The procedure for correcting the tax base is simplified
- VAT is not charged to the supplier if he is unable to collect all or part of the amount due receivables that have not been collected for more than one year
- The tax base is reduced within 6 months, if the actions were performed by the attention of a good businessman, i.e. if collection actions have been taken due claim (enforcement procedure, payment in court, settlement reached or etc.)
- Alignment with Council Directive (EU) 2020/284 of February 18, 2020 amending Directive 2006/112/EC regarding the introduction of certain requirements for providers payment services
- an obligation is introduced for payment service providers at the EU level to provide data.
The aim is to prevent VAT evasion, especially by non-residents which operate in other member states.
- Rounding of amounts in euros
- the threshold for registration in the register of VAT payers is increased from €39,816.84 to €40,000
Source Vlada.gov.hr (Slide 42)
