Belgium is advancing its tax modernization agenda with a new phase of its VAT (Value Added Tax) reform, set to take effect on 1 May 2026. This reform is part of a broader effort to digitize and streamline VAT processes, improve compliance, and enhance transparency within the tax system.
The changes build on the Act to modernise the VAT chain, published in the Belgian Official Gazette on 23 March 2023, and were further detailed by the Belgian Ministry of Finance in March 2026.
Background: A multi-phase VAT reform
Belgium’s VAT chain reform is not a single event but a phased transformation. Initial measures were introduced in 2025, focusing on improving filing processes and compliance monitoring. The 2026 update represents a significant operational shift, particularly in how VAT payments, credits, and refunds are managed.
The reform aligns with broader European trends toward digital tax administration and real-time reporting, encouraged by the European Commission.
Key Changes from 1 May 2026
1. Introduction of the VAT provisions account
A central element of the reform is the replacement of the current VAT current account system with a new VAT provisions account (Compte-provisions TVA / Btw-Provisierekening).
This new account will:
- Consolidate VAT credits and liabilities
- Provide a clearer, real-time overview of a taxpayer’s VAT position
- Serve as the main interface for managing VAT balances via the MyMinfin platform
2. Streamlined payment management
The reform aims to simplify VAT payment flows. However, during the transition period:
- The new account will not yet accept incoming payments as of April 2026
- Businesses must continue using the existing bank account (BE22 6792 0030 0047) for VAT payments linked to periodic returns
New VAT-specific bank account numbers will eventually be introduced, but their activation timeline has not yet been confirmed.
3. End of the VAT “Holiday” scheme
Belgium will abolish its long-standing VAT holiday system, which allowed extended filing deadlines during the summer months.
From 2026 onward:
- No automatic deadline extensions will apply
- Filing schedules will remain consistent throughout the year
As a transitional measure, no late filing penalties will be imposed for 2026 returns submitted within the former holiday deadlines.
VAT Refunds during the transition
The reform introduces important changes to how VAT refunds are handled:
- Refunds requested through periodic VAT returns will be limited to the amount declared in box 72
- Any excess credit must be claimed via the VAT provisions account in MyMinfin
Transitional rules
- If all VAT returns are submitted by 30 April 2026, existing credits will be automatically transferred to the new account
- If returns are missing, taxpayers will be granted a short grace period to comply before:
- Credits are refunded, or
- Offset against outstanding VAT liabilities
What comes next?
While several elements of the VAT chain reform are already in force, further developments are expected:
- Introduction of direct debit VAT payments
- Additional technical and procedural guidance from tax authorities
- Continued integration of digital tools and automation
As of now, no official timeline has been announced for these next steps.
Conclusion
Belgium’s VAT chain overhaul marks a significant step toward a more structured, automated, and transparent tax system. By centralizing VAT balances and modernizing payment and refund mechanisms, the reform is designed to reduce administrative complexity while strengthening compliance.
Businesses operating in Belgium should prepare by:
- Ensuring all VAT filings are up to date before April 2026
- Familiarizing themselves with the MyMinfin platform
- Adjusting internal processes to reflect the removal of filing deadline extensions
Eurotax can help you with your VAT compliance in Belgium. You can find more info in our VAT page here. You can also contact us if you need any help.
