The VAT relief measures were announced in March 2021 and include a reduced rate of VAT for face masks and hydroalcoholic gels, reduced rates of interest and penalties for late payments of VAT, and reduced thresholds for VAT refunds.
Additional measures regarding VAT credit thresholds and repealing a requirement for payment of a “December advance deposit” (decembervoorschot / acompte en décembre) by certain remitters of VAT were separately provided by two Royal Decrees.
Source KPMG
Latest Posts in "Belgium"
- GKS 2.0 Mandatory for Hospitality Businesses from July 1, 2026
- Circular 2026/C/60: Belgium Clarifies VAT Non-Transfer Rule for Temporary Cross-Border Goods Use
- Can VAT Penalties Be Suspended or Deferred?
- Belgium VAT Reform: Provisional Account Introduced, Holiday Scheme Abolished
- VAT Circular Clarifies 12% Rate for Furnished Lodging and Camping Sites
