Advance payments 2019

The conditions applicable to ‘Advance payments’ have recently been adapted by the Royal Decree of 21 November 2018.

This change is part of the increasing digitization of the services of the FPS Finance.

The advance payments for assessment year 2020 (income year 2019) will need to be transferred, both for companies and individuals, to a new bank account number of the Collection Centre – Service Advance Payments: BE61 6792 0022 9117.

Remark

A special transitional measure is applied for companies whose financial year does not correspond with the calendar year and of which the remaining expiry dates for assessment year 2019 (income year 2018) are later than 31 December 2018. The amounts of the advance payments of these companies transferred after 31 December 2018, but within the framework of assessment year 2019, can still be transferred to the former bank account number of the Service Advance Payments.

As from assessment year 2020 (income year 2019) tax payers, who want to make advance payments, are obliged to use the structured communication electronically at their disposal via the MyMinfin platform.

Tax payers that have made advance payments, have the possibility to request a repayment or a (whole or partial) transfer of the advance payments.
These applications can be submitted electronically via the MyMinfin platform as from 1 March 2019. Only in exceptional cases these applications can be filed by post to the Collection Centre - Service Advance Payments.

On the other hand, the application of adaptation of the repayment or the transfer of the advance payments should be filed at the latest on the last day of the third month following the taxable period. The tax payers whose taxable period ends on 31 December of the calendar year can file their application until 31 March of the following year.

Through the electronic platform MyMinfin the fiscal administration provides an overview of the advance payments for the current and the three previous taxable periods to each tax payer for whose account advance payments have been registered.

This electronic consultation replaces paper correspondence and is applicable from 1 March 2019.

If you wish to know more about this topic, please contact Michel Beyaert, Tax Partner.