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New VAT Declaration Feature Simplifies Filing for Businesses with No Activity

  • The National Revenue Agency introduced new functionality in their electronic VAT declaration service based on suggestions from accounting organizations to save time and simplify monthly obligations for companies
  • The new feature allows businesses with no commercial activity to simply specify the period when they have nothing to declare instead of generating and submitting empty files
  • Users can now fill in the period and the revenue agency automatically generates the declaration with zero values along with sales and purchase journals that only need to be signed and submitted
  • Information about the new functionality can be obtained by calling the revenue agency at 0700 18 700 or 02/9859 6801 according to operator tariffs

Source: facebook.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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