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Belgium: Tax relief includes extended tax return filing, tax payment deadlines (COVID-19)

Belgium: Tax relief includes extended tax return filing

The Belgian Ministry of Finance during March 2020 announced a series of tax relief measures in response to the coronavirus (COVID-19).

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The tax relief includes:

  • An extension of the filing deadlines to 30 April 2020 (from 16 March 2020) for returns of corporate income tax, the tax on non-legal entities, and the tax for non-resident companies
  • Postponement of the payment deadlines for taxes on wages and salaries
  • A two-month extension for the time to remit payments of tax liabilities arising as of 12 March 2020, with no interest for late payment—this extension is available for amounts of tax liability arising before 12 March 2020 with respect to individual (personal) income tax and corporate income tax

Concerning value added tax (VAT), a VAT “quick” refund mechanism established 29 March 2020 applies for all VAT taxpayers filing monthly VAT returns (including those VAT taxpayers that do not have a monthly refund license). Under the VAT quick refund mechanism, the amount of VAT credit will be refunded if, among other items, the deadline for filing the VAT return for the month of February 2020 (extended to 3 April 2020) is met. A repayment based on the VAT quick refund mechanism will be made, at the latest, by 30 April 2020 (instead by 29 May 2020 for those with a monthly refund license, or by 30 June 2020 for all other VAT taxpayers filing monthly VAT returns).

The KPMG member firm in Belgium has provided this and other information concerning COVID-19-related tax relief on a COVID-19 website

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