situations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Becobra remains available for any questions or remarks regarding the increase in insurance premium tax and its practical application.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Programme Law providing for an increase in the annual tax on insurance transactions was approved by Parliament on 29 May 2026 and published in the Belgian Official Gazette on 1 June 2026. In accordance with the law\u2019s entry-into-force provision, the general insurance premium tax rate increases from 9.25% to 9.60% for premiums becoming due [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8545,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[44,46,50],"tags":[83,91],"rol":[81],"class_list":["post-11036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-affairs-and-compliance","category-non-life-insurance","category-systems-and-operations","tag-private","tag-slotje","rol-standaard-lid"],"acf":[],"_links":{"self":[{"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/posts\/11036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/comments?post=11036"}],"version-history":[{"count":6,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/posts\/11036\/revisions"}],"predecessor-version":[{"id":11790,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/posts\/11036\/revisions\/11790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/media\/8545"}],"wp:attachment":[{"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/media?parent=11036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/categories?post=11036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/tags?post=11036"},{"taxonomy":"rol","embeddable":true,"href":"https:\/\/becobra.be\/en\/wp-json\/wp\/v2\/rol?post=11036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}