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Abolition of Flat-Rate Tax Bases: Impact on Inventory for Income Tax and VAT

  • The system of flat-rate tax bases (forfaits ‘college’) will end on January 1, 2028.
  • Affected self-employed individuals must switch to the standard tax regime.
  • This change impacts inventory record-keeping for both income tax and VAT.

Source: financien.belgium.be

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.



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