VAT chain: new account number from 1 May 2026!

New account number

Any VAT payment made from 1 May 2026 onwards must be paid to the new account number: BE41 6792 0036 4210.

This means that VAT advance payments for Q2 2026, the VAT payable amount from the April 2026 VAT return and from Q2 2026, etc., must be paid to the new account number from 1 May 2026 onwards.

It is therefore important to update scheduled payment orders and bank templates in good time.

VAT provision account

The FPS Finance is abolishing the VAT current account. It will be replaced by a new VAT provision account.

If all mandatory VAT returns have been filed by 30 April 2026, any balance on the current account will be transferred to the provision account.

If there are still outstanding VAT returns, credits will either be refunded to the company’s bank account number or used to settle other outstanding debts.

VAT refund

From 1 May 2026, a VAT credit resulting from the VAT return can only be requested as a refund via that VAT return itself. In that case, you must explicitly request the refund in the return.

If you do not do so, the VAT credit will be placed on the provision account. These credits can be used to cover future VAT liabilities. If you still want the credit to be refunded, this will only be possible via a separate refund request through MyMinFin.

Important: Is there currently a VAT credit on the current account that will likely not be offset against an amount payable in the near future? If so, we recommend requesting a refund of the credit via the March 2026 VAT return / Q1 2026. This prevents it from being transferred to the provision account and avoids having to submit a separate refund request. A refund via MyMinFin may be accompanied by a VAT audit.

VAT return filing deadlines

Monthly filers must submit their VAT returns by the 20th day of the month following the return period. If that day falls on a weekend or public holiday, the filing deadline is extended to the next working day.

Quarterly filers must submit their VAT returns by the 25th day of the month following the return period. No extension is possible if that day falls on a weekend or public holiday.

The summer scheme, under which businesses had extra time to file their VAT return during the summer months, is also being abolished. However, the FPS Finance has confirmed that it will still allow the use of the summer scheme this year as a transitional measure. As a result, no fines will be imposed if you:

• file the VAT return for June 2026 / Q2 2026 by 10 August 2026, and;
• file the VAT return for July 2026 by 10 September 2026.

Important: If you apply the summer scheme this year, your VAT return will in principle be filed late. In the event of late filing, the tax authorities may apply an extended limitation period of four years. For that reason, we strongly recommend not using the summer scheme as from this year.

In summary

Make sure that all VAT payments made from 1 May 2026 onwards are paid to the new account number.

If there is still a VAT credit on the current account, it is best to check whether you want to have the VAT credit refunded or transfer it to the provision account.

The VAT filing deadlines are also being (slightly) adjusted again.

Our PKF BOFIDI experts are here to help

Is anything still unclear or do you have any questions? Don’t hesitate to contact us. We are here to help.

This article was written by Chiara Saenen.