Can I Claim Professional Liability Insurance as a Business Expense in Belgium?
Yes. Insurance taken out for the business, such as professional liability cover, is a cost of the activity. Some sectors require it.
Finn does your books in Belgium
AccountsOS runs full accounting for Belgium businesses, tax, expenses and deadlines, in plain English. Ask Finn about yours, no signup needed.
What FPS Finance (SPF Finances / FOD Financiën) says
Under Belgian corporate tax, an expense is deductible when it meets the professional test: it must be incurred to acquire or maintain taxable income. Insurance that covers the risks of the business activity meets that test. Some self-employed activities must hold professional liability insurance in their sector.
When you can claim
- Professional liability insurance
- Business premises or equipment cover
- Insurance required for the activity by sector rules
When you cannot claim
- Personal insurance for the owner
- Insurance on private property
Good to know
Pro tip: Keep the policy schedule with your records. It shows what the insurance covers and supports the business link.
Related expenses
Stop guessing what you can claim in Belgium
AccountsOS automatically categorises expenses with FPS Finance (SPF Finances / FOD Financiën)-aware rules and tells you exactly what is claimable.
Try Free