The waiver in case of VAT return applies in the following cases:
provided the submission will be done no later than 15 April 2021. By this date it is possible to pay without any sanctions VAT liability for February 2021 which is normally due by 25 March 2021.
Further, according to the further decision of the Ministry of Finance issued in the Financial Bulletin 16/2021 of 9 March 2021, the fine for late filing of the tax return for both personal as well as corporate income tax for 2020 is also waived for those taxpayers who are obliged to file these tax returns, according to Section 136 of the Tax Code, by 1 April 2021 (paper form) or 3 May 2021 (electronically).
The fine will be waived provided the tax return is filed by 3 May 2021 (in the case of the obligation to file the tax return by 1 April 2021) or by 1 June 2021 (in the case of the obligation to file the tax return by 3 May 2021). By these dates it is possible to pay income tax for 2020 without any sanctions.
We would like to point out that Overviews of self-employed person for 2020 are to be filed within the standard deadlines, as well as the underpayments on insurance are to be paid within the standard deadlines.
Similarly, the fine for late submission of Notification of the tax exempt income will be waived if the Notification is filed by 3 May 2021 at the latest (standard deadline is 1 April 2021).
These decisions were made based on the current Covid-19 pandemic situation and the associated three-week restriction of movement and travels (until 21 March 2021) in order to reduce personal contacts.
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