A fixed penalty of circa 250€ per return filed late.
Fixed interest of 0.8% of the VAT due per month. The first and last month is always treated as a complete period.
In case of an audit, penalties of up to 20% can be imposed.
Minimum penalty of €25 and maximum of €500, depending on the total VAT due during the un-registered period.
Additional penalties may be charged by the authorities, particularly where the corrections are triggered by an investigation or VAT audit.
For penalties on ESL, Intrastat and other returns, please see the relevant section.