While it became an habit for the Tax Authorities to grant an extension for the filing of VAT returns and intra community sales listing due during the summer months, 2022 brings an additional (short) extension for the filing of the September and third quarter returns. These extended due dates however do not exempt the tax payers from any formalities for the extended period and should be considered carefully. Explanations.
It is well known from the enterprises and individuals subject to VAT that the due date for the introduction of the VAT return and intra community sales listing related to the past month/quarter is set to the 20th of the subsequent month.
However, extended due dates are tolerated by the tax authorities for the returns to be filed in view of the operations made during the months of June, July and September as well as the second and third quarters of 2022. While a delay is granted for filing, payable amounts still have to reach the Tax Authorities according to the usual due dates.
Extended due date for the filing of the VAT returns and intra community sales listing:
Although the possibility to file the aforementioned VAT returns and intra community sales listing according to the administrative tolerance seems attractive, additional due dates are to be considered in case a refund should be asked. Indeed, the tax authorities exclude the possibility to request a VAT credit refund in case the related VAT returns should be later than the dates mentioned below.
Due date for filing in order to be eligible for a VAT refund:
The extended due dates tolerated by the Tax Authorities for the filing of the aforementioned returns are of course to be taken into consideration in view of the application of potential fines for late filing. It is nevertheless important to ensure the timely payment and the strict respect of the ultimate due date for filing in case a refund should be requested.
In case of any questions with regard to the above, do not hesitate to contact someone of your PwC engagement team.
