Advanced VAT returns

A VAT-entrepreneur needs to file advanced VAT returns. The frequency depends on the total VAT payment of the year before. Usually, it needs to be filed monthly. It contents the turnover, the VAT and the input tax. The VAT is balanced with the input tax and the difference has to be paid or will be reimbursed. The tax consultant generates the data out of the bookkeeping and sends the return electronically to the local tax office.