1. Belgium Raised Quarterly VAT Return Thresholds
(Bristol, UK) - 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).
For more information about international expansion services or to learn more about our international
tax consulting team please contact us.
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About Nair & Co.
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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