The MEMO-project has developed a new tax return for VAT compensation (VAT return). The goal of the MEMO-project was to achieve increased compliance, equal competitive conditions, simplification for reporting businesses, and a more effective administration of the VAT system. Some simplification is a result of changes in the VAT return; fever sources of errors, easier returns, and making it easier to fulfil the duty to provide information. The VAT return also provides new opportunities for guidance and dialog through validation before submission, and reminders for tasks. In addition, it is possible to offer an increased degree of access to information to achieve effectiveness and safety through digital reconciliation of the VAT return. The new VAT-report provides better interaction between accounting/ERP systems and Altinn/Tax Authority systems, for example automatic receipt for submitted VAT returns.
If you want more information about the project go to skatteetaten.no/nymva. If you want information or news for ERPs go to our pages at Nyheter og driftsvarsler.
Flexibility; code based rather than fixed fields
Easier to provide the correct information; remarks for VAT returns per line and in total:
This illustration describes the architecture of the new solution Frontpage in English