A new Royal Decree has implemented a number of important VAT amendments to Royal Decrees Nos. 1, 2, 3, 4, 10, 19, 22 and 59 (RD 26.10.2022, BS 10.11.2022).
One of the most striking changes concerns the scope of application for the reverse charge for work in immovable property.
Another important (previously announced) change concerns the new electronic prior notification that mixed VAT taxpayers must comply with if they want to deduct VAT according to the method of actual use. The new Royal Decree introduces new modalities of this new procedure, which is mainly intended to better arm the administration when checking mixed VAT payers. We will inform you about this in a separate contribution.
Both changes will take effect on January 1, 2023.
Source VATconsult
