Belgium Raised Quarterly VAT Return Thresholds

SUNNYVALE, Calif. - Feb. 23, 2014 - PRLog -- Effective 1 January 2014, the Belgian tax administration established new thresholds for filing quarterly VAT (Value Added Tax) returns.

As per the new thresholds, annual revenue of the company should not be more than EUR 2.5 million (previously EUR 1 million). For companies trading in mineral oils, land vehicles, mobile telephones and computers as well as their peripherals, accessories and components, the amount of annual turnover is set at no more than EUR 250,000 (previously EUR 200,000).

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Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of your international operations. Our model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost. We support nearly 250 clients in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the US. Learn more at www.nair-co.com

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