The General Directorate of Taxes reminds all taxpayers whose turnover during the 2020 calendar year was below the threshold of 10,000,000 (ten million) lek and who wish to benefit from the provisions of the Council of Ministers' Decision. No. 576, dated July 22, 2020, To deregister from VAT tax liability, take measures to adjust the VAT in the December 2020 declaration by touching field 50 “Adjustment of deductible VAT,” for unsold stock (inventory) goods, or capital goods, other assets used for the activity, where the VAT on these goods was fully or partially deductible.
After adjusting for VAT, this amount will be treated as a business/goods cost.
After deregistration from tax liability, the accumulated VAT will no longer be collectible.
For all taxpayers who, regardless of turnover, wish to remain liable for VAT, in their account in the tax system (in e-filing), under the “My Issues” menu, they will need to select the issue: "VAT Tax Liability Declaration" to self-declare whether they will continue to remain in the VAT scheme. The option to make this declaration electronically is available from January 19 to 28, 2021, and can be completed only once. Read the full announcement here https://alprofitconsult.al/njoftim-per-cregjistrimin-nga-tvsh-shtuar-fasha-0-5-milion-leke/.
For more information, you can contact Taxpayer Services. https://www.tatime.gov.al/c/9/157/drejtorite-rajonale, Call the toll-free green number 0800 00 02 at the Call Center, use the Live Chat service on the official DPT website, or officially address the Regional Directorate in your jurisdiction.
Source: General Directorate of Taxes.
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