- New Belgian VAT Rules 2025 come into effect on January 1, 2025.
- Changes affect filing deadlines, corrective procedures, penalties, refunds, and payment processes.
- Quarterly VAT returns must be submitted by the 25th of the month following the reporting period.
- Monthly VAT returns deadline remains the 20th, but grace periods are removed.
- Corrective returns must be included in the subsequent VAT return.
- Authorities will issue a substitute VAT return if a return is not submitted within three months of the deadline.
- Penalties for late submissions range from €100 to €500 per month.
- Penalties for non-submission range from €500 to €5,000.
- Penalties for late or non-payment range from 5% to 15%.
- Refund amounts are capped at what is reported in Box 72 of the VAT return.
- Sellers can request refunds even without a monthly license.
- hellotax can help with automated software, detailed records, and real-time compliance monitoring.
Source: hellotax.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.
