The Financial Directorate has prepared Q&As (link below) regarding the missed deadlines for tax payments, including VAT and possible sanctions, but please note that they are not legally binding.
The current legislation does not allow for the extension the deadline for filing VAT return. If the taxpayer fails to submit the tax return in time, we recommend applying for remission of the missed period within 30 days at the latest when the reasons no longer exist. Webpage of the Financial Directorate that take into account reasoning for waiving it will take account of the reasoned requests for waiving from missed deadline.
Under current legislation, the tax administrator levies interest on late payment on the outstanding amount at an interest rate of 15% p.a. The Financial Directorate, in cooperation with the Ministry of Finance of the Slovak Republic, is preparing a change in legislation so that no sanctions for missing the deadline for filing the tax return and for paying the tax are imposed in this situation.
This also applies to summary and control statements.
Note. If the failure to meet the deadline is not related to the submission of Financial Statements, but e.g. due to inability to carry out stocktaking for personal or technical reasons, announce change of accounting period, announcement on approval of financial closure, etc. Given obligations are to be met by the end of the following third calendar month after the termination of pandemic.
Above given may have an impact on change of deadlines related e.g. to audit of financial statements and annual report by auditor, filing financial closures mainly in cases if the accounting period is financial year (not calendar year) and deadline for auditing falls into pandemic period.
We are here to answer any questions you may have.
Tax Advisor,Tax Partner
Mobile: +421 911 402 190
Tax Advisor,Tax Manager
Mobile: +421 911 908 268