- The deadline for the payment of the 2023 VAT installment is December 27th.
- There are three alternative methods for calculating the installment: “historical”, “forecast”, and “actual”.
- The installment does not need to be paid if the amount due is less than 103.29 euros or if it is not required based on the chosen calculation method.
- Public administrations, entities, and companies subject to split payment must also consider the VAT due on transactions made through split payment.
- The VAT charged by the supplier is paid directly to the tax authorities by the buyer or within their periodic settlements.
- The VAT installment is only determined based on the buyer’s portion and not the supplier’s portion.
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
