- Parliamentary vote on the new 6 percent VAT regulation for demolition and reconstruction postponed to 17 July 2025
- From 1 July 2025, a 21 percent VAT rate should apply, but administrative tolerance allows 6 percent if conditions are met
- Essential formalities include submitting a prior declaration, though new forms are not yet available
- If material conditions are met, the reduced rate can be applied without prior declaration if forms are submitted once available
- Sales agreements must include specific wording regarding the 6 percent VAT application
- Tolerance published on the FOD Financiën website and confirmed via circular
- Assessment of ‘sole residence’ and ‘hindering possession’ criteria will be per builder or buyer from 1 July 2025
Source: tiberghien.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.
