Belgian Chamber of Representatives approves bill to raise small business VAT exemption ceiling.

• Belgian Chamber of Representatives accepted Bill No. 56K0510001 to modify VAT exemption regime for small enterprises
• Bill includes measure to increase small business VAT exemption turnover ceiling to 35,000 euros
• Increase is to address inflation
• Previous turnover ceiling was 25,000 euros

Source: news.bloombergtax.com

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