VAT chain: new phase starting from 1 May 2026
Since 1 January 2025, the FPS Finance has been actively implementing a digitisation project aimed at: “Providing more flexibility, clarity, and simplification to all stakeholders and encouraging compliant behaviour.”
Read more: Act of 23 March 2023 on the modernisation of the VAT chain and the collection of tax and non-tax debts within the FPS Finance
For VAT liable companies, a new phase will begin on 1 May 2026.
What will change for VAT liable companies?
Starting from 1 May 2026, VAT liable companies will experience the following changes:
- The current account will be replaced by the VAT provision account
- The holiday scheme will be abolished
- New account numbers for VAT payments (new numbers are not yet available)
- New rules for reclaiming a credit
What does Securex do for you?
We will continue to monitor this development and will inform you when new updates are announced.
Source
Read more: VAT provision account replaces current account from 1 May 2026 | FPS Finance
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