The new regulation concerning the exigibility of VAT has caused disquiet. Despite all preparations, this regulation, imported in the law of December 17th 2012, has not been applied yet. Complexity, uncertainty and major changes to the accounting software caused much resentment.

Because of the many objections, the Cabinet decided to turn back the new regulation and revise and improve the previous exigibility rules, without having to make major adjustments to the accounting software, unlike the settlement of 2012. It is expected that the revised regulation, after adoption of the draft, will apply from January 1st 2016.

In the revised regulation the exigibility of VAT for a B2B relationship is determined by the date on the invoice. This applies to all invoices, including provision notes. If there is no invoice, the fifteenth of the month following the delivery or service performance will be used as date of exigibility.

In a B2C relationship, the situation remains unchanged; VAT remains due on the date of collection, no matter the invoice date. When it concerns a B2G relationship in the revised regulation the VAT only has to be paid after the government agency has paid. As a result, companies do not have to finance the VAT.

CICERO supports both the old and the new situation. For our customers, these developments will therefore have little or no impact. In the short term, more concrete information will be announced. We will keep you informed.

We now have more than 60 video tutorials online, so you can use Cicero LawPack within your organization even better. From now on you will find all tutorials, categorized by application, on a single page:

Each tutorial now has its own page, where you can also find an index of the movie and read along or download the text. You will also find links to related topics and you can easily mail the movie and share it on social media. If necessary, you also have the ability to contact our helpdesk directly.

Take a look and take advantage of the new features of CICERO LawPack.

September, 2015

September, 2015

CICERO LawPack V10, the software solution for law firms, is now available integrated with Companyweb. This makes it possible to retrieve company information of all your relations in CICERO real time, based on VAT number. You will get access to credit, payment capacity, survival, profitability and stability of the organization. And all of this in one mouse click.

How does it work?
On the relation index card of an existing relation you go to the tab Company.

At the bottom left you click the button ‘Request Companyweb. Then the basic information will be loaded directly onto the index card. You will also receive a visual display of the credit score. Do you want to see more details of the company? Then click ‘Report’ or ‘Details’ to be forwarded to the relevant information on Companyweb.

When adding a new relation using the wizard functionality you can also directly request the relevant data of Companyweb, based on VAT number (step 2, see image below). Also the statutory (address) data will be loaded into CICERO, so you do not have to enter it manually at step 3.

Do you want to see more details of the company? Then click ‘Report’ or ‘Details’ to be forwarded to the relevant information of Companyweb.

Companyweb
Companyweb is specialist in the field of financial and legal company information for Belgian companies. As the official supplier of the Institute of Company Auditors (IBR), the Institute of Accountants and Tax Consultants (IAB) and Professional Institute of Licensed Accountants and Tax Experts (BIBF) Companyweb provides the most recent and accurate business information.

CICERO LawPack
For over 30 years CICERO LawPack is specialized in software for lawyers. Partly because of a very personal approach, continual improvement and the development of new applications that make your work easier and more efficient. Every day more than 3000 lawyers and jurists use CICERO LawPack for the digital management of their files.