- Deferral of tax payments (extend payment date) & deferral of prepayments Wage withholding taX
February
13 May 2020
March
15 June 2020
April
15 July 2020
Quarterly return
15 June 2020
Flexibility on recording a bad debt reserve
Flexibility on the application of the grandfathering clause under the new interest limitation rule
Tax audits postponed
Period to incur expenses for tax shelter postponed
VAT
Filing deadline extended
Reduced 6% VAT (instead of 21%) on the supply, intra-community acquisition and import of
certain face masks, hydro alcoholic gels
Accelerated VAT Refund for VAT return relating to February 2020
Tax audits postponed
Deferral of tax payments (extend payment date)
VAT
February
20 May 2020
March
20 June 2020
April
20 July 2020
Quarterly return
20 June 2020
Employment
Easier access to regimes of temporary unemployment
Deferral of social elections
Teleworking obligatory for all non-essential undertakings
International measures for certain employees living cross-border and working at home
Other: Compensation for mandatory closure of businesses.
Flemish Government
a lump-sum compensation of EUR 4,000
businesses that can remain open on weekdays a compensation of EUR 2,000
A compensation of EUR 3,000 is also foreseen for businesses that do not need to close but
that can demonstrate that the turnover has decreased with at least 60% between 15 March
2020 and 30 April 2020 compared to the same period in the previous year
Walloon Government
The Walloon government foresees a lump-sum indemnity of EUR 5,000 for certain businesses
that have to close and
EUR 2,500 for certain businesses that have to change their opening hours.
If you have any questions regarding this or any of the other initiatives offered to those affected by
the current disruption, please contact Wim Wilssens at wim.wilssens@chbelgium.be.