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Important information for taxpayers that for the first time enter the VAT scheme

A dedicated leaflet with simple and practical instructions has been specifically drafted for the small business that will be included in the VAT scheme. Every taxpayer interested to learn more on the legal framework, obligations deriving from it, declaration deadlines, etc., will find it available as soon as possible in the Taxpayers’ Service front-desks. The General Directorate of Taxes is specifically focused on this category of taxpayers that will be recently included in the VAT scheme due to reaching a turnover of ALL 2 million. By means of on-going information and assistance, the GDT aims to achieve a change in the tax liability without any administrative costs for the business.

Please find attached and download the leaflet