7 May 2013
The tax authorities will soon check with entrepreneurs whether they have outstanding VAT liabilities for previous years. They will check this by comparing the filed VAT returns with the filed income tax or corporate tax returns. These VAT debts can occur during the preparation of the annual financial statements.
You have to declare more VAT liabilities for prior years and want to avoid a large fine? Correct the VAT returns which you previous sent in before June 1, 2013. You can do that via the secure section of the website of the tax authorities or with the form Supplementation VAT. Are you still entitled to a VAT refund over the past few years? Request the refund with the same form.
Make sure that you are up to date with your VAT returns. Not doing so may cause high fines and also adjustment of the filing period from quarterly to monthly.