Make sure you charge the right VAT rate to avoid bad consequences ⚡️
The VAT rate is calculated on the price of the good or service and depends on the nature of that item, as set by the Royal Decree.
The standard rate is 21%. In particular cases you can apply a reduced VAT rate:
Please note that this article provides general guidance only. Tax rules may vary depending on your individual situation. When in doubt, ask your Tax Coach.
12%: e.g. catering, provision of social housing, margarine
6%: e.g. food, water, medicines, books, transport, etc.
0%: e.g. certain periodicals
For a deeper look at VAT for the self-employed, read our guide to managing VAT as a freelancer.
I'm franchised!
Then you don't need to charge VAT. This will be set to 0% by default on your invoices, as you indicated in your settings.
My client is not Belgian!
In that case, you don't need to charge VAT either. When creating your invoice, simply enter the applicable tax rate manually.
I'm in the construction business!
If you are under the reverse charge procedure (co-contractor) in the construction industry, make sure your items are marked as "services" and not as "goods", and select 0% VAT.
If you're not sure whether your client is exonerated, read how to check if your client is VAT-exonerated.
Need help? Chat with us or email support@accountable.eu, we're happy to help.