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    • UK Based Global VAT and Tax Compliance Consultants
    30
    Nov

    Belgium adopts legislation on chargeabilty of VAT


    VAT on supplies of goods and services in B2B scenarios now becomes chargeable on the issuing of an invoice. If no invoice issued before the 15th of the month following the supply , VAT becomes chargeable on that date and if partial payment is made before the supply, VAT becomes payable on the date of payment. This new rule is designed to replace the current transitional regime and simplify such transactions. Comes into force from 1st January 2016.


    Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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    We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.