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COVID-19: VAT returns for specific taxable persons are switched from quarterly to monthly

New VAT measures:

  • Change of the duration of the VAT returns;
  • Change of the deadline for submission of the relevant VAT returns to the 27th day following the end of each reporting period;
  • Partial VAT has payment for some businesses, by enabling them to only discharge 30% of the total VAT due as at the date of submission of each VAT return (i.e. 30% of the VAT due as per the current VAT return + 30% of the VAT due referring to previous VAT returns).

Source Kinanis

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