- Input VAT that is not confirmed by a registered tax invoice is recorded on subaccount 6442 “Unconfirmed Tax Credit”.
- If a tax invoice is not received or the company does not include the VAT amount in the tax credit, the “problematic” input VAT can be written off to expenses.
- The “problematic” input VAT can be written off to expenses only after the company has definitively lost the opportunity to include it in the tax credit.
- The deadline for registering a tax invoice in the Unified Register of Tax Invoices (URTI) is 1,095 days from the date of its issuance.
- The deadline for submitting a correction calculation is 1,095 days from the date of issuance of the tax invoice to which this correction calculation is issued.
- The deadline for including a tax invoice in the tax credit is 365 calendar days from its issuance.
- If a tax invoice is blocked, the deadline for its registration is interrupted for the period of the block.
- In case of liquidation of the supplier, the “problematic” input VAT can be written off not to expenses, but by reversal.
- The company loses the right to the tax credit after the expiration of all deadlines for registering the tax invoice, blocking or unblocking it.
- Writing off “problematic” input VAT to expenses is a complex process that requires attention to the deadlines for registering tax invoices, correction calculations, and blocking tax invoices.
Source: news.dtkt.ua
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.
