VAT Treatment of Weekend Home Rental Income and Construction Costs

• The inspector corrected the VAT deduction for the construction costs of a weekend home in Belgium.
• The weekend home was rented out, and the rental income was subject to VAT.
• The VAT on the rental income was calculated based on the rental period and the VAT rate applicable in Belgium.
• The VAT deduction for the construction costs was corrected, and the VAT on the construction costs was calculated.
• The VAT on the sale of the weekend home was calculated based on the sale price and the VAT rate applicable in Belgium.
• The rental income and construction costs were subject to VAT, and the VAT was calculated based on the applicable VAT rate and the rental period.
• The VAT on the rental income and construction costs was calculated, and the VAT deduction for the construction costs was corrected.

Source: uitspraken.rechtspraak.nl

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.