belgian vat

Belgium proposes to modernise its VAT compliance system

February 27, 2023 in European VAT

Belgium proposes to modernise its VAT compliance system

The Belgian Parliament published on 7th February 2023 a proposed bill to modernise the country’s VAT collection system with key changes to the processing of VAT returns and payments. From the introduction of a new substitute return to changes to VAT refunds, the proposed amendments would revamp the processing of VAT returns and payments in the country and create more efficiency for taxpayers and the administration. If approved, the new measures could be introduced as soon as 1 January 2024.

Recent posts

spain B2B
February 27, 2023
Spain to introduce B2B e-invoicing obligations
Read More
CESOP
February 27, 2023
CESOP and payment service providers’ new reporting obligations from 2024
Read More
poland slim vat package
February 27, 2023
Poland adopts new package of VAT simplifications referred to as SLIM VAT 3
Read More

Not sure where to begin?

Schedule a call with one of our VAT experts today