27/12/2013 15:35
VAT Service has announced that VAT increases to 19% from 18% from January 13, 2014 onwards.
A press release notes that reduced VAT also goes up to 9% from 8%.
However, the increase does not affect products and services which are subject to a reduced 5% VAT or to zero VAT, the press release ads.
At the same time, it is noted that legal persons who are affected by the change are obliged on the day before the increase to make an inventory of their stock.
The inventory should be recorded in a special registry and kept for a period of six years.
A press release notes that reduced VAT also goes up to 9% from 8%.
However, the increase does not affect products and services which are subject to a reduced 5% VAT or to zero VAT, the press release ads.
At the same time, it is noted that legal persons who are affected by the change are obliged on the day before the increase to make an inventory of their stock.
The inventory should be recorded in a special registry and kept for a period of six years.
Related Articles
