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Advance payment - Business submitting montly VAT refund

Businesses submitting monthly VAT returns in Belgium should, in principle, pay an advance on the VAT due for the December operations, which corresponds to the amount of VAT effectively due on the operations taking place between December 1st and December 20th. This VAT advance does not have to be paid in every case.

The alternative in that matter can be described as follows:

  • Your company uses the flat fee method → you do not write anything in box 91 and you pay an advance corresponding to the amount indicated in box 71 from the November VAT return before December 24th at the latest. If box 72 of the November VAT return is not empty (credit in your favour), it is clear that you should choose the flat fee method and not pay any advance. In that case, nothing has to be written in box 91 (not even € 0,00).
  • Your company uses the BALOCCHI method based on the real sales figures for the period between December 1st and December 20th    → You fill in the amount in box 91 (€ 0,00 if no advance is due or the amount to be paid) and pay this amount if any as a deposit  before December 24th at the latest.

The comparative chart here under should help you decide which method is the most suitable for your company.

Advance payment - Business submitting quarterly VAT returns

As from 01/04/2017, businesses submitting quarterly VAT returns in Belgium should, in principle, pay an advance on the VAT due for the Q4 operations, which corresponds to the amount of VAT effectively due on the operations taking place between October 1st and December 20th. This VAT advance does not have to be paid in every case.

The alternative in that matter can be described as follows:

  • Your company uses the flat fee method → you do not write anything in box 91 and you pay an advance corresponding to the amount indicated in box 71 from the Q3 VAT return before December 24th at the latest. If box 72 of the Q3 VAT return is not empty (credit in your favour), it is clear that you should choose the flat fee method and not pay any advance. In that case, nothing has to be written in box 91 (not even € 0,00).
  • Your company uses the BALOCCHI method based on the real sales figures for the period between October1st and December 20th    → You fill in the amount in box 91 (€ 0,00 if no advance is due or the amount to be paid) and pay this amount if any as a deposit  before December 24th at the latest.

The comparative chart here under should help you decide which method is the most suitable for your company.