Supplementary value-added tax in 2014
Entrepreneurs who wish to rectify their value-added tax return for 2014 or report a value-added tax balance sheet item relating to 2014 have the option of avoiding the associated interest charge if they take the appropriate action before the first of April 2015. A supplementary value-added tax return should preferably be made using the designated form, which is downloadable from the Tax and Customs Administration’s web site. The filing of such a return will trigger a refund decision or additional tax assessment.
N.B.: It is permissible where the amount involved is less than € 1,000.00 to account for the relevant amount as part of the next value-added tax return. This will not trigger a refund decision or additional tax assessment.