Coronavirus: tax aid measures

Author: Peggy Criel (Legal Expert)
Read time: 2min
Publication date: 13/03/2020 - 13:58
Latest update: 13/03/2020 - 14:19

Companies experiencing difficulties as a result of the spread of the coronavirus can apply for aid measures from the FPS Finance. With regard to withholding tax, the employer may benefit from payment facilities, exemption from interest on arrears and/or remission of fines for non-payment.

Which companies? 

They must be natural or legal persons with a company number (CBE):

  • irrespective of the activity sector;
  • actually experiencing difficulties as a result of the spread of the coronavirus;
  • and which as a result are experiencing financial difficulties and can demonstrate this (e.g. a decrease in turnover).

The aid measures cannot be granted to companies which, independently of the coronavirus, have structural payment difficulties.

Which debts?

Debts relating to withholding tax, VAT, personal income tax, corporate income tax and legal entities are eligible.

Which measures?

The FPS Finance may authorise the following measures:

  • a repayment plan;
  • an exemption from interest on arrears;
  • a remission of fines for non-payment.

What are the conditions?

The company must comply with the conditions for submitting the declaration (see below). The company's debts may not be the result of fraud.

Failure to comply with the authorised repayment plan or the commencement of collective insolvency proceedings (bankruptcy, judicial reorganisation) will result in the withdrawal of the aid.

Procedure

A company that wants to benefit from these measures must submit an application for each debt, by email or by letter upon the receipt of each tax demand or VAT related payment notice and no later than 30 June 2020.

The application is made by means of a specific form that is available on the website of the FPS Finance and must be submitted to the competent Regional Collection Agency (RCA) on the basis of the postal code of the place of residence (natural person) or the registered office (legal entity).

The administration will answer within a term of 30 days after submission of the application.

More information regarding the impact of the coronavirus?

Please refer to our infoflashes  of  10 March 2020 and 12 March 2020

 

Source: Notice of the FPS Finance, Aid measures in relation to the coronavirus (COVID-19).

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