Flat fee, e-bill commitment is triggered by more than 25 thousand euros
The underlying principle, however, is to come full circle as data becomes available, even if there is still a window until 2024 for small VAT numbers. In addition to fixed-rate taxpayers, in fact, the obligation of electronic invoicing appears for the first time also for amateur sports federations and third sector entities whose income from commercial activities amounts to 65,000 euros. This way, finance will have all or nearly all B2B and B2C transactions (i.e. transactions directed to individuals) and, at least by intent, will be more likely to identify possible black holes to be avoided with consent, the most insidious because it occurs when the person who buys a good or a service undertakes to The seller or the lender does not document anything to the tax authorities.
On the other hand, there is a prospect of simplification associated with pre-packaged VAT. Not so much for those who are subject to a flat tax, because they are not obliged to make periodic declarations or liquidation, but for the nearly 2 million economic activities for which the experiment has begun. With ‘complete’ electronic invoicing data, Inland Revenue will be able to provide the most reliable drafts, reducing the need for changes to be made by those directly involved.
Advanced POS Penalties through June 30
Returning to contradict the unspoken, the Pnrr decree aims to anticipate penalties for POS, and some of their customers risk a financial administrative penalty of €30 plus 4% of the value of the transaction. A measure mainly of symbolic value to make digital payments and at the same time reduce this money (the cap for the whole of 2022 has been “reset” to € 1,999.99 from the conversion of Milleproroghe is not without friction in the majority), also because it remains difficult to imagine a customer wasting time (and resources) to report a refusal of payment in electronic money.
In the logic of setting up information in the system, the Pnrr decree also provides for a third “pillar” in the strategy to fight against tax evasion (and not only). To combat the phenomenon of undeclared work, a national portal for undeclared work (Pns) has been created and will be managed by the National Labor Inspectorate. It will include all the results of the surveillance activity carried out by the National Labor Inspectorate, by the inspection staff of INPS, Inail, Guardia di Finanza and Carabinieri with regard to violations undeclared work. But not only that, because information on minutes, judgments rendered and any related litigation will also enter. Thus, the individual databases with which the Inspection, Inps and Inail share the results of the tests carried out will be replaced and merged. With the aim of simplifying data and making it more immediately available to plan inspections in a more coordinated way.