9.Form 303

- Suppression of the pre-declaration in form 303

With effect from 2023, and applicable to self-assessments corresponding to 2023 and subsequent years, abolishes the possibility of filing form 303 on paper form.

- New 5 percent rate for electricity supplies

With effect for self-assessments for periods beginning on or after 1 July 2022, the taxable bases and accrued charges corresponding to electricity supplies invoiced at the 5 percent rate shall be included in boxes 01, 02 and 03.

In the event that transactions at the 4 per cent and 5 per cent rates are to be self-assessed simultaneously, the sum of the taxable amounts corresponding to both rates shall be included in box 01, the sum of the taxable amounts corresponding to both rates shall be included in box 03 and the rate corresponding to the higher rate shall be indicated in box 02.

- News 2023

With effect for self-assessments for settlement periods beginning on or after 1 January 2023, the following amendments are planned (pending approval):

• Specific boxes are incorporated for the declaration of transactions at the rates of 0 per cent and 5 per cent.

• Specific boxes have been added to allow individualised declarations by type of equivalence surcharge.

• The name of box B of the section to be completed in the last settlement period by taxpayers exempted from filing form 390 is modified.

• Box D of section 6 of form 303 is numbered.