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Value added tax return 2020

Topic: Sales tax return 2020

According to Lexware-Office, there is a sales tax liability of €126.40 and a deductible input tax of €332.97 for 2020 (year of establishment), resulting in a liability of -€206.57.

So far so good, I have entered everything in Elster, BUT: In January 2021, a sales tax pre-registration was carried out for December 2020 (reporting period). In this, I have €790 for line 35, €126.40 for line 36 (all taxable sales), and €55.14 deductible input tax for line 66, resulting in a sales tax prepayment/excess of €71.26 (line 83). No pre-registration was carried out for 2020.

Question: where do I enter the €71.26? Under line 168 "prepayment due"? I would then transmit €206.57 + €71.26 as a refund claim to the tax office. The €71.26 was paid to the tax office on January 10, 2021.
Is that correct, or am I thinking wrongly?

Steuerberater Knut Christiansen

Hello and thank you for using ask-a-pro.com!

Regarding your question, I would like to provide the following feedback.

In the sales tax return, you initially report all sales, resulting sales tax, and input tax, as you have done. This will then give you the amount to be paid or a credit, in your case. If you made an advance payment for December 2020, this will increase your credit. Your entry under "advance payment due" is therefore correct. You have interpreted this correctly. By the way, it is irrelevant for the sales tax return that the payment was made in 2021.

I hope this answers your question, if not, please feel free to reach out again.

Best regards,

Knut Christiansen
Tax advisor

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Steuerberater Knut Christiansen

Steuerberater Knut Christiansen

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