You can also decrease the monthly amount, but only up to a maximum of three times during the VAT accounting period. Following a change, the system will update the value of your direct debits for the remaining months of your annual period plus one month.
You can also choose to suspend three direct debit payments during the annual period. You must ensure that after amending or suspending the direct debit you will still meet your expected annual VAT amount. Revenue can charge you interest if there is an underpayment. Your VAT accounting period ends on 31 October and you decide to reduce your monthly payments on 1 July The direct debit amounts will change for the remaining months of July to November only.
The months from December will not change. You want to amend the amount for the months after the end of your VAT accounting period. You will need to repeat this process in December The change will then apply for the full year going forward.
You can cancel your direct debit at any stage through ROS. Once the direct debit is cancelled, you will receive a short annual return to complete. Is this page useful? Maybe Yes this page is useful No this page is not useful. Thank you for your feedback. Report a problem with this page. What were you doing? What went wrong? Returns should be submitted electronically using the HMRC internet site. If there are misdeclarations or late fillings of UK VAT returns, foreign companies may be subject to penalties.
Click for free British VAT info. Avalara has a range of solutions that can help your business depending on where and how you trade. Overcome compliance barriers and grow your business. Join us for our annual, indirect tax summit. Africa and Middle East. North America. Browse by tax type. VAT Customs duties, import taxes. Sales tax Retail, ecommerce, manufacturing, software.
Excise Tax U. Hospitality tax U. Communications tax U. When you purchase remotely deliverable services from abroad e. This return must be submitted every three months, but you do not calculate and pay VAT until the combined value of remote delivered services in a quarter exceeds NOK 2,, excluding VAT.
Tax Offices. Last updated The Norwegian Tax Administration — Small enterprises can apply to report VAT once a year Enterprises within agriculture, forestry and fisheries the primary industries always submit annually. The Norwegian Tax Administration - Report VAT If you run a business within the agriculture, animal product, horticulture, market gardening, forestry or fisheries sector, the deadline for submission and payment is 10 April.
Enforcement fine Forskrift om renter ved forsinket betaling og kompensasjon for inndrivelseskostnader in Norwegian only Imports and VAT The basis for calculating VAT in connection with imports is determined using the customs value. Contact and help: Tax Offices Did you find what you were looking for?
0コメント