via 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
L'actu fiscale et comptable belge... en moins de 400 caractères!
Voici les sujets d'actualité en fiscalité et comptabilité belge que nous suivons au quotidien.
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
Copyright
• 22 September 2023The government has thoroughly revised copyright legislation. Only certain “artistic” professions will have the right to it, excluding the field of computer science. We are closely monitoring this, including the legal proceedings initiated against the reform.