VAT news tagged as "Spesometro"

Italy

Italy Sistema di Interscambio (SdI) real-time e-invoices

February 20th, 2018

Italy has introduced mandatory real-time electronic sales invoice issuance and reporting from 1 January 2019. All relevant invoices have to be issued and submitted to the Italian Revenue Agency’s e-invoicing platform, Sistema di Interscambio (SdI). The measure has been required of sales to government bodies since June 2014. SdI effectively acts as an invoice approval portal, ensuring …


Italy

Italy Spesometro 2018 update

November 17th, 2017

Italy has changed the reporting frequency for 2018 invoice listing (or ‘VAT Books’) submission (formerly ‘Spesometro’) from quarterly to bi-annually. There will also be various simplifications of the data required – details of sales and purchase VAT invoices. The filing will be scraped in 2019 with the introduction of electronic invoices.


Italy

Italy delays VAT invoice listing

September 25th, 2017

Italy has extended the deadline for the submission of the VAT invoice listing.  This will now be due on 28 September 2017.  This is the first filing under the new Italian VAT compliance regime and covers the first six months of 2017. In addition to the quarterly VAT return, a quarterly invoice listing, Spesometro, is …


Italy

Changes to Italy’s filing frequency

July 4th, 2017

Law Decree 193, which was passed by the Italian Government back in October 2016, is now fully in effect. Under the Decree, the filing frequency of the transactional report in Italy, which replaces the former Spesometro, has been changed from annually to quarterly (bi-annually for 2017). Below is a summary of the 2017 changes. Quarterly …


Italy

Italian VAT filings changes

January 16th, 2017

Update 12 Jan 2017: Italy has ratified (Law Decree 193) to introduce extensive new VAT filing requirements from 1 January 2017. Quarterly VAT returns There is a new requirement for quarterly VAT filings. Currently VAT registered businesses only make monthly or quarterly VAT payments without supporting filings. The reporting deadline, whether VAT is due monthly or …


Italy

Italy 2012 VAT return extension

November 11th, 2013

There has been a further extension to the filing of the annual 2012 Italian VAT filing. The new filing date is the 31 January 2014.  Generally, Italian annual returns are due in by 30 September of the year following the calendar year of reporting.  Italian VAT registered companies may file these returns through Entratel or …


Italy

Italy update on new Spesometro VAT declaration

September 2nd, 2013

The tax office has provided detailed requirements for the new Italian VAT declaration, Spesometro, which provides detailed analysis of VAT transactions about €3,600. New Italian VAT filing requirement The Spesometro filing was first proposed in 2010, but is only being enforced this year.  The first annual report is due in September 2013 for 2012. It …