The new government of Belgium has agreed on changes of VAT compliance issues. The changes are:
- 6% of the reduced VAT rate will be applicable on the expenditure for improvements to homes of at least 10 years old. Previously it was 5 years old to avail of the reduced VAT rate.
- New January 2015 B2C digital services VAT rule has been implemented.
- VAT registration threshold has been increased to Euro 25,000 per annum.
- Cosmetic surgery has been reclassified to the standard rate from the reduced rate from July 2015.