Belgian annual VAT prepayments abolished starting 2021
Permanent abolishment of the annual VAT prepayments in Belgium following the amendment of VAT Law in the context Covid-19 relief measures.
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Permanent abolishment of the annual VAT prepayments in Belgium following the amendment of VAT Law in the context Covid-19 relief measures.
Due to Brexit, the Belgian tax authorities announced various changes to the Intrastat return for companies trading with the UK.
The Belgian tax authorities have confirmed that following Brexit, UK companies will not need fiscal representation for VAT purposes.
This year it's not mandatory to make a down VAT payment during the month of December. This is a temporary simplification due to Covid-19.
Belgian Intrastat authorities have sent a letter to all taxpayers informing about the usual errors on Intrastat reports.
Belgian VAT penalties have been relaxed. A notice was published with new guidelines on the Belgian VAT penalty regime.
The Belgian Intrastat authorities sent letters to all businesses required to submit Intrastat returns with an update on data transmission, data requirements and upcoming changes in 2019.
The Belgian Intrastat authorities sent letters to all businesses required to submit Intrastat returns with an update on data transmission, data requirements and upcoming changes in 2019.
Belgium has adopted the recent ECJ jurisprudence regarding the right to deduct VAT on incomplete invoices with missing details.
Belgium recently reduced the right to deduct VAT on business gifts.
Belgium will no longer require monthly VAT pre-payments from taxpayers submitting quarterly VAT returns.
The government announced plans to reduce VAT rates in Belgium: there is planned a sizeable decrease in tax on e-books. Electronic books are currently taxed at 21% and this proposal would reduce the VAT rate to 6%.