Postponement of VAT deduction information requirement for mixed and partial taxpayers
June 2024 - Since 2024, there is a disclosure requirement regarding VAT deduction for mixed and partial taxable persons. This applies to taxable persons using the general ratio or actual use.
Mixed taxpayers applying the general ratio
For this group, the ratio number basically determines the right to VAT deduction. The ratio is the ratio between the turnover from deductible transactions and the total amount of all transactions of the economic activity.
Since 1 January 2024, mixed taxable persons who deduct VAT on the basis of the general ratio must report the provisional and final ratio annually with the periodic VAT return.
Mixed and partial taxpayers applying actual use
An alternative route is to apply actual use to determine the right to VAT deduction. This requires the taxpayer to take into account VAT levied on goods and services that:
· are used exclusively for taxable transactions
· are used exclusively for exempt transactions
· are used for both taxable and exempt transactions
Since 1 January 2024, this target group has to communicate certain information annually with the periodical VAT return.
Tolerances in 2024
The Administration recently published a tolerance on disclosure requirements for mixed and partial taxpayers applying the general ratio or actual use. Which tolerances should you take into account?
General postponement until 9 August 2024 at the latest
Initially, affected VAT taxpayers had to provide the requested information by 20 April 2024 at the latest (or 20 June 2024 for mixed taxpayers who were already applying actual use on 31 December 2022).
These deadlines are postponed to the latest filing date of the periodic VAT return for:
· second quarter 2024 (no later than 20 July 2024) or
· June 2024 (no later than 20 July 2024).
The postponement given during the summer holidays further extends the deadline to 9 August 2024.
Specific deferral for actual use
A taxpayer applying actual use must add the following additional information to the periodic VAT return:
· The breakdown, as a percentage, of the VAT charged on the transactions:
* used exclusively for taxable transactions
* used exclusively for exempt transactions
* used for both taxable and exempt transactions
· The special ratio(s)
This year, the VAT taxpayer may include these data based on estimates in the first declaration (= 9 August 2024 at the latest). The final figures must be communicated the periodic VAT return for:
· third quarter 2024 (no later than 21 October 2024), or
· November 2024 (no later than 20 December 2024).
