25 February 2022 – deadline for annual adjustment of input VAT

by Klaudia Bielecka

7 February 2022

Who is obliged

A taxpayer who conducts both taxable and tax-exempt activity, the so-called mixed activity.

Deadlines

The annual adjustment of input VAT should be included in the return for the first accounting period of the year following the tax year for which the adjustment is made, and in the case of termination of business activity – for the last accounting period.

Taxpayers who account for input VAT monthly should include the 2021 annual adjustment in their return for January 2022 to be submitted by 25 February 2022.

Taxpayers who account for input VAT quarterly should include the adjustment in their return for the first quarter of 2022 to be submitted by 25 April 2022.

If you have any questions, you are welcome to contact Rödl & Partner experts.