EMERGENZA COVID-19: le tutele della cassa integrazione ordinaria, dell’assegno ordinario e della cassa integrazione in deroga

Let's immediately clarify that the rules have not changed compared to previous years but with the advent of electronic invoicing it is necessary to revisit the topic to frame the operation in a daily activity such as that of recording purchase invoices.

In the meantime, we would like to remind you that the terms for sending electronic invoices are different.

Theimmediate invoice must be sent within 12 days of carrying out the operationdeferred invoice by on the 15th day of the month following the one in which the operations were carried out.

Therefore, it is possible that a certain amount of time elapses between the "date displayed in the electronic invoice

To be able to deduct VAT on purchase invoices, the invoice must be received and accounted for. The invoice date is therefore only one of the elements to be taken into consideration.

The general rule on the deduction of purchase invoices

As a general rule, invoices of purchases relating to the previous month, if registered by the 15th day of the following month, can contribute to the VAT settlement of the month in which the operation was carried out.

If, however, they are noted after the 15th day, they contribute to the settlement of the month of registration.

In practice, for example, I have to settle the VAT for the period of September, I receive an invoice dated 30 September in the SDI on 12 October, in which case I will be able to easily register this invoice by the date of October 15th but indicate during registration that I will deduct the VAT amount in the month of September. Otherwise, if I receive this invoice in the SDI after the date of October 15th, I will be able to deduct the VAT in the payment for the month of October (if registered by October 31st).

Attention

The rule for deducting VAT at the end of the year

The general rule indicated above, by express provision of the law, it cannot be applied to invoices received at the end of the year, therefore it is necessary to pay close attention to the different cases.

Therefore, to answer the question of how VAT is deducted from invoices received at the end of the year, it is essential to analyze the invoices received by distinguishing between:

• invoices received in the SDI and recorded in the month of December
• invoices received in the SDI in the month of January 2020 (dated December 2019)VAT settlement for the month of January 2020
• invoices received in the SDI in the month of December 2019 not registered in December 2019possible to deduct VAT in the annual VAT return relating to the year 2019
• invoices received in the SDI in the month of December 2019 and registered after 30 April 2020annual supplementary VAT declaration

  A situation that facilitates the recovery of VAT on invoices received in the SDI in the month of December but not registered in December is to create a specific sectional purchase register in which to record these documents, the deduction of which is permitted only by including the relevant VAT in the annual declaration.

  In practice, it will be sufficient in the IT management system to activate a new purchase register, naming it for example "Register purchases for VAT recovery in the annual return", and when registering the purchase invoices in question, merge them into this register, so that the related VAT deducted can be indicated as VAT credit only in the annual return.