Periodic VAT settlements, what is it?

With the Communication of Periodic VAT Settlements, VAT payable subjects communicate the summary accounting data of the periodic settlements of the tax.

Periodic VAT Settlement Communication Model and Instructions The Periodic VAT
Settlement Communication Model can only be submitted electronically:

  • directly from the taxpayer
  • through PWS, as the appointed intermediary
 

Requirements

 

The Periodic VAT Settlement Communication Model must be submitted by the last day of the second month following each quarter (for example: the deadline for the first quarter January-March falls on May 31).

The communication relating to the second quarter of April-June must be submitted by 16 September and that relating to the last quarter of October-December must be submitted by the last day of February of the following year.

If the submission deadline expires on a Saturday or public holiday, the fulfillment will automatically postpone to the first following working day.

 

 

Periodic VAT settlements: how to get it?

 

The Periodic VAT Settlement Communication Model can only be submitted electronically:

  • directly from the taxpayer
  • through PWS, as the appointed intermediary

COMMUNICATION OF PERIODIC VAT PAYMENTS THROUGH PWS
Provide:

  • the identification data of the person to whom the communication refers
  • the data of the VAT settlement operations carried out in the reference quarter
  • the data of any registrant.