- New VAT chain starts January 2025
- VAT refund application only covers credit on VAT return (schedule 72)
- Refund only possible if credit is at least 50 euros
- Validation rule in Intervat prevented refund requests for less than 50 euros
- Transitional arrangement until September 2025 allows refund of full credit
- Validation rule was activated prematurely
- Tax authorities deactivated the rule
- VAT payers can modify their January 2025 returns until February 20 or request a refund separately
Source: vatsquare.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.
