Legislation to extend certain temporary relief measures provided in response to the coronavirus (COVID-19) pandemic has been passed by the Belgian Parliament and is generally effective from 1 July 2021.
The legislation extends the following value added tax (VAT) relief measures:
- Reduced VAT rate for masks and hydroalcoholic gels: The reduced VAT rate of 6% continues to apply through 30 September 2021 with regard to the supply, intra-Community acquisition, and import of masks and hydroalcoholic gels.
- Reduced rate of interest on late payments of VAT: The rate of interest on late payments of VAT is temporarily reduced for the months April, May, and June 2021 and also for the months in the third calendar quarter of 2021 (July, August, and September).
Source KPMG
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