Slovenia to introduce import VAT deferment


An import VAT deferment scheme is being proposed by the Slovenian tax authorities. If accepted, this will allow businesses importing goods into Slovenia to account for the import VAT in their VAT returns rather than paying VAT at clearance into the country.

By introducing this it is hoped that it will improve the cash flow of Slovenian VAT registered businesses as using the scheme means they will not have to wait for import VAT to be refunded by the tax authorities.