In order to encourage more people to choose the bicycle as a means of transportation, the Chamber approved in 2019 Unanimously the proposal of the good PS To reduce the value-added tax on bicycles and electric bicycles from 21 to 6 percent. Before it could be introduced, the procedure only needed approval from the European Commission.
This approval has now been granted, but the government has now decided to follow in its footsteps and cancel the promised VAT reduction.
Source: taylordailypress.net
Latest Posts in "Belgium"
- Belgium Updates E-Invoicing FAQs: Invoice Date Determines B2B Electronic Format Requirements
- Belgium Updates E-Invoicing FAQ: Key Changes for 2026 Mandatory Compliance
- EU Issues Formal Notices to Belgium, France, Malta Over VAT IT System Compliance
- FAQ on E-Invoicing implementation in Belgium
- EU Opens Infringement Procedures Against Belgium, France, Malta Over Small Enterprise Scheme
