In the frame of the Coronavirus pandemic, the implementation of the activities of taxable persons is disrupted. The authorities and, more particularly the VAT Administration, have taken various measures to support businesses.
You will find below the main categories of measures adopted in the field of VAT.
1. Postponement of the deadlines for filing VAT returns
The VAT Authorities have postponed the filing dates for monthly and quarterly VAT returns, special VAT returns, the annual list of taxable customers and intra-Community listings.
2. Extension of payment deadlines and specific measures relating to VAT debts
The VAT Administration has also provided for a postponement of the deadlines for the payment of VAT due as a result of the filing of VAT returns but also a set of measures enabling taxable persons to overcome financial difficulties (cash flow, solvency, ...).
3. Measures linked to the VAT audits
For protecting its staff and those involved in VAT audits that are ongoing or planned in the coming weeks, the Authorities have taken various measures to allow remote VAT audits or postponement.
4. Other VAT measures
The VAT Authorities have taken various measures to ensure useful monitoring of obligations, whether they are related to a specific sector (alcohol trade, exports) or directly due to the context of the Covid-19 pandemic (for instance, right to deduct for donations maintained).
Tax Consult follows daily the news of the measures taken by the Tax Authorities and is regularly in contact with the VAT Authorities.
If you have any questions, please contact your key-manager or directly the VAT department to check which measure could apply or to receive advice that suits your situation.