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Is there a solution available in Payables/Payments that covers the "Belgian withholding obligation"?

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Withholding obligation:

  1. There is a legal obligation in Belgium to pay 15% of the invoice amount (excluding VAT) to the public authority if the contractor or subcontractor has debts to the public authority. If the invoice amount (excluding VAT) is greater than or equal to 7143 EUR, then the instruction is slightly more complex.
  2. There is a legal obligation to pay 35% of the invoice amount (excluding VAT) to social security if the contractor or subcontractor has debts to social security.

The withholding obligation applies in the building and meat industry as well as guarding and/or surveillance sectors.

You must perform the check when you pay the invoice.

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