Changes have been made to the declaration and payment deadlines for VAT in tax legislation: Impact, Deadlines, and Stress

• Changes have been made to the declaration and payment deadlines for VAT in tax legislation
• The deadline for submitting VAT 2 has been extended to February 25, 2024
• There were issues with submitting the VAT declarations, but they were eventually resolved
• It is suggested that VAT should be declared through an automated system with the help of tax consultants
• Protective measures for VAT are appreciated by the Revenue Administration
• The stress level of VAT was calculated using the Gini coefficient
• Tax consultants are also under stress and protective measures for them are recommended
• It is hoped that efforts will be made to analyze the stress levels of taxes and ensure they serve their purpose

Source: alomaliye.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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