News Archive

From 2025, VAT administration is making some important changes as part of the modernisation of the VAT chain. A number of administrative tolerances will disappear, and deadlines will be enforced more strictly.

On 31 December 2024, the long-awaited Royal Decree was published, clarifying the scope of the new regulations. We outline the key aspects of the reform.

To prevent France from being left without a budget, President Macron announced the introduction of a special Financial Law for 2025. This temporary and pragmatic law will maintain the tax rules from 2024 unchanged in 2025, without adding new taxes or expenditures.

On 5 December 2024, the tax administration published new guidelines on the reimbursement of electricity charged at home by employers to employees and company directors. These guidelines introduce a temporary administrative tolerance for 2025.

As of 1 January 2025, new and stricter rules will come into force in Flanders, further tightening the existing system of chain responsibility for the illegal employment of third-country nationals. This legislation increases the responsibility of contractors and clients.

Since 2016, Belgium has implemented a mandatory three-tier documentation system for transfer pricing, consisting of a master file, a local file and a country-by-country report (CbCR). For tax years beginning on or after 1 January 2025, these forms will be updated.

Are you considering making a manual or bank gift soon? Don’t wait too long! Starting 1 January 2025, regulations in Flanders will change. The so-called 'suspect period' will be extended from three to five years.

From 1 January 2025, significant changes will be introduced to the VAT chain. The 'VAT chain' encompasses the entire VAT procedure, including periodic VAT returns, payments, and controls by the tax authorities. The changes will be introduced in stages by the Belgian administration.

From 1 January 2026, e-invoicing will be mandatory for all Belgian VAT-registered businesses in a B2B context. This marks a fundamental change in the way companies create, send and receive invoices. But what does this measure mean exactly?

Starting January 1, 2025, employees will fully transition to the digital control card for temporary unemployment, marking the complete end of the paper version. This shift offers numerous benefits.

On November 12, 2024, Minister of Finance Van Peteghem announced in a press release that the transitional arrangements for the reduced VAT rate on sales after demolition and reconstruction will be extended.

It’s becoming more noticeable: Belgian companies are increasingly choosing to expand into Northern France. But what makes this region so attractive, and how should you approach this move if you’re considering a similar step?

This book introduces new rules regarding non-contractual liability, which have significant implications for auxiliary persons such as employees, directors, and subcontractors. The law is expected to take effect on 1 January 2025.

The suspensive condition is an essential concept in contract law that allows parties to make the commencement of an agreement dependent on a future, uncertain event. This offers parties flexibility and protection against unforeseen circumstances.

On April 24, France introduced an important legislative change regarding the accumulation of leave days during employee illness. This change was introduced to align French labor law with European regulations. Now, employees can partially accumulate paid leave (80%) during periods of illness.

A replacement holiday is required for any public holiday that falls on a Sunday or what is normally a non-working day for your business (generally Saturday). This ensures that your employees still receive the ten annual public holidays to which they are entitled.

As holiday homes are often not used year-round, they are frequently rented out, usually through online platforms such as Airbnb. Since 2021, these platforms must share information with the Belgian tax authorities, leading to an increase in inspections.

Anyone who does not live in France but works there physically (full-time or part-time) is required to pay this withholding tax. One of the main reasons this system is attractive for non-residents is its relatively low tax rates.