March 29, 2023

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Flat price scheme, to which VAT is applied: let’s clarify the rules

Even if the electronic invoice obligation is effective as of July 1, 2022 for taxpayers on a flat rate basis, the tax simplifications assigned to this preferred system do not change. Including those related to value added tax.

To extend the commitment digital invoice Also at the constant rate, we remember, is Decree-Law 36 of 2022 (So-called PNRR Decree 2). In detail, the judgment states that, From 1 July 2022The rates of the lump-sum which, with reference to the previous tax year, generated revenue/fee in excess of €25,000, also become obligated to submit an electronic invoice.

From January 1, 2024 The obligation will then affect all those working on a flat rate basis, regardless of the amount of revenue/fee.

Therefore, taxpayers under an adequate system with a revenue / bonus amount not exceeding 25,000 euros will be able to continue to issue paper invoices until December 31, 2023.

Flat rate, VAT rules do not change

The e-invoice commitment will be for the fixed price system Effects on Accounting. In particular, it will also follow:

  • Obligation to receive (purchase) invoices electronically
  • Commitment to electronic storage of issued and received invoices.
  • Stamp duty payment methods will change on invoices over €77.42. You must pay electronically (quarterly).

no consequences in The subject of value-added tax. On the Invoicing we will continue not worthy VAT application. There is no obligation to file a VAT return and LIPE communications.

The seller (who in turn is not at a fixed price) if he sells at a fixed price (or advantage) applies VAT at the price set for that transaction (4%, 5%, 10% or 22%). However, it is still understood that the fixed price will not be able to be discounted VAT on purchases Because in the invoices issued, as mentioned, it does not indicate value-added tax.

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