Small enterprises can apply to report VAT once a year
Some enterprises can make payments once a year. Special rules will then apply. With effect from 1 January 2017, stricter rules will apply to applicants.
We call declaring VAT once a year “annual periods”.
The following requirements apply to applicants for annual periods:
- Your turnover during the past 12 months must be less NOK 1 million
- You must have been registered in the VAT Register for at least one year
- You must have submitted tax returns for VAT correctly and punctually every other month for at least one year
Application deadline: 1 February
Deadline for submission: 10 March (applies to applicants for annual periods)
You must submit a return even if the turnover during the period is zero.
You can apply to submit the VAT return once a year if you have one of these roles:
- Limited signing rights
- Contact person NUF
Go back to reporting every other month?
If you wish to return to reporting every other month, you must notify the tax administration. You will then have to submit returns every other month for at least the next two years.