As of 1 July 2026, the withholding tax rate applicable to dividends under the VVPR-bis regime has increased from 15% to 18%.
Belgian tax and accounting news... in less than 400 characters!
Here are the current topics in Belgian taxation and accounting that we follow on a daily basis.
New deadline for the VAT return
• 20 January 2025Starting in 2025, quarterly VAT returns, intra-community listings, and payments must be submitted no later than the 25th day following the end of a quarter. For monthly filers, the deadline remains the 20th day of the month.
Personal tax 2024 (inc. 2023) – deadlines
• 14 May 2024via paper: by June 30, 2024. via MyMinfin: General principle: you have until July 15, 2024. With specific income types (e.g., self-employed): you have until October 16, 2024
Tax prepayments 2024
• 6 April 2024The penalty for insufficient advance tax payments increases to 9% for businesses (both individuals and companies). Make sure to pay your installments on time.
Interest rate on current account
• 4 March 2024If you owe money to your company, it means you have a debit current account (“compte courant débiteur”). The applicable interest rate for the year 2023 is 5.43%, whereas it was 7.14% in 2022
Electronic invoice
• 30 December 2023The Minister of Finance has submitted to the council of ministers, in second reading, a preliminary project on electronic invoicing. We are not talking here about a simple digital document in PDF, for example, but rather a structured electronic file (PEPPOL bis format), in other words, computer code, which can also be read as a PDF, but especially integrated directly into software for processing. It’s for 2026! Mandatory between taxable persons.
Last tax prepayment
• 29 November 2023If your company finalizes its accounts on 31/12, make sure to make the final prepayment of the year before 20/12 to avoid a tax surcharge.
For businesses in their first three fiscal years, no surcharge is applicable.
These rules also apply to self-employed individuals.
Foreign business trip allowances
• 27 September 2023We would like to remind you that if you have traveled abroad for professional reasons, you are entitled to a flat-rate allowance depending on the destination country (France €100, Italy €85, etc.). We can assist you in setting this up. We recommend keeping a record of your travels in a diary or calendar.
VAT return deadlines
• 26 September 2023In 2024, the deadlines for quarterly VAT declarations will be set on the 25th day following the end of the quarter. Payment deadlines also follow the same schedule