- Royal decree published on 24 October 2024 introduces changes to VAT operational management in Belgium
- Changes expected to come into force on 1 January 2025
- Impact on VAT compliance for taxpayers and e-service providers
- Filing deadline for quarterly VAT returns extended to 25th day of the month
- Leniency for late filing penalties removed
- Tax authorities can propose substitute declaration if VAT return not submitted
- VAT provision account to replace taxpayer’s VAT current account
- VAT debts centralized in tax authorities’ Federal Integrated Recovery System
- Taxpayers can request refunds using online portal instead of periodic VAT return
- Accelerated refund process available for timely taxpayers
- Mandatory one-month deadline for VAT taxable person to respond to information requests
Source: taxathand.com
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.
Latest Posts in "Belgium"
- Belgium Proposes VAT Reform for Art, Antiques, and Virtual Services to Align with EU Directive
- Belgium Postpones VAT Chain Reform and Eases Reporting for Mixed and Partial Taxpayers
- Comments on GC T‑575/24 – AG – Contrary to EU law if services provided to members are regarded as internal acts
- E-Invoicing in Belgium – Factsheet
- Comments on ECJ case C-234/24 (Brose Prievidza):No VAT Exemption for Tooling Without Physical Movement
