Simpler tax declaration also for VAT numbers. The precompiled VAT refund service is making its debut for 2.4 million businesses and professionals who can view and download their models with data for the 2022 tax year entered directly by the Revenue Administration. From February 15 it will be possible to modify, integrate and send. Instructions on how it works and how to avoid mistakes.
What is a precompiled declaration for VAT numbers?
The VAT declaration draft is processed thanks to the data of pre-compiled VAT records, data of daily payments transmitted electronically, VAT declaration data of the previous tax year and other information, even if unverified. Available in the Tax Register (for example, payments with F24). It is attached to other pre-filled documents for VAT numbers, such as the annual declaration, records and notifications of periodic liquidations (Lipe) and will be available from the second half of 2021.
The new function, available on the “Invoices and payments” portal, also allows you to calculate and pay the tax, and possibly also submit a corrective or additional declaration. You can also import precompiled data into your management systems so you can compare it with the data you already have.
Who can use, pre-compiled VAT declaration
The service is available to companies and self-employed persons who fall into the category defined by the provisions of July 8, 2021 and January 12, 2023. In detail, these are “taxable persons resident and resident in Italy making the quarterly payment”. Some categories are excluded as there are special regimes for VAT purposes (eg publishing, sale of used goods, travel agencies). The audience includes agricultural producers (or those engaged in related agricultural activities) and agrotourism, among others.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
