Ex. 1							Ex. 2								Ex.3			
																		
	Purchases from Italy (CZK)	Purchases from Spain (CZK)	Purchases from Netherlands (CZK)	TOTAL				Purchases from Italy (CZK)	Purchases from Spain (CZK)	Purchases from Netherlands (CZK)	TOTAL					VAT		
January	"110,000"	"75,000"	"38,000"	"223,000"			January	"195,000"	"175,000"	"150,000"	"520,000"				input		output	
February	"24,000"	"18,000"	"15,000"	"280,000"			February	"110,000"	"97,000"	"89,000"	"816,000"				2.	"5,380"	2.	"-5,380"
March	"30,000"	"34,000"	"21,000"	"365,000"			March	"91,000"	"134,000"	"100,000"	"1,141,000"				3.	"88,512"	9.	
April	"55,000"	"76,000"	"40,000"	"536,000"			April	"76,000"	"101,000"	"91,000"	"1,409,000"				4.	"352,314"	10.	"-427,810"
May	"85,000"	"60,000"	"46,000"	"727,000"			May	"85,000"	"60,000"	"74,000"	"1,628,000"				5.	"192,992"	11.	"-21,087"
June	"68,000"	"41,000"	"55,000"	"891,000"			June	"133,000"	"98,000"	"146,000"	"2,005,000"				6.	"4,860"	12.	"-43,711"
															7.	"6,074"	13.	"-369,211"
	Sale of merchandise on invoice (CZK)	Collection of invoice issued (CZK)	Sale of merchandise in cash (CZK)					Sale of merchandise on invoice (CZK)	Collection of invoice issued (CZK)	Sale of merchandise in cash (CZK)					8.	"3,124"		
March	"40,000"	0	"50,000"	"90,000"			March	"97,000"	0	"65,000"	"162,000"					"653,256"		"-867,199"
April	"130,000"	"120,000"	"80,000"	"300,000"			April	"156,000"	"85,000"	"112,000"	"430,000"							"-213,943"
May	"150,000"	"100,000"	"70,000"	"520,000"			May	"201,000"	"115,000"	"95,000"	"726,000"							
June	"120,000"	"160,000"	"100,000"	"740,000"			June	"187,000"	"203,000"	"75,000"	"988,000"							
July	"160,000"	"100,000"	"80,000"	"980,000"			July	"223,000"	"187,000"	"101,000"	"1,312,000"							
August	"100,000"	"70,000"	"60,000"	"1,140,000"			August	"192,000"	"256,000"	"89,000"	"1,593,000"							
																		
Answer:							Answer:											
threshold is reached in March by input and in August by output							threshold is reached in January by input and in july by output											
registration deadline is 15th of April							registration deadline is 15th of February											
VAT payer from 1st of May 2017							VAT payer from 1st of March 2017											
first VAT return submission deadline is 25th of June							first VAT return submission deadline is 25th of April											
VAT return will be submitted on monthly basis till January 1 2019							VAT return will be submitted on monthly basis till January 1 2018											
VAT return will be submitted on quarterly basis from January 1 2019							VAT return will be submitted on quarterly basis from January 1 2018