Schedule a free videoconference with the author Belgium – Changes in 2025: Failure to submit VAT returns on time can cost you dearly! The Author of the Article Bernard Ickowicz … Read More
Schedule a free videoconference with the author Belgium : monthly or quarterly VAT return? The Author of the Article Bernard Ickowicz + 32 (0) 4 96 52 60 06 bernard.ickowicz@vatdesk.eu … Read More
Schedule a free videoconference with the author Belgium : Adapt to new VAT refund deadlines! The Author of the Article Bernard Ickowicz + 32 (0) 4 96 52 60 06 … Read More
Schedule a free videoconference with the author Import VAT Postponed accounting system for Import VAT in Slovakia The Author of the Article Bernard Ickowicz + 32 (0) 4 96 52 … Read More
Schedule a free videoconference with the author International trade Expedition of goods from Italy. Beware of the danger! The Author of the Article Bernard Ickowicz + 32 (0) 4 96 … Read More
Importation of goods in the EU? Customs duties and VAT are due unless you apply the deferred payment or the postponed accounting via VAT return
Schedule a free videoconference with the author VAT triangulation regime – danger ! The Author of the Article Bernard Ickowicz + 32 (0) 4 96 52 60 06 bernard.ickowicz@vatdesk.eu Schedule … Read More
When a company ceases trading, the question arises as to whether the VAT initially deducted on capital expenditure should be repaid. Traditionally, it had been accepted that a company did not have to regularize VAT when it could demonstrate that it had intended to carry on an economic activity, but had been unfortunate in its business dealings. A European case has now turned this idea on its head.
Accepting a defective invoice from your supplier means exposing yourself to a loss of VAT deduction, a penalty that can quickly weigh heavily on a company’s finances
It is not uncommon for companies to make errors in their VAT returns. Two types of penalty are possible, depending on the nature of the error: administrative fines and/or late payment interest.