Belgium’s Federal Public Service Finance (FPS Finance) has announced that the next phase of the country’s VAT-chain modernization will begin on 1 May 2026, when the existing VAT current account will be replaced by a VAT provision account. The reform forms part of the broader VAT-chain modernization project that entered into force on 1 January 2025. FPS Finance has also confirmed that the monthly VAT return for April 2026 and the periodic return for the second quarter of 2026 will be the first…