The beginning of the year represents a high-risk period for VAT taxpayers. In practice, January and February are the months when the highest number of errors occurs in VAT records and VAT returns. This is also the period when the Slovenian tax authority, FURS, identifies the most inconsistencies during tax audits.
Incorrect or incomplete VAT records often lead to additional explanations, corrections, and in some cases, penalties.
Which VAT records must be maintained?
Every VAT taxpayer is required to keep:
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records of output VAT (charged VAT),
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records of input VAT (VAT deduction),
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data that is fully reconciled with the VAT return (VAT-O) submitted via eDavki.
Most common mistakes in practice
The most frequent issues detected include:
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mismatches between VAT records and the VAT-O return,
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incorrect tax point dates,
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improper VAT corrections and adjustments,
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incorrect treatment of invoices from previous periods,
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inconsistencies between accounting records and VAT evidence.
What does FURS focus on during inspections?
During VAT controls, FURS primarily verifies:
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consistency between submitted VAT returns and supporting records,
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correctness of VAT deductions,
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proper timing of VAT recognition,
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accuracy of corrections and adjustments.
➡️ Tip: A preventive review of VAT records before submission significantly reduces the risk of tax corrections and additional procedures.