- Belgium’s finance law for 2025 introduces changes to VAT declarations and refund requests
- Quarterly filers now have until the 25th day of the following month to submit their VAT returns, extended from the previous 20th-day deadline
- Monthly filers continue to have a submission deadline of the 20th day
- Payment deadlines for quarterly filers also extended to the 25th day from the previous 20th day, while monthly filers’ payment deadline remains unchanged
- Corrective periodic declarations cannot be filed after the legal deadline starting January 1, 2025; errors must be corrected in the next declaration
- A new rule requires a response within one month to VAT inquiries, reduced to 10 days if Treasury rights are at risk or during a VAT credit check
- If a periodic VAT declaration is not filed within three months, a substitute declaration will be proposed and notified by registered mail
- Penalties for late VAT declaration filing are set at 100 euros per month of delay, capped at 500 euros
- Penalties for non-filing start at 500 euros for the first offense, 250 euros for the second, 500 euros for the third, and 1000 euros for subsequent offenses
- Non-payment penalties are 5 percent of the tax due if filed on time, 10 percent if filed late, and 15 percent for a definitive substitute declaration
- The VAT provision account replaces the current account, offering more flexibility and will be the only method for managing credits after May 1, 2025
- From 2025, VAT refund requests must strictly adhere to the credit amount stated in the declaration and cannot be used to offset debts
Source: easytax.co
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.
