A draft Royal Decree is approved by the Council of Ministers. It is relating to an increased exemption from professional wage-withholding tax (prƩcompte professionnel) only for employers in the small- and medium-sized enterprise (SME) sector.
For payment of theĀ prĆ©compte professionnelĀ the actual exemption rate will rise to 1.12 percent for SME employers from January 1, 2014.The draft legislation has been submitted to the State Council for examination.