VATupdate

Share this post on

Expansion of Reduced VAT Rate for Demolition and Reconstruction Exclusively for Rental Properties

  • Reduced VAT rate for demolition and reconstruction reintroduced for rental properties
  • Investors in rental properties can build at 6 percent VAT rate
  • Previous reduction of VAT rate for demolition and reconstruction was reversed
  • Measure only applies to rental market
  • Three social conditions linked to new preferential rate
  • Preferential rate applies to entire Belgian territory

Source: vat-consult.be

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.

Sponsors:

VAT news

Advertisements:

  • vatcomsult