Advances for road tax are postponed. Donations under medical assistance will not be subject to VAT.
The government has approved additional tax measures designed by the Ministry of Finance to help taxpayers overcome the current situation caused by the spread of the coronavirus. The new tax measures were officially published on 31 March 2020 in the Financial Newsletter. What do they relate to?
It is not necessary to pay advances for road tax
Payers of road tax may postpone the tax advance payments which are due by 15 April 2020 and 15 July 2020. The Ministry of Finance has decided to waive the late-payment interest and deferred-tax interest related to late payments of road tax advances which are due by 15 April 2020 and 15 July 2020. However, the waiver applies only provided that the advance will actually be paid no later than 15 October 2020. If any taxpayer has been allowed to postpone the payment of the advance for a longer period than 15 October 2020, he/she will not be obliged to pay late payment interest on the deferred amount only if these advances will be paid by 15 October 2020.
Remission of VAT on free provision of selected protective goods and medical devices and materials
Furthermore, the Ministry also decided to remit VAT on the free provision of goods which help to mitigate the effects of the spread of the coronavirus, particularly test kits, devices and instruments used to diagnose COVID-19, face masks, respirators, protective clothing, medical devices, and also disinfectants or raw materials for the production thereof. Financial Bulletin No. 6/2020 contains an exact list of the goods to which the remission applies. The remission of VAT, which taxpayers would otherwise be obliged to apply for the free provision of these goods, shall apply from 12 March 2020 for the entire duration of the emergency. The right to deduct VAT related to the purchase of the goods provided free of charge shall remain for VAT payers.