Government measures in key jurisdictions 5th edition - Flipbook - Page 14
Belgium
New measures:
• Remission of rent: a 30% tax reduction for landlords who remit the rent of tenants who
were forced to close their businesses due to the measures. The measure is valid for the
rent for the months of March, April and May 2021. A maximum of Ä5 000 per month per
lease can qualify for the tax reduction, and a maximum of Ä45 000 per landlord. For
corporate tax purposes, the benefit is granted in the form of a non-refundable tax credit.
• VAT, customs and excise duties: as for the second quarter of 2021, the late-payment
interest and moratorium interest will drop drastically from 9.6% to 4% and 2%
respectively. The high VAT fine for late payment will also be reduced from 15% to 10%.
• Lowering of minimum thresholds for the refund of vat: as of 1 January 2021, starting
businesses can request a monthly refund of their VAT credit. The VAT refund can be
requested as from Ä400 for periodic declarations and Ä50 for start-ups or end-of-year
declarations.
• Abolition of the December advance payment for vat and withholding tax.
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Exceptional teleworking measures for cross-border workers due to Covid-19 virus:
– the presence of cross-border workers Belgium – Luxembourg in their place of
residence will not be taken into account for the calculation of the 24-day period until 31
March 2021;
– the presence of French cross-border workers in their place of residence in France will
not be taken into account for the calculation of the 30-day period until 31 March 2021;
– the presence of cross-border workers Belgium – the Netherlands in their place
of residence due to Corona measures will not be taken into account until 31 March 2021;
and
– the presence of cross-border workers Belgium – Germany in their place of residence
due to Corona measures will not be taken into account util 31 March 2021.
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For more information, please view here.
At the regional level: Flanders
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Property withholding taxes sent to legal entities for the assessment year 2020 may
exceptionally be paid by 30 April 2021.
For the payment of property withholding taxes sent to sole proprietorships for the
assessment year 2020 that relate to real estate used professionally by sole proprietors,
a payment plan can be requested, with 30 April 2021 as the final payment date.
Premium for companies that are obliged to close down completely.
Extension of periods to meet tax obligations for inheritance tax and registration tax.
Taxes on automatic relaxation devices are suspended.
Facilitating repayment plans.
For more information, please view here.
At the regional level: Brussels-Capital
• Premium for companies that are obliged to close down completely.
• Property withholding taxes for the assessment year 2020 may exceptionally be paid by 30
April 2021.
• Exemption for hotel tax.
• Taxes on automatic relaxation devices are suspended.
• For more information, please view here.
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Government measures in key jurisdictions
