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Flat-rate VAT number, protests on new rules by accountants and professionals

Flat-rate VAT number, protests on new rules by accountants and professionals
Written by aquitodovale

The rules for holders of flat-rate VAT numbers have changed with the introduction of the obligation of electronic invoicing also for flat-rate VAT numbers starting from next July 1st. And these are news that are arousing many protests both from the professionals themselves and from the accountants.

So let’s see below what are the protests and requests for changes to the new rules for flat rate VAT numbers by accountants and professionals?

  • New rules for flat rate VAT what changes
  • Protests and requests for changes for a new flat-rate VAT number by professionals and accountants

New rules for flat rate VAT what changes

The flat rate scheme for VAT numbers provides a subsidized rate of 15% for the taxation of earnings up to 65 thousand euros per year and also for lump sums the obligation of electronic invoicing from next July 1st.

However, it is an obligation from which those who have a flat-rate VAT number with revenues of less than 25 thousand euros are still exempt and who, according to what is established by the new laws, are still exempt from issuing electronic invoices for the next two years, i.e. until December 31, 2024.

On the other hand, those who have revenues between 25 thousand and 65 thousand euros, a maximum annual revenue limit within which one can remain in the flat-rate scheme, must compulsorily issue an electronic invoice from 1 July and it is an operation that can be done or in full autonomy, by downloading for free or by purchasing specific software dedicated to electronic invoicing, or by contacting accountants, paying the relative established costs.

Holders of a flat-rate VAT number that exceed the ceiling of 65 thousand euros in revenues pass from the flat-rate regime to the ordinary regime.

With the new rules approved, however, whoever exceeds 65 thousand euros in annual revenues does not immediately pass into the ordinary tax regime but for a further two years it can still remain in the flat-rate regime, time established to make the transition from the flat-rate to the ordinary regime more ‘soft’.

However, the rates and tax rates envisaged for the two-year slide still remain to be defined, or rather to be understood.

Protests and requests for changes for a new flat-rate VAT number by professionals and accountants

For professionals affected by the new obligation to issue electronic invoices from next July and for accountantshowever, the July date is too close to approving the new rules for flat rates.

In fact, according to what was complained by the accountants, the period of entry into force of the electronic invoice for flat rates it is not ideal, considering that it should start from the middle of the fiscal year, with the consequence of having a part of paper invoices and a part of electronic invoices for the entire tax year,

This novelty could create a lot of chaos and it is for this reason that a change is requested to the new rules for electronic invoicing also for those who have a flat-rate VAT number, with a extension of its mandatory entry into force to next Januaryso as to start at the beginning of the fiscal year.

For their part, i professionals complain of an increase in costsconsidering that for the issuance of electronic invoices, whether you buy software online and especially if you turn to accountants, you will have to pay, and the little time to get organized even if, on the other hand, they believe it is a good measure that of the two-year slide for those who exceed 65 thousand euros and do not have to pass immediately to ordinary taxation.

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