VATupdate
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VAT credit refund possibility announced in response to COVID-19

On 29 March 2020, the Belgian tax administration published an additional measure to support the liquidity of businesses following the COVID-19 outbreak. The new measure allows VAT registered businesses that submit monthly VAT returns to request a refund of their credit VAT balance through the February 2020 VAT return. The tax authorities subsequently published an update, clarifying that the return must be submitted by 3 April 2020.

Source: Deloitte