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Survey on Suspension of Monthly VAT Prepayment Obligation for New Businesses: Impact Evaluation by BZSt

  • The Federal Central Tax Office (BZSt) conducted a survey on the suspension of the obligation to submit monthly VAT pre-registration in cases of new businesses
  • The obligation to submit monthly VAT pre-registrations for newly founded companies was suspended for six years starting from January 1, 2021
  • The suspension aims to support entrepreneurs and reduce bureaucratic burdens
  • The BZSt, in collaboration with the Federal Ministry of Finance, is evaluating the impact of the suspension on new businesses
  • The survey includes questions on the experiences of tax advisors and will focus on the tax periods of 2022 and 2023
  • Participation in the survey is possible until May 15, 2024
  • For more information and to participate in the survey, visit the BZSt website or contact [email protected]

Source: datenbank.nwb.de

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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