General

For specific activities, such as construction and real estate projects, clients and contractors in Belgium are obliged to check possible social and fiscal debts of their (sub-)contractors. If there is a debt, the client has to retain a given percentage from the invoice and deposit it to the relevant institutions, respectively RSZ and FOD Financiën. As an accountable client, you should be well aware of this withholding obligation and perform the audit consequently.

Benefits

The BSF Inhoudingsplicht extension takes away the hassle of this unpleasant administration. The add-on automatically checks your (sub-)contractor and in case of an open debt, transfers the amount due to the social security or the federal tax institutions.

Solution

So, don’t get sewed by RSZ and FOD Financiën and make sure you comply to your withholding obligations by using BSF Inhoudsplicht.

Supported Editions

This app supports the Essentials and Premium Editions of Microsoft Dynamics 365 Business Central

Supported Countries

Belgium

Supported Languages

Dutch, French and English

Withholding Obligation

by VanRoey