What deadlines do I have to consider when submitting the advance value added tax return?
February 18, 2024 | 40,00 EUR | answered by Emma Wagner
Dear tax advisor,
I have a question regarding the submission of my advance sales tax return and the associated deadlines. I am a self-employed entrepreneur and have been submitting my advance sales tax return on a quarterly basis so far. Now I have heard that the deadlines may have changed and I am a bit unsure.
I have always submitted my advance sales tax return to the tax office by the 10th of the following month. However, I have now learned that there may be changes and I may need to adhere to new deadlines. I want to ensure that I do not miss any deadlines and do not risk any penalties or sanctions from the tax office.
Could you please explain to me exactly which deadlines I have to consider when submitting the advance sales tax return and whether these have changed? Are there possibly different deadlines for each quarter or is there a uniform deadline for the entire year? What consequences do I face if I do not meet the deadlines and how can I ensure that I submit my advance sales tax return on time?
Thank you in advance for your help and support.
Sincerely,
Sven Kuhn
Dear Mr. Kuhn,
Thank you for your question regarding the submission of your advance VAT return and the associated deadlines. It is understandable that you want to inform yourself about possible changes in order to not miss deadlines and avoid possible sanctions.
In general, the advance VAT return is usually submitted quarterly. The deadline for submitting the advance VAT return to the tax office is generally one month after the end of the respective reporting period. This means that if you submit the advance VAT return quarterly, you must usually submit it by the 10th of the following month.
However, there was a change in 2020 regarding the deadlines for submitting the advance VAT return. In the course of implementing the VAT Digital Package, the deadline for submitting the advance VAT return was extended to the 22nd of the following month. This change has been in effect since July 1, 2020. This means that you must now submit your advance VAT return by the 22nd of the following month.
It is important that you adhere to this new deadline to avoid possible sanctions. If you do not meet the deadline, the tax office may impose default interest or even late filing penalties. These additional costs can be avoided by submitting your advance VAT return on time.
To ensure that you meet the deadlines for submitting your advance VAT return, I recommend setting a firm date in your calendar and regularly reviewing your documents. You can also set reminders in your calendar or accounting software to ensure that you do not forget the deadlines.
I hope that this information has been helpful to you. If you have any further questions or need assistance, please do not hesitate to contact me.
Best regards,
Emma Wagner
Tax Advisor
