- From May 1, 2026, Belgium will modernise its VAT system, centralising accounts and digitalising tax management for all VAT-registered businesses.
- The traditional VAT current and special accounts will be replaced by a new VAT Provision Account, managed via the MyMinfin platform.
- VAT refund procedures are tightened, with requests limited to amounts in Box 72 and automatic offsetting against tax debts; credits from previous periods require a special portal.
- The VAT payment bank account will change, and the “VAT holiday” for summer filings is abolished, though some late penalties may be waived during the transition.
- These changes follow the January 2026 B2B e-invoicing mandate and a March 2026 VAT rate increase for hotels and campsites.
Source: meridianglobalservices.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.
Latest Posts in "Belgium"
- Belgium to Raise VAT Exemption Threshold for Small Businesses to €30,000 in 2026
- Meal Couriers Not Liable for VAT, Says Belgian Tax Authority: Key Points Explained
- Belgium Extends Deadline for Mandatory GKS 2.0 POS Systems in Hospitality Sector to 2026
- EGC T-397/25 (A&P Deco) – AG Opinion – VAT deduction adjustment required even with business transfer and lease
- Recent VAT developments in Belgium
