Quarterly payments withdrawn by Belgium

As from the 1st April, 2017, Belgium has withdrawn the obligation to file VAT quarterly prepayments on their VAT obligation.

At present small businesses may opt to file only quarterly In Belgium, as opposed to the usual regular monthly requirements. This is calculated as one third of their previous quarter’s liability, this is due on the 20th of the second and third months of each quarter. The balance of the VAT collected can be reconciled and paid at the end of the quarter.