December advance is abolished
09 December 2021
In the past, quarterly and monthly declarants had to pay a so-called 'December advance' for VAT, by 24 December of each year at the latest. The amount to be paid was determined according to the amount to be paid over the third quarter (quarterly declarants)/month of November (monthly declarants), or on the basis of the transactions over the period 1 October - 20 December (quarterly declarant), 1 December - 20 December (monthly declarant).
This December advance for VAT will be definitively abolished as from December 2021 (in 2020, this was a one-off tolerance in view of COVID-19). Consequently, it is no longer necessary to make an additional payment before 24 December 2021.