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Taxable persons of the monthly VAT system

Payment in instalments of VAT from December 2020

On February 25, 2021, the Deputy Secretary of State and For Tax Affairs issued Order No. 52/2021-XXII, which allows VAT taxpayers of the monthly periodicity regime to accede, until the next day 1/03/2021, to the supply plan (3 or 6 instalments) for payment of VAT for December 2020, without applying the requirement of breaking the invoicing (break of at least 25% of the turnover in 2020 compared to 2019) and provided that they have obtained a turnover of up to 50 million euros (threshold of medium-sized enterprises according to Decree-Law No. 372/2007 of 6 November).

This new measure of flexibility is also applicable, where the main activity of the taxable person falls within the classification of economic activity of accommodation, catering and the like, or of the culture, or, also, that they have started or restarted the activity from 1 January 2020 inclusive.

Knowledge Centres – Moneris Tax Committee

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