The beginning of each new year always starts with a bang. There are fireworks and champagne and the cherry on top, the start of the legal changes for that year. The legal changes in Belgium in 2016 are limited to a blow over.
The VAT returns (Intervat), the Intrastat declarations (OneGate) and the XML formats for SEPA CT and SEPA DD (Febelfin) payments remain unchanged in 2016.
Payment of VAT
Only legislation on the payment of VAT is 'back from never really leaving'. For domestic deliveries and services in a B2B context, from 2016 VAT will be payable when the invoice is issued (before or after delivery of the performance). For intra-Community transactions, other rules apply, of course.
On the other hand, there are a lot of changes lined up in Luxembourg.
The eTVA platform that takes care of the presentation of the Luxembourg VAT declarations was replaced by the eCDF at the end of 2016, which is already responsible for the declaration of the financial statements. During 2016, VAT can be declared via eTVA and via eCDF. Only intra-Community declarations are obligatory via eTVA in 2016. As from 2017, the eCDF shall be the only accepted platform for all VAT returns and annual accounts.
In addition, the eCDF also announced changes for the declaration of the financial statements by 2016. Most companies will probably not be confronted by this until 2017.
At EASI we follow the changes closely and we will do the necessary in the course of 2016 so you can compose and submit the appropriate declarations.