The taxable person shall make any adjustments and corrections for the calendar year in the VAT return submitted for the last taxation period of the calendar year.
- If errors are identified in the VAT returns for certain taxation periods within the deadline for submitting the VAT return for the last taxation period of the calendar year (20.01.2023), the correction is made in the VAT return for the last taxation period of the calendar year, and not through the correction of the return for a certain taxation period.
- If differences related to that year are determined after the deadline for submitting the VAT return for the last taxation period of the calendar year expires, the correction will be carried out in the taxation period in which the differences are determined, and not by correcting the VAT return for the last taxation period of the calendar year.
- If the tax liability is subsequently reduced or increased due to a reduction or increase in the taxable amount (subsequent discounts or uncollectibility), after the end of the year, but within the deadline for submitting the VAT return for the last taxation period of the calendar year, these changes are reported in the period in which the conditions for reducing or increasing the tax liability have been met, and not in the VAT return for the last taxation period of the calendar year.
Cumulative data from the VAT returns for individual months are not entered in the VAT return for the last taxation period of the calendar year. Only data related to the last taxation period, i.e. December or the last quarter, and data related to adjustments and corrections for that year are entered.
Note: Taxpayers whose business year differs from the calendar year should also make all adjustments and corrections in the VAT return for the last taxation period of the calendar year, regardless of this.
