VATupdate

New VAT notification and SAF-T

From 1 January 2022, a new and more detailed VAT return will be introduced. The notification is based on the 31 VAT codes in SAF-T’s accounts, and the number of items thus increases from 19 to 31. The main purpose of the new VAT notification is to simplify the transfer of information from the accounting system to the tax authorities.

Source BDO

For more newsitems on VAT & SAF-T reporting in Norway, click HERE

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