Commentary

VAT bad debt relief

12 Estonia
12 Estonia | Commentary

VAT bad debt relief

12 Estonia | Commentary

VAT bad debt relief

Estonia does not currently have any VAT bad debt relief provisions.

From 1 January 2022, a taxable person is entitled to adjust its output VAT in connection with the bad debt in the month, when that claim is written off in its accounting, provided all of the following conditions have been met:

  1.  

    •     The VAT invoice has been issued by the taxable person for the goods supplied or services provided.

  2.  

    •     The VAT amount has been calculated and declared in the VAT return for the month of that transaction.

  3.  

    •     The debt claim has not been assigned.

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