VAT
VAT Control Statement: Common Mistakes and How to Avoid Penalties
· 3 min read
Failing to submit a VAT control statement (kontrolní hlášení) leads to automatic penalties even without a prior reminder from the tax authority. Here is a summary of the most common mistakes that cost entrepreneurs unnecessary fines.
Deadlines vary depending on entity type
Legal entities must submit the VAT control statement monthly without exception, whereas natural persons (sole traders) follow their standard VAT tax period. Overlooking this distinction costs hundreds of companies thousands of CZK in penalties every year.
Discrepancies with counterparties
The system of the Finanční správa (Czech Tax Office) automatically matches your records against those submitted by your counterparty. A discrepancy in the date of taxable supply or the document reference number will trigger an official notice requiring a response within five days.
Strict deadlines for responding to notices
The statutory deadline to respond to an official request for a supplementary VAT control statement is very short and runs from the moment the notice is delivered to your data box (datová schránka). For this reason, we monitor data boxes proactively on behalf of our clients.
Author: FinTaxo expert team
Operated by: Zaklipso s.r.o.
Czech original: read this article in Czech
This article is general information and does not replace individual tax, accounting or legal advice. Czech legislation changes frequently — verify the current wording or discuss your situation with us before acting on it.
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