Source Ayming
Unofficial translation
VAT and covid-19: no deferral of declaration and payment in France
However, in the event that the company is unable to gather all the documents useful for establishing its VAT declaration (normal real regime) in the current context of containment, a declaration system based on a assessment of tax due is implemented.
The company can thus:
- as provided for by Bofip during the holiday period, make a simple estimate of the amount of VAT due for one month and pay the next month a deposit corresponding to this amount. The tolerated margin of error is 20%.
- for the only companies which have experienced a drop in their turnover linked to the Covid-19 crisis, exceptionally and for the duration of the confinement decided by the authorities, pay a lump sum VAT payment for the April declaration for March as follows:
- by default, forfeit to 80% of the amount declared in respect of February or, if the company has already made use of a deposit the previous month, forfeit to 80% of the amount declared in respect of January;
- if the activity has been stopped since mid-March (total closure) or in a very sharp decline (estimated at 50% or more), fixed price at 50% of the amount declared in respect of February or, if the company has already resorted to a down payment the previous month, fixed price at 50% of the amount declared for January.
When paying the deposit for a month, the amount must be mentioned online 5B “Amounts to be added, including holiday deposit” in the gross VAT frame and the “Express mention” frame must be completed keywords “Covid-19 deposit” and the plan used, for example: “80% plan for month M”.
According to the indications given by the administration, this exceptional measure can only be renewed for the month of April if “the confinement period is extended and makes it impossible to declare regularization on this date”.
Regularization:
Unless the confinement period is extended, regularization must take place in May in the declaration subscribed for the month of April. The regularization declaration must include the total of the actual elements for the month of April and the previous month (s) in respect of which the tax was declared in the form of a deposit (March and, if applicable, February). The total amount of deposits paid for the previous months is shown on line “2C” in the “Deductible VAT” frame.
