Delayed VAT code modernisation 1 January 2025- improved credit refunds, extended deadlines backed by tougher fines approved Belgium has gazetted on 23 October delayed compliance reforms (initially planned for Jan 2024). They will go ahead on 1 January 2025. Learn more about Belgian VAT in our
Belgium Federal Public Service lists compliant Peppol accounting software for 1st January 2026 B2B e-invoicing The Belgian Federal Public Service Finance (FPS) has issued on 15 October a list of registered accounting software for e-invoicing which becomes mandatory for resident businesses from 1 January 2026.
‘Super Nota’ Tax reform proposal to reignites consolidation of 6% and 12% reduced VAT rates to new 9% rate Flemish politician and chief negotiator on forming the next Belgian Federal Government , Bart De Wever, has put together a comprehensive tax plan to be at
Coalition agreement includes €2.1 billion VAT and excise rises The pending Belgian government coalition agreement includes VAT and customs rate rises adding up to €2.1 billion. This would fill Belgium’s large budget deficit, which was 4.4 percent of GDP in 2023 — far above the
E-commerce marketplaces jointly and severally liable; due diligence requirements Belgium is considering a proposal to make digital platforms and marketplaces jointly and severally liable for their third-party sellers B2C transactions. This could take effect from 1 January 2024 in a Bill being drawn up. Belgium would
Chamber of Representatives makes energy VAT cut permanent The Belgian 2023 Federal Budget has changed the temporary VAT cut from 21% to 6% permanent. There will also be reforms of the excise duties on gas and electricity. This covers: electricity, natural gas, heating fuels and
First wave Belgian tax reforms, including proposals to consolidate VAT rates, dropped Failure to gain political support by the Belgian Finance Minister, Vincent Van Peteghem, to his ‘first phase tax reforms’ means they are now likely delayed until after the summer 2024 elections. This means
July 2024 to July 2025 B2B invoicing phased rollout; Peppol likely preferred standard Original plans to launch July 2023 likely have been delayed for a second time to start July 2024 as key decisions and planning remain. Belgium’s preferred plan is two staged: PEPPOL-based e-invoicing
Belgian VAT code gets update Belgium is considering a range of VAT compliance updates. A draft Bill is now passing in Parliament regarding a number of measures. Also, see our Belgian VAT country guide. The updates include: New legal definition of an electronic invoice as
