The May 2026 Global VAT Guide compiles key VAT developments across 12 jurisdictions, highlighting new compliance requirements such as Belgium’s bank account change, Poland’s updated JPK_VAT guidance, and Bulgaria’s removal of the reverse charge clause for goods with installation. It also notes updates to Germany’s Form USt 1 TN and the launch of Belgium’s SME ePortal for quarterly returns. The guide serves as a concise reference for businesses to stay compliant with upcoming regulatory changes.
The VATfaqs digest
Global VAT news, delivered Tuesday and Thursday. Free, curated from 50+ official sources, no spam.
No spam · Unsubscribe any time
Fintua · 20 days ago
The article outlines practical lessons for businesses preparing for e‑invoicing mandates across Europe, highlighting the Belgian experience with the Peppol network, Poland’s KSeF system, and the importance of early stakeholder alignment, data quality, and automation. It stresses that compliance deadlines are tight, with Belgium’s mandate taking effect in December 2025 and a March 2026 compliance check revealing 17 % non‑compliance.
Shared Services Link · 25 days ago
Belgium has increased its VAT registration threshold from €25,000 to €30,000, effective 1 January 2026. The e‑invoicing mandate that requires all VAT‑registered businesses to issue and receive structured electronic invoices via the Peppol network remains unchanged, but businesses below the new threshold will be exempt. The change is expected to have a limited impact on the overall e‑invoicing rollout.
VatCalc · about 1 month ago
Belgium has increased the annual turnover threshold for its domestic VAT exemption regime from €25,000 to €30,000, pending parliamentary approval. Businesses below the new €30,000 limit may still register voluntarily, while those exceeding it must register and comply with VAT obligations. The exemption still prevents input VAT recovery and removes periodic return filing.
BTW Jurisprudentie · about 2 months ago
The Belgian Court of Appeal ruled that the 2000 amendment removing the explicit VAT exemption for travel agencies providing services outside the EU does not alter the tax status of those services. The court confirmed that, under the EU standstill provision, services remain taxable even without an explicit national deviation. Travel agencies must therefore account for Belgian VAT on services such as hotels and flights for trips outside the EU.
Fintua · about 2 months ago
The Fintua blog post discusses OECD's latest updates on indirect tax, highlighting the shift toward real‑time, data‑driven administration, e‑invoicing, and digital reporting across jurisdictions. It covers the rollout of e‑invoicing and B2C digital services in EU countries, the UAE's expansion to non‑resident entities, and the development of the DCTR toolkit. The article emphasizes collaboration between businesses and tax authorities and the role of AI in tax compliance.
Deloitte Belgium · 2 months ago
Belgium’s VAT chain reform introduces a new VAT provision account effective 1 May 2026, replacing the current account and changing account numbers. The summer regime for late filing will be abolished, and taxpayers can request historic VAT credits via MyMinfin. Key dates are 30 April 2026 for return submission and 1 May 2026 for the new account and credit transfer.
Reach finance leaders who read VAT news.
Put your brand alongside trusted tax-tech intelligence across 150+ countries.
Key Takeaways
From 1 May 2026, all periodic VAT payments in Belgium must be made to the new bank account IBAN BE41 6792 0036 4210 BIC GEBABEBB.
The ePortal for submitting quarterly VAT returns under Belgium’s SME scheme went live on 1 April 2026.
Effective 1 January 2026, Bulgaria removed the explicit reverse charge clause for goods supplied with installation, meaning EU traders may need local registration and cannot rely on the EU VAT refund procedure.
On 23 April 2026, Germany updated Form USt 1 TN by removing the official seal field and the statement that the letter is automatically valid without a signature; the updated form must be used thereafter.
Polish taxpayers must use BFK for foreign invoices, DI when no invoice is issued, OFF when a KSeF number is unavailable, and NrKSeF to report the KSeF number once assigned.
Primary source
Read the full article at FintuaThis summary was published on VATfaqs.com on 9 May 2026. It relates to VAT developments in Belgium. The original source is Fintua.
