arvonlisäveroilmoituksilla

Arvonlisäveroilmoitus, often referred to as ALV-ilmoitus, is a crucial document submitted by businesses in Finland to the Finnish Tax Administration (Verohallinto). This declaration details the value-added tax (VAT) transactions undertaken by a business during a specific period, typically a month, quarter, or year. The primary purpose of the arvonlisäveroilmoitus is to report the amount of VAT the business has collected from its customers (output VAT) and the amount of VAT it has paid on its purchases (input VAT).

Businesses are legally obligated to file this report even if no VAT was collected or paid during the reporting period. The difference between output VAT and input VAT determines whether the business owes VAT to the Tax Administration or is eligible for a VAT refund. The arvonlisäveroilmoitus must be filed electronically through the Tax Administration's online service, OmaVero. Accurate and timely submission is essential to avoid penalties and interest. The information provided in the arvonlisäveroilmoitus is used by the Tax Administration to verify compliance with VAT regulations and to collect the appropriate amount of tax.