| Name of local VAT: |
MOMS |
| Tax rate: |
22%, reduced 17 and 8% |
| Deadline for annual submission: |
30 June of the year following the year when the expenses were incurred. |
| Minimum limits, stipulated by the law: |
Quarterly VAT: FIM 1.200 – 201.83 Euro
Yearly VAT: FIM 150 – 25.23 Euro |
| Application form: |
The application must cover a period of at least 3 months but not more than a calendar year. Claims can cover less than three months provided it is the remainder of the calendar year (e.g. Nov-Dec, Dec). |
| Invoices: |
The application has to be supported by all the original invoices and or customs documents. It is possible to submit the invoices for accommodation with the name of employee. |
| Tax certificate: |
The application has to be supported by a certificate of taxable status issued by the EU member country.
Non-EU taxable persons have to send in a certificate from the official authority in the trader’s own country showing that he is registered for business purposes in that country. |
| Non-refundable VAT: |
Food and drink
Entertainment expenses
VAT on diesel, petrol, car repairs and car rentals is refundable only for transport companies. |
