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Extension of VAT 6% Transitional Measures for Demolition-Reconstruction Projects Until June 30, 2025

  • Minister of Finance announced extension of transitional measures for demolition-reconstruction until June 30, 2025
  • Projects in 32 cities and municipalities can continue at 6% VAT rate
  • Conditions include submission of building permit before 01.01.2024 and payment of VAT by 30.06.2025
  • Sale at 6% VAT rate also extended with strict conditions
  • Works at 6% for long-term rental introduced this year with specific requirements
  • Works carried out by private individuals for rental under social policy remain unchanged
  • Thorough analysis of each project necessary to ensure conditions are met.

Source: news.pwc.be

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.

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