11.17.22
Budget tax proposals
Governments often use budgets as a platform to showcase their fiscal policies for the coming year, and Belgium has signalled its intent to refine its tax measures in the coming year.
Proposals in their budget include:
- Permanent 6% reduction for gas and electricity
- Increasing VAT on ‘unhealthy’ products and conversely reducing VAT on healthier products
Once again, countries are targeting specific community agendas, by adapting tax measures with a focus on advancing the health of individuals.
Belgium is a compliant territory for Tungsten Network and will accommodate any new VAT rates as part of our solution.
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse Belgium updates
VAT rate consolidation delay
- VAT/G(S)ST rate information
Electronic invoicing in public procurement – changes
- Mandate information
VAT reduction for energy
- VAT/G(S)ST rate information
Overhaul of VAT process
- Country updates
Wider tax reforms including proposed B2B e-invoicing and e-reporting
- Mandate information
Abolishment of certain Covid VAT measures
- VAT/G(S)ST rate information
Extension of application of reverse charge
- Country updates
Budget tax proposals
- VAT/G(S)ST rate information
Upcoming new format for VAT number
- Country updates
Reduced VAT rate extension for electric, gas and heating supplies
- VAT/G(S)ST rate information
Covid-related VAT reductions
- VAT/G(S)ST rate information
Update on B2B e-invoicing
- Mandate information
Potential VAT reduction on fruits and greens
- VAT/G(S)ST rate information
Potential 22% rate
- VAT/G(S)ST rate information
Joint incentive to reduce the VAT gap
- Mandate information
Mandatory B2G e-invoicing
- Mandate information
Scope of B2G e-invoicing expanded
- Mandate information