The margin scheme for the self-employed in the travel industry

Entrepreneurs are increasingly organizing excursions or day trips. In this context, it is important to have a clear understanding of VAT regulations, including the ‘margin scheme’. This scheme offers various tax benefits for the self-employed in the travel industry. In this article, we discuss what the margin scheme entails, how it works, and what aspects […]

When can I reclaim a vAT credit?

Does your vAT declaration show that you have a VAT balance in your favour? In other words, you have more recoverable VAT on your purchases than there is payable VAT on your income? Either you transfer that credit to the next vAT declaration and can then offset it against any VAT payable from the next […]

Is a VAT advance still required?

Fortunately, that is a while behind us! Because since 1 April 2017, it is no longer required to pay VAT advances to the VAT administration. A VAT advance before April 2017? Everyone subject to VAT who filed quarterly returns had to pay a VAT advance to the VAT administration by the 20th of the second and third […]

A renovation at 6% vAT

If you are a contractor carrying out work on a property, under certain conditions you will only have to charge 6% vAT % to the end customer. But beware, because since 1 July 2022, the rules of the game have been edited. Which renovation works? There are three conditions that must be met simultaneously before […]

Top 5 mistakes in your VAT declarations

You can perfectly do the VAT declaration yourself, but watch out for common mistakes! Dexxter reduces the chance of mistakes, but mistakes can always creep in. Fortunately, these mistakes are easy to avoid; below we give you the top 5 most common mistakes in VAT declarations: 1) VAT recovered on taxes & miscellaneous contributions Think […]

Deduct VAT on an expense while your vAT declaration is already filed?

You have only now found a purchase invoice from a while back due to circumstances. Let us take as an example that you found an invoice from your supplier on 10 May, but that invoice has an invoice date of 15 February, some time back. VAT deduction? Meanwhile, you have obviously filed the vAT declaration […]

From exempted from VAT to subject to VAT

If you are a sole proprietor in Belgium, it is possible that you start as a company not subject to VAT. But what happens if you suddenly exceed the €25,000 turnover threshold per year and become subject to VAT? This article will help you understand what this means and what you need to do to […]

IC declaration (intra-Community declaration): everything you need to know

Welcome to Dexxter! Are you a Belgian entrepreneur with a sole proprietorship? Then you’ve come to the right place. In the world of import and export, the term “IC declaration” can often cause confusion. In this article, we’ll take a closer look at the intra-Community declaration and everything you need to know about this topic. […]

A mixed subject to VAT, what is it?

In this blog, we dive into the complex world of a mixed subject to VAT. We explain what it means, give examples and show how to calculate the deduction of a mixed VAT subject to VAT based on actual use as a Belgian sole proprietor. Read on to understand this tax rule. 🤓 What is […]

Intra-Community supply and acquisition, what does it mean?

Intra-Community supply is an important draft within the European Union (EU) that allows companies to sell goods to other EU member states. It is important for companies subject to VAT that trade inside the EU to have a good understanding of this draft in order to take advantage of the benefits it offers. In this […]