VAT Reform and Impact on the Art Sector

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As part of the Summer Agreement, the federal government has approved the reduction of the VAT rate on works of art to 6%.

 

This adjustment was urgently needed. Due to EU regulations, the scope of the margin scheme had to be reduced as of January 1, 2025, forcing art dealers to apply the standard VAT rate (21% in Belgium) to the full sales price more frequently.

 

The newly approved VAT reduction provides essential support to artists and the broader ecosystem in which they work. It also brings Belgium in line with the VAT rates introduced earlier this year in neighbouring countries. ​

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We want to assure you that, for the time being, the current VAT regulations for galleries remain unchanged until new legislation comes into force.. This means that you can continue to apply your standard VAT regime as usual. No changes will be implemented until further notice.​

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Belgium is the 11th largest art market in the world. Let’s protect this position so that artists and galleries can continue their work — promoting, exploring, and sharing Belgian culture both at home and abroad.​

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