The system offers an alternative to preparing and submitting VAT returns via the ÁNYK framework and will be available to taxpayers from 1 January 2024.
By introducing the VAT return system, the tax authority intends to:
- enable taxpayers to submit their VAT returns using a machine-to-machine communication, so that the return can be used for the purpose of VAT analytics by both taxpayers and the NTCA
- simplify the preparation and review of VAT returns for businesses and accountants
- enable taxpayers to efficiently retrieve data from the NTCA’s system in order to prepare their returns
- reduce the overall administrative burden of the system (KPMG)
