Compulsory electronic invoice for VAT numbers on a flat-rate basis: the moratorium on sanctions ends from 1 October. Anyone who fails to comply with the obligation within 12 days following the day in which the transaction was carried out will be punished. Let’s see in detail all the fees to be paid.
From 1 July 2022 theelectronic invoicing obligation it has also been extended to holders of VAT numbers on a flat-rate basis who in 2021 have achieved revenues or remuneration exceeding 25,000 euros.
The legislator, to simplify the introduction of the obligation, has ordered a quarter of moratorium on sanctionsquarter that ends on 1st October. Let’s see together what changes starting next month.
Electronic invoice obligation: the moratorium phase ends
Stands for end there phase of moratorium on sanctions provided by the Government to simplify the introduction of the electronic invoicing obligation.
From 1 October 2022in fact, those who do not issue the electronic invoice within 12 days to that of carrying out the operation will be punished on the basis of the provisions of art. 6 co. 2 of Legislative Decree no. 471/1997 and, therefore, with the application of a sanction which may fluctuate from 5% to 10% of the feeswith a minimum of 500 Euros if the error does not have consequences on the calculation of VAT or income taxes.
If the taxpayer has promptly registered the consideration for the purposes of direct taxes and also has proceeded to the late issuance of the invoice, will be subject to the residual sanction referred to in the last sentence of paragraph 2 of article 6 of Legislative Decree no. 471/1997, included between 250 euros and 2,000 euros (Reply of the Revenue Agency to the ruling application n. 520/2021).
Electronic invoice obligation also for flat rates
From 1 July 2022, we remind you, the holders of a flat-rate VAT number are obliged to submit the electronic invoice. Specifically, taxpayers who in 2021 have achieved revenues or remuneration, reported per year, exceeding 25,000 eurosas a result, they are obliged to issue, store and receive invoices in electronic format starting from next month.
L’exemption from the obligationinstead, it would be up to about 800,000 VAT numbers, including micro enterprises, self-employed workers and professionals, who for another two years would remain within the flat-rate scheme with a simple paper invoice.