Belgium's Ministry of Finance has published the individual income tax brackets and rates for 2016. Although the tax rates for each bracket remain the same, each bracket is increased as follows:

• up to EUR 10,860 - 25%
• over EUR 10,860 up to 12,470 - 30%
• over EUR 12,470 up to 20,780 - 40%
• over EUR 20,780 up to 38,080 - 45%
• over EUR 38,080 - 50%

In addition to the bracket threshold increases, t…