VAT OBLIGATIONS IN BELGIUM

How is the tax period determined in Belgium? 

Monthly/Quarterly

Your company has to report its VAT position by filing periodical VAT returns on a monthly basis [standard tax period]. Quarterly reporting period  can be opted for under conditions.

 

When should periodical VAT return be filed?

Periodical VAT returns must be filed by electronic means via "Intervat" to Belgian VAT authorities before the 20th day of the month [20 of N+1] following the tax period [month/quarter] to which it relates.

VAT Directive

The tax period shall be set by each Member State at one month, two months or three months. Member States may, however, set different tax periods provided those ones do not exceed one year. The VAT return shall be submitted by a deadline to be determined by Member States. That deadline may not be more than two months after the end of each tax period.

Is this requirement laid down in the country and what is the filing deadline?

Foreign companies are required to file a yearly statement reporting taxable transactions [goods and services] with all taxable persons identified for VAT purposes in Belgium. The statement should be filed by electronic means via "Intervat" before March 30th of the next calendar year.

VAT Directive

Member State may require taxable persons to submit a return in respect to all transactions carried out in the preceding year. That return shall provide all the information necessary for any adjustments.

 

Are quarterly filings allowed by the country and what is the filing deadline?

The recapitulative statement [ESL] must be drawn up depending on the periodicity of the VAT return [month/quarter].Foreign companies filing quarterly VAT returns have to submit the statement on a quarterly basis accordingly. ESL should be filed by electronic means via "Intervat" before the 20th day of the month following the reporting period [month or quarter] to which it relates.

VAT Directive

The recapitulative statement shall be drawn up for each calendar month. However, Member States, in accordance with the conditions and limits which they may lay down, may allow taxable persons to submit the recapitulative statement on each calendar quarter where the total quarterly amount of intra-EU supplies of goods does not exceed either in respect of the quarter concerned or of any of the previous four quarters the sum of € 50.000 or its equivalent in national currency. The recapitulative statement shall be submitted within a period not exceeding one month.

What is the payment deadline?

The VAT due should be paid by filing deadline for the VAT return - no later than the 20th day of the month after the end of the tax period [month/quarter] to which it relates.

Are interim payments required?

End of prepayments for taxpayers filing quarterly VAT returns (01/04/2017). A "December advance payment" must be made on December 24th for all taxpayers.

 

VAT Directive

Any taxable person liable for the payment of the VAT must pay the net amount of the VAT when submitting the VAT return. Member States may, however, set a different date for payment of that amount. Member States may require interim payment to be made.

 

Is any VAT credit automatically carried forward or refunded?

A VAT credit is in principle automatically carried forward to the next period, unless a tax refund has been applied for.

 

VAT Directive

Where, for a given tax period, the amount of deductions exceeds the amount of VAT due, the Member States may, in accordance with conditions which they shall determine, either make a refund or carry the excess forward to the following period. However, Member States may refuse to refund or carry forward if the amount of excess is insignificant.