Vat Ledger Report or National Recapitulative Statement
Since January 2014, businesses have been required to submit VAT ledger reports. The VAT Ledger report contains details of a company’s incoming and outgoing invoices for each VAT period. The deadline for submission is the 25th day of the month following the tax period end.
Failure to submit the report may result in a fine of up to EUR10,000. In addition, repeated failure to submit a VAT Ledger report may result in a fine of up to EUR100,000.
Latest Slovakian news
January 25, 2019
The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies. The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states.
January 09, 2019
The EU VAT Directive has been updated from 1 January 2019 to introduce a voluntary generalised reverse charge measure on domestic transactions in member states.
December 28, 2018
Following agreement by EU member states to permit cutting the VAT rate on e-books and online journals to match the reduced/zero rating permitted on their paper-based equivalents, the following countries have already announced reductions...
- Czech Republic
- United Kingdom