31 August 2016
An import VAT deferment scheme was recently introduced in Slovenia which allows certain businesses who import goods into the country to account for the import VAT in their VAT returns, rather than paying VAT at clearance of the goods into the country.
By introducing this it is hoped that it will improve the cash flow of some Slovenian VAT registered businesses, as by using the scheme they will not have to wait for the import VAT to be refunded by the tax authorities.
Non-established businesses that do not have a fiscal representative in the country will not be allowed to use this deferment.
LATEST NEWS
REMINDER: Estonia standard VAT rate increase to 24%...
From 1 July 2025, Estonia will increase its standard VAT rate from 22% to 24%. The reduced VAT rates will also increase from 9% to 13% and from 5% to 9%. The...
SEE MORE
LATEST NEWS
South Africa confirms the removal of VAT charges on...
The South African Revenue Service (SARS) has confirmed that foreign traders who supply electronic services only to business customers in South Africa, will not...
SEE MORE
LATEST NEWS
Lithuania reveals plan to increase reduced VAT Rate...
In March 2025, Lithuanian Prime Minister Gintautas Paluckas announced that the government plans to increase the reduced VAT rate in the country from 9% to...
SEE MORE