Important news for the so-called people of VAT numbers, almost nine million people who could be affected by a mini fiscal revolution aimed at combating tax evasion, an endemic disease in Italy.
According to the latest rumors, the draft Budget Law 2018, the text of which should arrive in the Senate by 20 October, contains a measure that establishes the introduction of pre-filled VAT return.
A year and a half after the debut of the 730 and the pre-compiled income form for employees and retirees, starting next year, VAT numbers will also be able to use the tool to present their VAT and income statement.
VAT numbers: how the pre-compiled declaration will work
According to the first rumors, the pre-filled VAT return will be based on data deriving from electronic invoicing. The rule included in the 2018 maneuver requires the Revenue Agency to prepare a draft VAT model and pre-compiled income model. A document that will contain not only statements and calculations, but also the periodic statements of the VAT liquidation and the drafts of the F24 payment models, with the relative compensations.
Pre-compiled VAT return: interested parties
An important novelty which, as mentioned, will concern the so-called population of VAT numbers, that is to say, professionals, self-employed, traders, artisans, small individual entrepreneurs. The companies admitted to the simplified accounting regime should also be involved in the change, while they remain excluding large companies who have too complex accounting.
VAT numbers: pre-compiled declaration against tax evasion
The pre-filled VAT return represents yet another tool put in place by the Government in order to counter tax evasion in Italy which, despite the progress of recent years, still reaches figures monster.
Based on the numbers contained in the DEF (Economics and Finance Document), in 2015, between taxes and contributions, 101,1 billion euros were evaded, a figure that represents a drop of 4,2% compared to 105,6 billion in 2014.
Within these overall numbers, the Value Added Tax has an enormous weight. In fact, 34,7 billion are missing from potential VAT revenue euros, 31,6 from Irpef, 10,2 from Ires, 6,1 from Ires and so on.
