Self-assessed Taxes

Self-assessed taxes are taxes that the taxpayer is expected to calculate, file and pay independently. Self-assessed taxes are generally filed monthly. Small taxpayers may be authorized by the Tax Administration to file their taxes quarterly or annually. Self-assessed taxes are filed electronically. Filing by paper is possible only under exceptional circumstances [5.2.4 Electronic Filing Services of the Tax Administration]. Self-assessed taxes can be filed in MyTax service.

The general due date for filing VAT is the 12th day of the second month that comes after the tax period. If the tax period is a calendar year, the due date is the last day of February.

When a company is added to the VAT register, it must file a tax return even if it has not paid any value added tax during a calendar month, or if it has not been engaged in activities subject to value added tax, or even if it has submitted a notice of temporary interruption of business operations to the Business Information System.

If a tax return is filed late, the Tax Administration assesses a penalty charge for the delay period. The penalty charge is calculated separately for each income category, and it consists of two parts: one part is based on the number of days and the other on the size of the tax owed.