– Extension of reduced VAT rate of 6% for demolition and reconstruction of real estate in Belgium’s 32 central cities to the entire country from 1 January 2024, with certain social conditions.
– Sale by real estate developers will no longer be eligible for the reduced VAT rate of 6% from 1 January 2024.
– Extension of reduced VAT rate of 6% on heat pumps for one year.
– Repeal of reduced VAT rate of 6% for supply and installation of solar panels from 1 January 2024, except for certain private dwellings.
– Increase in registration duties on ground lease and building right from 2% to 5%.
– Introduction of mandatory electronic invoicing (e-invoicing) for taxable persons (B2B) from 1 January 2026.
– Decrease in excise duties on electricity and increase in excise duties on gas and propane effective 2028, except for professional users.
– Further phasing out of the system of professional diesel with a decrease of €10/1 liter.
– Increase in excise duties on tobacco and alternative tobacco products.
Source KPMG
