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Application to make use of VAT Exemption Scheme for Small Businesses to be submitted by June 10, 2022

DO YOU WANT TO MAKE USE OF THE VAT EXEMPTION SCHEME FOR SMALL BUSINESSES?

You can make use of the VAT exemption scheme for small businesses if your turnover under the normal VAT regime did not exceed 25,000 euros in the past calendar year and you meet the other conditions. With this arrangement you are exempt from most VAT obligations.
Do you want to make use of that arrangement? If your turnover in 2021 did not exceed 25,000 euros, you will receive a letter ‘Application of the VAT exemption scheme’ during the month of May. It contains more information about the conditions and modalities of that scheme. You can find that letter in MyMinfin: you register and click on ‘My documents’.

 

Do you meet the conditions and do you want to opt for this scheme? Submit your application to amend the VAT scheme before June 10, 2022 via the application e604(link is external)> ‘Change VAT identification’ > ‘Regime’.

Source financien.belgium

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