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News 28th of February 2017 By Dries Torreele

Abolition of requirement for quarterly VAT declarants to make advance payments

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Abolition of requirement for quarterly VAT declarants to make advance payments
Several months ago, the Finance Minister announced the abolition of the requirement for VAT taxpayers who file quarterly returns to pay quarterly advances. As of 1 April 2017, the abolition will be a fact.

Abolition of interim payments...

... but the December advance payment still remains

Disclaimer
We base our advice on current legislation, interpretations and legal doctrine. This does not prevent the administration from being able to challenge it or to change existing interpretations.
Dries Torreele
Dries Torreele