- A new option allows for VAT to still be applied to rental agreements if parties have not opted for it
- VAT treatment of service costs in the commercial property sector should be assessed on a case-by-case basis
- The definition of a building includes any structure permanently connected to the ground
- Brick paving qualifies as a building if it is part of a whole with excavation, drainage, and site lighting
- Independent immovable properties, including apartment rights, are subject to VAT at their own level
- The rental of non-integrated solar panels is now considered exempt from VAT
- Landlords who deducted VAT on solar panels before 2023 do not need to revise this, but VAT must be paid on operating fees until the end of the revision period
- Service fees for the rental of residential property follow the VAT exemption, but commercial property service costs require case-by-case assessment
Source: globaltaxnews.ey.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
