Starting from January 1, 2026, advance payments will be included in the tax base immediately.
The State Tax Service (GNS) has announced new rules for determining the moment of the tax obligation arising for sales tax and the single tax, which will come into effect on January 1, 2026.
According to the updated regulations, the moment of the tax obligation will be considered the earlier of the following events: the shipping date specified in the invoice, the date of the cash register receipt, or the date of payment receipt.
The GNS noted that advances, meaning prepayments, will be immediately included in the taxable base in the period when the money is received, even if the goods have not yet been shipped or services have not been rendered.
Since the taxation applies to the sale of goods, works, or services paid for in cash or cashless means, advance payments must also be accounted for in the reporting at the moment they are received.
Thus, when preparing reports for the single tax and sales tax, all receipts for the reporting period, including advance payments, will need to be taken into account.
Photo www
