Two important new tax obligations for professionals and the self-employed are preparing to debut, from the use of mandatory POS for all to the beginning of the obligation to issue an electronic invoice also for holders of a fixed value-added tax number.
However, as often happens in Italy, the emergence of the entry-level versions was accompanied by a series of problems, doubts and doubts that led to numerous requests for clarifications and extensions. Come on then see What are the legal issues with the first appearance of mandatory all-point of sale and fixed price electronic invoices.
- POS problems are mandatory at first
- Electronic invoice lump sum for VAT between extension and problems
POS problems are mandatory at first
From tomorrow, June 30, the obligation to accept payments with POS is activated for everyone Those who carry out activities of any kind, from traders to freelancers and the latest news confirms the progress from January 1, 2023 to June 30, 2022 to apply sanctions to those who sell products and provide services, including professional and do not accept payments with Pos cards.
Therefore, from tomorrow, for those who do not accept electronic payments with POS, a fine of 30 euros will be imposed plus a 4% increase in the value of the rejected transaction.
The following categories of people must have POS to allow card payments:
- Traders and artisans.
- owners of catering companies;
- professionals who work alone and have a direct relationship with the client (for example: lawyers, notaries, accountants, doctors);
- taxi drivers;
- Street vendors;
- accommodation activities such as hotels and bed and breakfasts;
- farm houses.
The only case where, according to the law, dealers and professionals can Payment cards are not accepted with POS It is where it should be Font problems that make it impossible to use POS.
However, the mandatory POS for all is accompanied by a series of vital points that have been highlighted by merchants and professionals, especially with regard to the costs of acquiring points of sale and percentages retained in transactions.
However, it appears that the government has already stepped in with some of the problems highlighted, first by eliminating transaction fees of less than €5 and then on equipment modernization costs.
In fact, a 30% tax credit has been set on commissions for payments with POS and funds have also been set aside to encourage the purchase or rental of electronic POS. In fact, anyone who buys a point of sale by tomorrow June 30 and has a revenue of less than 200 thousand euros can get a tax credit of up to 160 euros to cover 70% of the costs of the agreement and technical connection between the cash point of sale registration.
The percentage is reduced to 40% for amounts always up to a maximum of 160 euros for those with revenue less than 1 million euros and to 10% for those with incomes between 1 and 5 million.
However, despite government interventions, The Mandatory POS Law for Everyone Has Many Disadvantages. First of all, for the person who is making a purchase and finds that the card payment is rejected, he can report the violation to the Guardia di Finanza or the Revenue Agency which will lead to in-depth checks.
This means that the consumer cannot get what he wants immediately but must in any case initiate a procedure that in any case requires time before reaching any penalties to the operator.
Moreover, as indicated, the privileges given to merchants, operators and professionals who must have POS will expire and therefore those who decide to buy or rent them even on July 1st will not be able to enjoy them.
Electronic invoice lump sum for VAT between extension and problems
until the The appearance of electronic invoices for the first time for holders of a fixed-rate VAT number brings with it a series of problems Confirmed by accountants and Confcommercio. While, in fact, since July 1, fixed prices are preparing for electronic invoicing, for the same commitment start Request an extension for various reasons, Starting with the first appearance of the new fulfillment from the middle of the fiscal year.
According to accountants and Confcommercio, the obligation to issue electronic invoices at fixed rates should come into force from January 1, 2023, that is, at the beginning of the next financial year, so that, as we will now risk, half of the paper invoices for the financial year and the other half in electronic form does not happen, which It may cause a lot of chaos.
Then there is the choice of electronic billing service to choose, some of which involve costs and which many have to learn how to operate. In this sense, the problems are relative because in any case, even if the obligation to initiate electronic billing is postponed, in any case costs are expected for some electronic billing services.
Regarding the request for an extension until December 31, 2022 to start the obligation to issue electronic invoices for those with a fixed VAT number, at the moment no response has been received but, as often happens, it is not excluded that it may also be approved on Specifically these days.