The state has prepared a novelty for us in the form of an amendment, which speaks about the mandatory correction of deducted VAT on unpaid invoices that are 100 days overdue.

An attorney, a tax advisor, a general accountant, and myself will meet. No, it’s not the start of a joke, but another hearty meeting on the VAT amendment. The state has prepared a novelty for us in the form of an amendment that talks about the mandatory correction of VAT deducted on unpaid invoices that are 100 days overdue. Although the amendment is written in only 7 pages, combined with the transitional provisions, we find that there are many possible combinations of VAT refund/non-refund. Reading it makes me feel like I’m in a maths Olympiad Kangaroo. We will see by example that this is a real brain zumba. Jožek received an invoice for the internet in the amount of 12,- EUR including VAT (2,- EUR is VAT). Jožko did not pay it. And now we are going to zumba: ➡️ if Jožko paid the invoice 100 days after it was due, he has to reimburse the VAT to the state. At the same time, if the invoice was paid within 150 days, he can claim back the VAT
➡️ if Jožko has paid the invoice after the due date of 100 days, he must reimburse the VAT to the State. At the same time, if the payment of the invoice was over 150 days, he can reclaim the VAT if he has proof that the customer did not accede to his right to incur an unenforceable debt
➡️ if Jožko has paid the invoice 100 days after the due date, he must reimburse the VAT to the State. At the same time, if the payment of the invoice was over 150 days, he can claim the VAT if he has received a correction document from the customer for the payment received (i.e. the customer has already acceded to his right of creation of an irrecoverable debt in the past)
➡️ if Jožko has paid the invoice after the due date of 100 days, he must reimburse the VAT to the State. At the same time, if the payment of the invoice was over 150 days, he can claim back the VAT if the customer was a related person who is automatically excluded from the right of incurring an irrecoverable debt
➡️ if Jožko has not paid the invoice after 100 days, he must reimburse the VAT to the State
➡️ Fiction of delivery, bankruptcy, insolvency, restructuring, credit note, debit note – are there other variables that can enter into this zumba and change its terms Result? Yozko has no idea 🤷🏽‍♂️ that such an amendment is in effect as of 1/1/2023. If Jožko is honest and consistent, pays his invoices when they are due, the whole situation is simplified. However, if Jožko is a defaulter, all this “dph chaos” will fall on the shoulders of the accountant. How should the accountant deal with this? ✅ He must study the whole amendment, understand it and know how to apply it.
✅ He has to pray that the accounting software will incorporate the functionality to recognise overdue liabilities, at the same time recognising those that have already been deducted once, but at the same time refunded and then deducted again (if there is a reason to do so)
✅ Must inform all VAT clients that such an amendment exists
✅ Must monitor and evaluate these liabilities and be able to correctly claim them on the tax return
✅ For its own sake, it should “get rid” of disorderly clients (non-payers) And the “best” in conclusion… ➡️He needs to raise the price for accounting⬅️, because everything mentioned above (including this status) took 15 hours of my time alone. And I only dealt with the technical side and the grasp of the price increase.