VAT current account will be replaced by VAT commission account from May 1, 2026

What is the VAT commission account?

The VAT commission account is essentially a digital bank account of a company liable for VAT with the FPS Finance that contains the following:

1. VAT credits from the periodic return for which no refund was claimed (or if the conditions for refund were not met), and

2. Payments made by a taxpayer in anticipation of a periodic VAT return due.

The April 2026 VAT returns (monthly principals) and second quarter 2026 (quarterly principals) are the first periodic returns to be processed under the new system.

Automatic use by the VAT administration

The main difference with the VAT current account is that the amounts due and the balances for which refunds are requested are not shown on the commission account. In the commission account, you will now see an available commission balance that is mainly for settlement purposes and balance management.

The FPS Finance can use the available provisions automatically:

• upon submission of your periodic return: to settle the amount due, including late payment interest and penalties for (partial) late payment;

• in the case of a substitute declaration prepared by the administration: to settle that debt (including interest);

• at the end of each quarter: to settle all uncontested VAT debts for which you are still liable.

What if you still have a balance in your VAT current account on April 30, 2026?

After the provision account comes into force, the balances in the current account will be automatically transferred to the taxpayer's provision account. However, if at least 1 periodic return is missing on April 30, 2026, the taxpayer will still have a limited number of weeks to file this return. Thereafter, the VAT administration will consider whether to refund the credit or apply it to an outstanding debt.

What else will change from May 1, 2026?

• All VAT credits and payments will be managed centrally through MyMinfin.

• The vacation scheme will be abolished. However, the VAT administration makes a promise to be lenient with penalties if the return is submitted this year within the deadline of the old vacation scheme.

• New account number for VAT payments

• A refund via the periodic return is only possible if the amount claimed is listed in schedule 72 of the VAT return. The taxpayer can always reclaim the available amount on the provision account via MyMinfin.