Tag: VAT
Institutions for debt assistance and social work remain exempt from VAT | News item
News item | 2023-04-20 | 12:14 Institutions for debt assistance and social work with and without a profit motive remain exempt from VAT. According to a ruling by the Supreme…
Low VAT rate ‘inefficient’ according to research
The low VAT rate of 9 percent is inefficient in achieving the set goals and the scheme is also expensive. This is the conclusion of the research bureaus Dialogic and…
Reactions to VAT fruit and vegetables: ‘Vegetables grow in the ground, fruit on trees, plants and shrubs’
‘What about a carton of apple juice? Very simple: this does not grow on the tree and is full of additives. With the terms ‘it’s complicated’, politicians once again show…
Research: abolition of VAT on fruit and vegetables expensive and complicated
Reducing the VAT rate on fruit and vegetables to zero percent is legally complicated, costs a lot of money and provides little health benefit. This is evident from a report…
The VAT reduction on food leads the State to spend more money on higher-income families
Costly, inefficient and with a modest impact in relation to the inflationary ‘shock’. The reduction in VAT on various basic foods and basic necessities not only has not yet been…
European operation against gang that evaded VAT for 303 million euros at Liège airport | Abroad
The European Public Prosecutor’s Office (EPPO) carried out ten house searches in Belgium on Tuesday and arrested four suspects in an operation against a gang involved in customs fraud at…
Portugal scraps VAT on essential food | Abroad
“We hope that this measure will result in a reduction in prices,” said Finance Minister Fernando Medina. It was also decided to increase social aid to the poorest families to…
Chamber approves energy VAT reduction with excise reform
The plenary Chamber has today given the green light for the VAT reduction from 21 to 6 percent on gas and electricity, linked to the excise reform, from 1 April.…
Minister Diependaele not in favor of VAT increase renovation to 9 percent: “Wrong signal”
Flemish Minister of Housing Matthias Diependaele (N-VA) is concerned about the planned increase in VAT on renovation. That does not correspond to the efforts that Flemish people have to make…
The self-employed who invoice less than 85,000 euros will be free to invoice and declare VAT
The self-employed who invoice up to 85,000 euros per year may choose to benefit from the next VAT franchise regime that will exempt them from the obligation to include VAT…