Belgium To Expedite VAT Refunds For Firms Amid COVID-19

by Ulrika Lomas, Tax-News.com, Brussels

15 April 2020

On March 29, 2020, the Belgian tax authority announced that value-added tax refunds will be accelerated for all declarations relating to the month of February 2020.

This measure is subject to certain conditions, outlined below:

• Taxpayers must file their February 2020 VAT declaration by April 3, 2020;
• This declaration must be filed via the Intervat system;
• Taxpayers must check the "Request for restitution" box to receive a refund;
• The refund must be for a minimum of EUR245 (USD270);
• All declarations relating to the current year must have been filed; and
• The tax administration must have a bank account number for VAT refunds.

Refunds for February VAT declarations will be paid by April 30, 2020 at the latest, instead of by May 29, 2020.

The standard deadline for the VAT deadline remains April 6, 2020, for those taxpayers that do not wish to avail themselves of an expedited VAT refund.

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