- ITAA received concerns from members regarding the consequences of a KB on mixed VAT taxpayers
- The requested reporting for this specific group is deemed disproportionate
- A new approach in accounting software may increase administrative burden
- ITAA engaged with FOD Fin and the Minister’s Cabinet to find a pragmatic solution
- FOD announced a tolerance for 2024 regarding VAT deduction based on actual use or general ratio
- Deadlines for providing information extended to July and August 2024
- VAT taxpayers using actual use method must include specific data in their VAT returns
Source: blogitaa.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.
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