08.04.23

VAT rate consolidation delay

Belgium’s e-invoicing and e-reporting plans formed part of wider tax reforms in the country, which included a potential VAT rate consolidation.  

Belgium’s planned wider tax reforms have, as of late collapsed, in part due to a degree of political instability in the country. This means that the envisaged plans to consolidate the reduced and super-reduced rates into a single 9% VAT rate have, for now, also halted.  

This in turn raises further questions about the timeline around Belgium’s B2B e-invoicing and e-reporting mandate. While the Belgian government has not communicated any official timelines, this potentially also places the July 2024 inception date in some doubt. 

Belgian is a critical and compliant market for Kofax. We are closely following the mandate implementation, with a view to categorically confirming when we can expect e-invoicing and e-reporting to commence in the country.