Extended First Reporting VAT Period

Extended First Reporting VAT Period

Learn about the Extended First Reporting VAT Period, which applies only to the first VAT submission of a new entity. This allows for an extended reporting timeframe to simplify initial compliance.

Idea
You can extend the reporting period only before generating the tax submission for the first time.


1) You need to have mapped a tax return before generating a submission. You can see more information about mapping of tax returns here.

2) Click on create the tax submission from the entity screen.


3)  Click on the 'x' to clear the predefined reporting period.


4) Choose the desired start date for extended reporting period.


5) Choose the end date for extended reporting period.


6) Once the currency is confirmed, you can click on Generate the tax submission.


7) Find more information about the next steps after generating the tax submission by clicking here.

Idea
Success! You have extended your first Reporting VAT period.

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