Belgium is implementing significant VAT reforms effective January 2025, including direct debit payments, automatic monthly refunds for monthly filers, and extended deadlines for quarterly returns. In the following, we unveil more about the penalties. Read more

In Belgium, Z reports are essential fiscal documents generated at the end of each business day for every cash register system, including electronic journal (ECR) and PC-POS systems. They consist of the Daily Financial Z report, which provides a turnover breakdown and transaction summary, and the Daily User Z report, which details user-specific activities such as logins, receipts, and VAT contributions. Read more

If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more

The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more

Belgium will require mandatory e-invoicing for B2B transactions starting January 1, 2026, using the Peppol network to streamline operations and combat VAT fraud. The mandate excludes microenterprises and B2C transactions, and the government has published an initial list of compliant e-invoicing software solutions to support businesses in meeting these requirements. Belgium is set to implement mand... Read more

The Tax Authority in Belgium has provided distinction on the fiscalization requirements for certain specific devices like kiosks, vending machines, etc., making important distinctions based on their setup and connection to POS systems (if any) and if they need to be fiscalized. Read more

The Belgian Tax Authorities have released the first version of UseCasesReportsBasic POS_FDM_1.0 and an updated version of UseCases BasicSet POS_FDM as part of the GKS 2.0 documentation, providing essential guidance on report management and basic transaction handling for cash register systems, including JSON message formats, to ensure compliance for POS and FDM solution providers. The Belgian Tax A... Read more