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VAT law changes effective Jan 1, 2020

Following changes have been approved by the Parliament on Dec 11, 2019 and are effective Jan 1, 2020:

  • Implementation of the “quick fixes”
  • Reduced 13% VAT rate for preparing and serving of meals and desserts inside and outside a catering facility
  • Cash accounting scheme threshold in case turnover (excl. VAT) has not exceeded HRK 7,5 million (currently, HRK 3 million), may remit VAT liability based only upon the collection of the consideration for supplies made.
  • Correction of the VAT liability in case of a tax base change when the taxpayer to whom the goods or services have been supplied does not have his registered office, place of residence or habitual abode and is not registered for VAT purposes in Croatia

Source Croatian Parliament