- Belgium’s 2026-2029 Budget introduces targeted VAT rate changes effective 1 March 2026, affecting sectors like hospitality, sports, entertainment, food, and pesticides.
- VAT on hotels, sports/entertainment tickets, and take-away meals/beverages rises from 6% to 12%; VAT on non-alcoholic drinks in restaurants/bars drops from 21% to 12%; VAT on pesticides increases from 12% to 21%.
- Excise duties will increase for gas, domestic heating oil, diesel, and petrol, but decrease for residential electricity.
- From 1 July 2026, a EUR 3 levy will apply to non-EU parcels under EUR 150.
- The government opts for targeted adjustments over broad VAT rate changes; businesses should review classifications, pricing, systems, and compliance in response.
Source: bdo.global
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"
- NCTS Phase 6 Opt-Out Goes Live April 1, 2026: Key Changes and Technical Impacts
- Belgium Implements VAT Exemption for Small Businesses and Mandates B2B E-Invoicing from 2026
- Belgium Streamlines Breakbulk Declarations and Tariff Quota Applications with New MASP Procedure
- Belgian Tax Authority Confirms GKS 2.0 Deadlines; Extended Tolerance Period for Catering Businesses
- E-invoicing in Belgium: End of the grace period and full enforcement of the mandate now in effect
