Tag: Belgium

VAT reforms May 2026: compliance changes for taxpayers Replacement of existing VAT current account with a provision account, changing how liabilities, credits and refunds are managed. Stricter default assessment rules, revised refund conditions, and longer VAT deduction adjustment periods for certain assets. Taxpayers should now

1st March hotels reduced rate rises from 6% to 12%; pesticides to 21% Latest: 23 Feb 2026 FAQ's on emergency reduced VAT rate increases The Belgian Federal Public service has issued guidance on the 1 March 2026 rise in reduced VAT rates on furnished short-term

Belgium VAT reforms adopted by Parliament Stronger compliance enforcement (substitute VAT returns and stricter refund conditions). Longer asset monitoring horizons (15- and 25-year adjustment periods). Targeted administrative simplifications (VAT number reporting clarification). World's only single tax engine & reporting application, uniquely codifying  Belgian and all country

2026 Budget avoids proposed 1% VAT rise to 22% Hotels, takeaway meals, sport & leisure rise to 12% rate Belgium’s 2026 federal budget debate abandons a proposed 1% standard VAT. Instead there will be increases on a range of reduced rates and excise duties On

Belgian Draft VAT Bill Place of supply of cultural services, Profit Margin Scheme, and VAT for art and antiques A draft Bill has been submitted to Parliament covering updates to the Belgian VAT law in three domains: World's only single tax engine & reporting application,

The Belgian VAT chain modernisation project, first announced in 2024 and postponed twice, has now been pushed back indefinitely. With Circular 2025/C/62, the government has effectively shelved the reforms, leaving the transitional rules in place. See more in our Belgian VAT guide. World's only single

1 July 2025 changes to reduced VAT rates promote ‘green’ priorities The Belgian federal government has approved a draft program law introducing several VAT-related changes, as outlined in the 2025–2029 Coalition Agreement. Read more in our Belgian VAT guide. The permanent application of the reduced

Fiscal cash registers extends in the hospitality sector The new Belgian government is extending the mandate of fiscal cash registers throughout the hospitality and similar VAT-fraud prone sectors. Belgium introduced certified cash registers July 2016 for the hotel, restaurant, and Café/Catering (HORECA) sectors. There is