Home » Business » Open Vld’s Proposal to Extend and Permanently Keep VAT at 6 Percent for Housing Construction: Updates on Budget Negotiations

Open Vld’s Proposal to Extend and Permanently Keep VAT at 6 Percent for Housing Construction: Updates on Budget Negotiations

The 6 percent scheme expires at the end of this year, but an extension is on the table this weekend during the federal budget negotiations.

Open Vld now wants to keep VAT permanently at 6 percent, says chairman Tom Ongena. “I think that many young families and other people who want to build their own home today notice that it is becoming very expensive,” he tells VTM News. “We want to give everyone the opportunity to continue to do that.”

How the measure will be paid for is part of the budget discussions. “We have put it on the table and it will be calculated. But I think it is a very important measure for families, for the construction sector and our climate,” says Ongena.

Prime Minister De Croo’s policy statement is scheduled for October 10. Then we will know more.

2023-09-30 17:46:47
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