Declaring furnished rental income in Belgium
How to declare income from a furnished rental property in Belgium. Immovable share, movable share, 30% rate, and split in the personal income tax return.
- 01 Tax regime
- 02 Movable/immovable split
- 03 Declaration
- 04 Key points
Tax regime for furnished rental income in Belgium
Furnished rental income is split into two components: an immovable component (the property itself) and a movable component (the furniture). Each is taxed differently. There is no Belgian equivalent of the French LMNP system.
Movable/immovable split
The conventional split is 60% immovable / 40% movable (or as specified in the lease). The immovable part is taxed like any rental income (RC or actual rent depending on tenant type). The movable part is taxed at a flat rate of 30% (movable income withholding tax) after a 50% flat-rate deduction.
Declaration
The immovable portion goes to codes 1106 or 1109. The movable portion goes to Section VII (movable income). If the tenant is an individual and no split is specified, the tax authorities may apply the conventional 60/40 split.
Key points
A well-drafted lease should specify the rent split between the immovable and movable portions. The tax treatment of the movable component (30% after deduction) can be advantageous. Consult an accountant for complex furnished rental situations. For complete details, see our rental taxation guide and use a rental management software.
Frequently asked questions
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Yes. The rent of a furnished property is split into an immovable share (taxed via cadastral income or actual rent) and a movable share (taxed at 30% as movable income). The standard split is 60% immovable / 40% movable, unless otherwise stated in the lease.
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Yes, strongly recommended. If the lease states the split (e.g. 70% immovable / 30% movable), the tax authorities generally accept it. Without mention, they apply the default 60/40 split or their own estimate.
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The movable share is taxed at a flat rate of 30% (withholding tax). The immovable share is taxed at the progressive personal income tax rate (25-50%) but on the cadastral income (low base). In practice, the movable share is often more heavily taxed.