NAV: annual VAT return can now be submitted in the eVAT system
The National Tax and Customs Administration (NAV) expects annual VAT returns from almost 70,000 businesses by February 25, which can now be easily prepared and submitted in the eVAT system, either on the web interface or via a machine-to-machine connection.
In a statement sent to MTI on Sunday, the tax authority wrote: eVAT, which debuted on January 1, 2024, not only simplified taxation and reduced administration, but also eliminates potential errors and data discrepancies, and can even reduce the likelihood of audits for its users.
They added: the system can also be of great help to accountants during the VAT return period, as they can save a lot of time by replacing several previously manual processes.
The NAV – taking into account taxpayer feedback – is continuously fine-tuning the operation of the system and expanding its services, they wrote.
According to their information, the self-check function has been available since last year, and taxpayers affected by legal succession and extraordinary tax return obligations can also prepare their VAT returns, and returns related to liquidation, final settlement, and forced cancellation procedures can also be completed in eVAT.
According to the announcement, the eVAT service can greatly facilitate VAT returns, which every business should learn about and use.
Related news
NAV: online stores cannot escape paying retail tax either
Online stores must also pay retail tax if their sales…
Read more >This may hurt businesses: NAV is controlling transfer pricing more strictly than ever before
The examination of transfer prices of affiliated companies has been…
Read more >NAV inspections in spring: these businesses may be targeted
The National Tax and Customs Administration (NAV) will continue its…
Read more >Related news
Focus on supporting sustainable food systems: Nestlé’s joint value creation summary published
Nestlé is committed to providing sustainable, balanced and affordable food…
Read more >The European Commission has proposed to strengthen the competitiveness of the EU wine sector
The European Commission is proposing measures to improve the competitiveness…
Read more >Jägermeister Orange: an ice-cold novelty with the aroma of Sicilian orange
1400 hours of Sicilian sunlight, 56 herbs and the aroma…
Read more >