Statute of Limitations
in Europe
The statute of limitations determines how far can you go back in time to deduct VAT on invoices received. Likewise, it also determines how far can the tax authorities go back on invoices issued to request the payment of VAT.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Switzerland
Prescription period for VAT:
Five years after the year in which the VAT became due
Extended prescription period:
Fifteen years
United Kingdom
Prescription period for VAT:
Shorter of period from 1 April 2006 to the current date OR four years
Extended prescription period:
Six years in cases of "careless action" or 20 years if loss of tax is deliberate/ because of a failure to comply with the disclosure regime/ failure to notify of chargeability
We will call you back
Give us your contact details and our team will contact you to organize a demo and evaluate how you can integrate your system with our tool.
