- Belgium’s VAT chain modernization project will fully implement remaining measures from 1 May 2026, including the VAT provision account replacing the current account.
- The bank account number for VAT payments and refunds will change, and the “summer scheme” allowing extended filing deadlines will be abolished.
- Taxpayers must ensure all VAT returns are submitted by 30 April 2026 to transfer credit balances automatically; otherwise, a grace period will be provided.
- The refundable VAT credit will be limited, but historic credits can be claimed via MyMinfin from 1 May 2026.
- Taxpayers and service providers must update their bookkeeping processes and systems to comply with the new rules.
Source: taxathand.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.
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