What deadlines do I have to consider for the input tax declaration?
May 26, 2023 | 30,00 EUR | answered by Roberta Schlattmann
Dear tax advisor,
my name is Franceska Heuser and I run a small online trading company. In the past, I have regularly submitted input tax declarations, but I have now noticed that I have not always met the deadlines. As a result, I have already received reminders and fines, which is very concerning to me.
I am facing the challenge of correctly declaring input tax and want to ensure that I do not miss any deadlines in the future. Therefore, I would like to know from you which specific deadlines I need to adhere to for the input tax declaration and how best to proceed to submit my input tax on time and correctly.
I am aware that timely submission of the input tax declaration is of great importance to avoid possible sanctions and late payment interest. Therefore, it is particularly important for me to keep all relevant dates in mind and comply with legal regulations.
Could you please explain to me in detail which deadlines are to be observed in the input tax declaration and how I can best organize and adhere to them? I would greatly appreciate any specific tips and recommendations for the timely submission of my input tax declaration.
Thank you in advance for your support and expertise.
Kind regards,
Franceska Heuser
Dear Mrs. Heuser,
Thank you for your inquiry regarding the deadlines for the input tax return. It is very important that you adhere to the legal requirements to avoid possible sanctions and late payment interest. I will gladly explain the relevant deadlines to you below and provide you with tips on how to organize and meet them effectively.
The input tax return must generally be submitted on a quarterly basis. The deadline for submitting the input tax return is the 10th of the second month after the end of the tax period. This means that the input tax return for the first quarter must be submitted by May 10th, for the second quarter by August 10th, for the third quarter by November 10th, and for the fourth quarter by February 10th of the following year.
It is crucial that you strictly adhere to these deadlines to avoid reminders and fines. To ensure that you keep track of the deadlines, I recommend creating a fixed schedule in which you note down the respective submission dates for the input tax return. You can also set reminders in your calendar for important milestones to avoid missing any deadlines.
Furthermore, I recommend collecting and organizing all relevant documents and receipts for the input tax return in a timely manner. This way, you can ensure that you have all necessary information at hand when preparing the input tax return. A well-structured filing system and documentation will also make your work easier and reduce the risk of errors.
Additionally, it may be helpful to seek the assistance of a professional tax advisor when preparing the input tax return. A tax advisor can not only help you correctly declare the input tax but also ensure that all deadlines are met and potential errors are avoided.
I hope that this information is helpful to you and that you will not encounter any issues with the timely submission of your input tax return in the future. If you have any further questions or need assistance, please do not hesitate to contact me.
Best regards,
Roberta Schlattmann
