NovaTax's services
NovaTax offers a full range of accounting and tax services for the self-employed, liberal professions and SMEs in Brussels. Every engagement begins with a consultation carrying no obligation.
Who keeps your books and prepares your annual accounts?
Who is it for? The self-employed, liberal professions, SMEs and companies.
In brief — NovaTax handles your bookkeeping and the preparation of your annual accounts, in accordance with Belgian accounting law. You submit your documents, and the practice records the entries, tracks your deadlines and prepares your financial statements.
- Recording of purchases, sales and financial transactions
- Monitoring of customer and supplier accounts
- Preparation of annual accounts and, where applicable, filing with the National Bank of Belgium
- Periodic dashboard to keep track of your activity
How often should I submit my documents?+
The frequency is agreed together: monthly or quarterly depending on your VAT scheme and volume of activity.
Can I submit my documents digitally?+
Yes. NovaTax accepts digital documents, which makes exchanges and filing simpler.
How does NovaTax handle your VAT returns?
Who is it for? Any VAT-registered person, whether self-employed or a company.
In brief — NovaTax prepares and files your VAT returns (monthly or quarterly), along with the annual customer listing and, where required, intra-Community declarations. The practice ensures deadlines are met and that everything is consistent with your accounts.
- Periodic VAT returns (monthly or quarterly)
- Annual listing of VAT-registered customers
- Intra-Community statements for transactions within the EU
- Review of input VAT deduction rights
When must VAT be paid in Belgium?+
For a quarterly filer, the return and payment are in principle due by the 25th of the month following the quarter. For a monthly filer, they are due by the 25th of the following month.
Am I required to charge VAT?+
That depends on your activity and your scheme. NovaTax reviews your situation, including whether the exemption scheme for small businesses may apply.
Who completes your personal or corporate income tax returns?
Who is it for? The self-employed (personal income tax) and companies (corporate income tax).
In brief — NovaTax prepares and files your personal income tax (IPP) return if you are self-employed, or your corporate income tax (ISOC) return if you operate through a company. The practice identifies the deductible expenses and schemes that apply to your situation.
- Personal income tax (IPP) return for the self-employed and liberal professions
- Corporate income tax (ISOC) return for companies
- Consideration of business expenses and depreciation
- Tax estimate and planning of advance payments
What is the difference between personal and corporate income tax?+
Personal income tax (IPP) applies to natural persons (including the self-employed); corporate income tax (ISOC) applies to companies. The rate, deduction rules and obligations differ from case to case.
Are advance tax payments worthwhile?+
They help avoid a tax surcharge. NovaTax estimates a suitable amount based on your results.
How can you optimise your tax position within the law?
Who is it for? The self-employed and SME directors.
In brief — NovaTax advises you on structuring your business and your income in a tax-coherent way, in strict compliance with the law. The aim is to use the arrangements provided for by law, not to circumvent their spirit.
- Choice between operating as a natural person or a company
- Director's remuneration and the trade-offs involved
- Business expenses, depreciation and provisions
- Anticipating deadlines and tax cash-flow requirements
Is tax optimisation legal?+
Yes, when it relies on the arrangements provided for by law. NovaTax stays within this framework and rules out any abusive scheme.
Is switching to a company always advantageous?+
Not necessarily. The answer depends on your income, your plans and your situation; it is assessed on a case-by-case basis.
What should you do in the event of a tax audit?
Who is it for? The self-employed, liberal professions and companies undergoing an audit.
In brief — NovaTax supports you during a tax audit: preparing the documents requested, analysing the points raised by the authorities and helping you frame your responses. You are not alone in dealing with the tax administration.
- Preparation and organisation of the documents requested
- Analysis of the questions raised by the authorities
- Assistance with correspondence and drafting responses
- Follow-up until the case is closed
Should I respond to the authorities on my own?+
That is not advisable. NovaTax helps you understand the requests and respond in a structured, well-documented way.
How long should I keep my documents?+
As a general rule, accounting documents must be kept for several years. NovaTax will tell you the retention periods that apply to your situation.
How can you launch your business or set up your SRL/BV?
Who is it for? Start-ups, future self-employed workers and company founders.
In brief — NovaTax supports start-ups in launching their business: choosing the legal form (self-employed or a company, such as a private limited company (SRL/BV)), drawing up the required financial plan, and handling the first administrative obligations. The practice helps you get off to a solid start.
- Choice of the most suitable legal form
- Drawing up the financial plan (mandatory for a private limited company (SRL/BV))
- Registration formalities and VAT registration
- Management advice for your first decisions
Do I need an accountant to set up an SRL/BV?+
A financial plan is legally required to incorporate a private limited company (SRL/BV). An accounting professional helps you draw it up and make sound choices from the outset.
How much capital is needed for an SRL/BV?+
The private limited company (SRL/BV) no longer requires a statutory minimum capital, but it does require “sufficient initial equity” justified by the financial plan. NovaTax helps you calibrate it.
Have a specific need? Let's discuss it
Every situation is different. An initial consultation makes it possible to identify your needs and propose tailored support, set out in a quotation.