FISCAL SOLUTIONS...
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Public Belgium Author: Tara Nedeljković
Let's With the introduction of GKS 2.0 to Belgium, several significant changes will be implemented to upgrade the tax control mechanisms as well. The introduction of advanced online control systems is expected to increase tax compliance significantly. Additionally, online tax controls will be possible without a tax inspector visiting the establishment. If establishments inside the fiscalization scope fail to upgrade to the new GKS 2.0 on time, several penalties may be imposed. Let's find out which one!
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Fiscal subject related

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Content accuracy validation date: 17.09.2024
Content accuracy validation time: 08:05h

These can include:

  • Fines: Establishments may face monetary fines if their cash register systems do not comply with the new regulations.
  • Increased and faster tax inspection processes: Businesses may be subjected to more intensive and frequent inspections by the relevant authorities to check compliance with GKS 2.0. The inspections could be started based on the data gathered on the TA side (saved in the FPS Finance cloud service) and not only based on field-gathered data.
  • Operational Restrictions: Establishments might face restrictions that could impact daily business operations, such as limits on transactions or mandatory shutdowns of their cash register systems.

To avoid these penalties, it is important for establishments to transition to GKS 2.0 in a timely manner, following the set timeframe for transition, and ensure that their systems meet all the requirements set in legal and technical regulations. 

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