Did you know that the Belgian tax authorities take up to two years to process company tax returns? So they encourage businesses to pay their corporate income tax in advance. Reap the rewards of this by paying your tax in the year that you earn your income, and so avoiding a tax surcharge.
The pre-payments can be made at the latest on four preset dates each year:
- 10 April
- 10 July
- 10 October
- 20 December
Because the benefits of pre-payment are greater the earlier in the year they are made, the best thing is to pay the entire amount of the pre-payment before 10 April.