VAT Alert (12/09/2013) - 2

New addendum on the VAT deduction for business assets that are also used privately

On 12 September 2013, the Belgian VAT Administration published a new ‘addendum’ on the VAT recovery limitation rules for business assets which are (also) used for private purposes (Decision ET 119.650/4 dd. 9 September 2013). This includes the VAT rules applicable to company cars put at the disposal of employees by companies; the company cars can also be used by employees for private purposes.

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New addendum on the VAT deduction for business assets that are also used privately