01.04.22
Further intentions to implement mandatory B2B e-invoicing
We recently published an update relating to Belgium’s intention to mandate B2B e-invoicing- and it looks like this is increasingly gaining more impetus. The Belgian Minister of Finance has reinforced Belgium’s intention to make e-invoicing mandatory in his policy note. This intention is mainly triggered by the need to reduce the VAT gap. Belgium’s VAT gap is high- amounting to 3.6 billion Euros, or 10.4% of the total VAT revenue, and mandatory e-invoicing is seen as a means to overcome this deficit.
This is still at early stages- no timeframes have yet been announced, and there are not yet any suggested working models for a potential e-invoicing mandate. However, it is difficult to ignore the increasing popularity of PEPPOL in Belgium in recent years- and so it seems likely that Belgium will rely on a similar model for its own e-invoicing mandate, drawing on its own experiences with PEPPOL to help build an e-invoicing model.
The full policy note can be found here.
Browse Belgium updates
Potential 22% rate
- VAT/G(S)ST rate information
Joint incentive to reduce the VAT gap
- Mandate information
Mandatory B2G e-invoicing
- Mandate information
Scope of B2G e-invoicing expanded
- Mandate information
Reduced VAT rate for electricity
- VAT/G(S)ST rate information
Reporting obligations for digital platform operators – FAQs published
- Mandate information
Covid VAT reductions for mouth masks and hydroalcoholic gels
- VAT/G(S)ST rate information
Draft Royal Decree on B2G e-invoicing
- Mandate information
Further intentions to implement mandatory B2B e-invoicing
- Mandate information
Advancements in the B2G landscape
- Mandate information
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