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The Pre-filled VAT with the operations from 1 July 2021

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In a provision of the Revenue Agency rules and recipients. From 13 September the first drafts of the registers are available.

Everything is ready for the start of the experimental phase of the pre-compiled VAT thanks to the data of the e-invoices and the fees. With a Provision of the Director of the Agency, Ernesto Maria Ruffini, the methods of preparation of the pre-filled VAT documents, the methods of access and the audience of operators affected by the novelty are identified. The provision also regulates data storage activities and the rules of processing and security. VAT also becomes pre-filled – Using data from electronic invoices, cross-border communications and daily fees, the Agency makes available to VAT operators, in a dedicated web area, the drafts of VAT registers and communications of periodic settlements (Lipe) starting from the transactions carried out from 1 July 2021.

Starting from the transactions carried out from 1 January 2022, the draft of the annual VAT declaration will also be available. For the subjects who validate, in the event that the information proposed by the Revenue Agency is complete, or integrates in detail the data proposed in the drafts, the obligation to keep VAT registers is no less. The recipients of the pre-filled VAT documents – For the tax years 2021 and 2022, in the experimental start-up phase, recipients of the pre-filled VAT documents will be the VAT taxable persons resident and established in Italy who carry out the quarterly settlement of VAT by option, with the exclusion of certain categories of subjects such as those operating in particular sectors of activity or for which special regimes are provided for VAT purposes (for example, publishing, sale of used goods, travel agencies).

From 2022, the subjects in the VAT regime for cash will also be included in the audience. The VAT taxable person who, on the basis of the available information, has not been identified as belonging to the audience, but who has the characteristics to be included, can report this circumstance and access the pre-filled VAT documents. VAT registers, LIPE and VAT declaration – The drafts of the monthly registers are fed continuously with the data received, in order to allow the VAT subject, already from the first day of the month in progress and up to the month following the reference quarter, to access the drafts to view and possibly modify or integrate the data.

In the start-up phase, for the third quarter of 2021, access will be allowed starting from September 13 and the operator will have until the end of October to view and possibly modify or integrate the drafts of the third quarter registers.

The drafts of the communications of the periodic settlements and, starting from the transactions carried out in 2022, of the annual VAT declaration are, instead, prepared taking into account, in addition to the data of the VAT registers validated or integrated by the taxpayer, also those relating to the electronic communications of the fees, the information obtained from the communications of the periodic settlements of the previous quarters and the annual VAT declaration of the period of previous tax. In order to offer a service of facilitation in tax obligations, as an alternative to the direct use of the drafts present in the web application, it is still allowed to the VAT subject or his intermediary to extract and print the drafts (in xml format) and import them into their applications or use them for a comparison with the data in their possession.

Direct or “indirect” access – Each VAT taxable person, directly or through the intermediary who has the delegation to the use of electronic invoicing services, will be able to access, through a dedicated web application within the Invoices and Fees portal, the pre-filled VAT documents and carry out a series of operations, such as viewing, consulting, printing and saving data, extracting the drafts of the documents and send the communications of the periodic liquidations and the annual VAT declaration. In the dedicated web application, an information section will be available that will guide, step by step, taxpayers in the use of all the features provided. Storage of validated or integrated registers – The proposed VAT registers must be validated or integrated in detail within the month following the reference quarter.

The validation or integration operation entails the disappearance of the obligation to keep records of invoices issued and purchases by the VAT taxable person. The data of the validated or integrated VAT registers are stored by the Revenue Agency, through registration and acquisition in the Document System, starting from the first day of the second month following the reference quarter and until December 31 of the fifteenth year following the reference one.