The penalty for insufficient advance tax payments increases to 9% for businesses (both individuals and companies). Make sure to pay your installments on time.
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.
Interest rate on current account
• 4 March 2024Electronic invoice
• 30 December 2023Last tax prepayment
• 29 November 2023Foreign 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.