- Incentives for general dining establishments include VAT refunds and a reduction in profit tax by half
- Starting January 1, 2025, a portion of VAT will be refunded to entrepreneurs providing general dining services
- Conditions for VAT refund include full payment of calculated tax for the reporting period and primary income from general dining services must be 90% or higher
- VAT refund rates are 40% for non-cash payments above 60% and 20% for non-cash payments below 60%
- To receive the cashback, apply within 3 months after submitting the tax report
- Reports for January 2025 must be submitted by February 20, 2025
- If the tax report is adjusted and the paid tax amount changes, the refunded tax must be proportionally returned to the budget
- From January 1, 2025, to January 1, 2028, the profit tax rate for general dining establishments is reduced from 15% to 7.5%
Source: facebook.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
