From July 1, 2023, a new version of the control statement for value added tax (KV DPH) is published on the financial administration portal . The reason is the introduction of a reduced VAT rate to 5% of the tax base, which is supposed to contribute to improving the environment for the construction of state-supported rental housing with regulated rent and a guarantee of long-term housing.
A second reduced VAT rate of 5% of the tax base was introduced in the VAT Act. Its reporting in the control statement is possible through a new form marked KVDPHv23, which was prepared by the financial administration. The new form can be submitted by default through the financial administration portal or through the eDane application from July 1, 2023, for the first time for the tax periods 07/2023 or third quarter 2023.
Apart from the possibility to indicate a second reduced tax rate, there were no other changes in terms of content compared to the previous version of the form. As of July 1, 2023, the new version fully replaces the previous version KVDPHv21 (valid from January 1, 2021 to June 30, 2023).
A reduced VAT rate of 5% of the tax base is applied to:
- delivery of a building or part of a building, including the construction land on which the building or part of the building stands , which meets the conditions for the construction of state-supported rental housing within the social policy of the state, and the recipient of the performance is the lessor of the apartment in state-supported rental housing, who has a contract for the operation of the apartment building with the state of subsidized rental housing, in which this building is specified, except for the delivery of non-residential premises,
- renovation and rebuilding of a building or part of a building, including construction and assembly work on a building that meets the conditions for the construction of state-supported rental housing, and the recipient of the performance is the lessor of the state-supported rental housing apartment, who has a contract for the operation of the state-supported rental housing apartment building, in which this building specified, except for the renovation and rebuilding of buildings, including construction and assembly works that apply to non-residential premises.
Document: Downloadable press release [.pdf; 143 KB; new window]
Source: financnasprava.sk
