Table of contents
Tax rates
In Belgium, there are four tax rates (VAT):
- 21% standard
- 12% for food served in restaurants
- 6% for basic goods
- 0% for example, for postal services
VAT paid on expenses by employees and reimbursed by the employer, cannot always be reclaimed by the Belgian tax authorities.
Typically, for entertainment expenses (restaurant expenses with a client for example), gifts, and laundry expenses, the VAT cannot be reclaimed. VAT on expenses related to a professional vehicle (leasing a car) can only be 50% reclaimed.
It happens frequently that multiple tax rates are applied on one receipt. In order to correctly book the VAT in the accounting, these expenses need to be split in Rydoo.