VAT supplement fiscal unity with Yuki

Disclaimer

All screenshots in the article were taken in the Dutch version of Yuki.

Often, after the end of a financial year, for example when preparing the annual statement, it turns out that corrections are needed to the VAT returns of the fiscal unity that have already been submitted to the tax authorities. If it turns out that you have declared too much or too little VAT this year or in the past 5 years, you are legally required to report this to the Dutch tax authorities.

Once all VAT returns for a financial year have been submitted to and confirmed by the tax authorities, VAT returns closed in Yuki can only be amended or supplemented through a VAT supplement. The corrected full-year data is automatically included in a supplement generated by Yuki.

Unlike a VAT return, a VAT supplement is never automatically sent by Yuki to the tax authorities. The administrative office or accountant manually sends the VAT supplement to the tax authorities by clicking on the Send button.

If you do not want to send the VAT supplement to the tax authorities, the status of the VAT supplement return can be set to 'Closed (historical)'.

TIPS!

• The tax authorities may later request a specification of the VAT supplement.
• Please note that the tax authorites will not send a refund decision or a reassessment notice.

When a fiscal unity (parent company) is supplemented, a VAT supplement must have been transferred to the fiscal unity for all components (subsidiaries) of the fiscal unity.

If there is no VAT supplement for a component of the fiscal unity, a zero VAT supplement must be created manually and then transferred to the VAT supplement of the fiscal unity.

Hover your mouse over the Financials icon in the navigation bar and then click on VAT return.

In the overview of VAT returns that has now opened, click on the Create VAT return button.

The following screen is opened:

Select the correct administration (from the fiscal unity component) and the reporting year, and then select Supplement as the VAT accounting period.

Click on the Continue button. The following screen is opened:

Finally, click on the Fiscal unity button at the top of your screen to transfer the VAT supplement to the VAT supplement of the fiscal unity.