The Italian authorities have extended (again) the due date to submit the Italian Spesometro return....
home / New statute of limitations and corrective returns in Ireland
According to the latest Finance Act, adjustments made to VAT returns (either as a corrective or supplementary return), enactments relating to VAT apply to any subsequent adjustment to that return.
Regarding statute of limitations in Ireland, the period in which a company can go back to claim input VAT is now 4 years. This is the same time limit in which the authorities can assess any VAT due.
The statute of limitations is important to assess the right to deduct VAT on any regularization of past obligations. There is no consistency around the European Union on the limit periods, although most countries set this limit between 4 and 6 years.