VAT Commission Account to Replace VAT Current Account from May 2026: Key Changes Explained

• The VAT current account will be replaced by the VAT commission account starting May 1, 2026, as part of a broader digitization project.
• The VAT commission account will function as a digital bank account for VAT credits and advance payments, with automatic settlement of VAT debts.
• Balances from the old VAT current account will be transferred to the new commission account, with a grace period for missing returns.
• All VAT credits and payments will be managed centrally through MyMinfin, and the vacation scheme will be abolished.
• Refunds will only be possible if listed in schedule 72 of the VAT return, and a new account number will be used for VAT payments.

Source: vandelanotte.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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