Modernization of VAT chain: Circular published with changes for ITAA members’ concerns addressed

• Modernization of the VAT chain: Circular published
• No changes in tolerances and deadlines until October 2025
• Consideration for holiday planning of ITAA offices’ employees
• Existing tolerance for monthly submissions remains
• Deadline for quarterly submissions extended to the 25th of the month
• New tolerance for first late payment introduced
• Compliance with legal deadlines remains a priority
• Changes aim to address concerns of members and provide clarity and flexibility in following the updated rules.

Source: blogitaa.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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