POSTPONEMENT FOR VAT PAYERS – SUMMER HOLIDAYS 2021
At the proposal of the Minister of Finance, the FPS Finance will provide facilities to VAT taxpayers during the summer holidays 2021. This mainly concerns a relaxation of the deadlines for submitting their declarations, as well as for submitting their intra-Community declarations.
These facilities do not apply to the submission of declarations and payments in the context of ‘Mini One Stop Shop’ (MOSS). European regulations do not allow this.
Declarations
You can submit your returns until the following dates:
| Declaration | Date for submission |
|---|---|
| Monthly declarations for the transactions of the month of June 2021 | at the latest on August 10, 2021 (instead of July 20, 2021) |
| Quarterly returns for the transactions of the second quarter of 2021 | at the latest on August 10, 2021 (instead of July 20, 2021) |
| Monthly declarations for the transactions of the month of July 2021 | at the latest on September 10, 2021 (instead of August 20, 2021) |
EXCEPTION:
- License holders for monthly VAT refund
- Recipients of accelerated monthly VAT refund due to STARTER status
If you are entitled to a refund of a VAT credit, you must submit your return:
- no later than 23 July 2021 for the June 2021 returns
- no later than 24 August 2020 for the declaration of July 2021
The bank details must be known at the time of closing the current account. If the account number for VAT refunds is not known to our services, the credit will not be refunded but will be automatically transferred back to the current account.
Exercises
You can submit your statements until the following dates:
| Assignment | Date for submission |
|---|---|
| Quarterly statement of intra-Community transactions for the second quarter of 2021 | at the latest on August 10, 2021 (instead of July 20, 2021) |
| Monthly statement of intra-Community transactions for the month of June 2021 | at the latest on August 10, 2021 (instead of July 20, 2021) |
| Monthly statement of intra-Community transactions for the month of July 2021 | at the latest on September 10, 2021 (instead of August 20, 2021) |
Payments
You still have to pay the VAT due on the normal due dates , i.e. at the latest on 20 July 2021 (return of the second quarter or June 2021) and at the latest on 20 August 2021 (return of July 2021).
If you have not paid the full amount due on one of those due dates, we will debit your current account with late payment interest. We calculate these default interest in accordance with the provisions of the VAT Code ( Article 91, § 1(link is external)): 0.33% per month of delay based on the amount due (a started month counts as a full month). The default interest of one month is only claimed if it reaches 5 euros.
The payment, to be made before one or other of the aforementioned due dates, may of course be reduced to the amount of the available credit balance that the current account of the taxpayer has on that date. The tax credit that, at the end of July, meets the conditions of art. 8/1, § 2, of the Royal Decree No. 4 to be reimbursed, should not be considered available.
Source financien.belgium
