The eVAT is on the agenda again
After almost a year, some new information has been published regarding the draft VAT returns (eVAT) prepared by the National Tax and Customs Administration (NTCA). During the long waiting time, the experts at the NTCA were not inactive, they improved the original idea substantially. The proposal was published on the GitHub forum, and it was possible to comment on its content until 30 September 2022.
The main purpose of the so-called “eVAT M2M” concept is to enable the taxpayers or their accountant to prepare the VAT return in a shorter time based on the data of the accounting program used by the taxpayer and the data held by the NTCA, and at the same time, the risks arising from administrative errors could be reduced.
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