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Belgium Extends Temporary VAT Rate Cut on Electricity

|Approved Changes|Belgium
Belgium

Belgium's Federal Public Service (SPF) Finance has announced the extension of the reduced VAT rate of 6% on electricity (residential customers) until 31 December 2022. The reduction in the rate from 21% was previously provided from 1 March 2022. The extension was provided by the Royal Decree of 27 June 2022, which also includes certain clarification regarding the reduced VAT rate of 6% on supplies of natural gas and heat to residential customers, installation of heat pumps, etc., although n…

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