- From May 2026, Belgium will replace the VAT current account with a VAT provision account, affecting how liabilities, credits, and refunds are managed.
- Stricter enforcement includes substitute VAT returns for missed filings, with default assessments based on previous liabilities and a minimum of EUR 2,100.
- Input VAT adjustment periods are extended to 15 years for intangible assets/services and 25 years for buildings and related property.
- VAT identification number reporting is clarified for non-Belgian businesses with Belgian VAT registrations.
- Taxpayers must update return filing controls, VAT credit recovery, asset registers, ERP data, and payment processes.
Source: vatcalc.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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