Abolition of flat-rate regulations for both VAT and income tax

Both in terms of income tax (ISR) and VAT, for the following professions:

• Butcher butcher
• baker and pastry chef
• coffee maker
• hairdresser for men and women – hairdresser for men – hairdresser for women
• shoemaker
• creamer – itinerant milkman
• general food retailer
• showman
• glacier
• fries merchant (chip shop operators)
• newspaper seller
• textile and leather goods merchant
• pharmacist,

flat-rate regulations are abolished from 1 January 2028 .

 

For these occupations:

 

• It is no longer permitted, from 1 January 2022 , for new taxpayers/subject to VAT to determine their tax base (ISR) / tax base (VAT) by means of the flat tax bases adopted in consultation with interested professional groups.
• In terms of VAT, taxable persons subject to the normal tax regime or the tax exemption regime for small businesses can no longer opt for the flat-rate tax regime from 1 January 2022.
• Consequently, only taxpayers/subject to VAT who, for the tax year 2022 (income year 2021) in terms of SRI and for the year 2021 in terms of VAT, referred to the flat tax bases to determine their tax base (ISR) / tax base (VAT) may continue, in compliance with legal provisions, to use them:
  • until December 31, 2027 at the latest, i.e. until tax year 2028 (income year 2027) in terms of SRI and
  • until December 31, 2027 in terms of VAT.

Source: finances.belgium.be

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