- From 2026, SMEs in Belgium will not need to provide detailed information for VAT deduction.
- Currently, mixed VAT taxpayers must provide additional information with their VAT return based on the previous year’s figures.
- This includes percentage allocation of VAT charged to various costs and special ratios.
- For 2024 and 2025, taxpayers can defer providing detailed information until the second quarter or June, using estimates.
- Final figures must be submitted in the third quarter or November return.
- Large companies must still provide final figures; no tolerance will be applied from 2026.
- Only large companies are required to provide detailed information for partially VAT taxpayers.
Source: vatsquare.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.
