VAT declaration

2024 VAT forms and online instructions, the basic model debuts: what's new

2024 VAT forms officially online, published as an attachment to provision 8230/2024 of 15 January of the Revenue Agency.
The approved models are those to be used for declarations relating to the year 2023.
These are two models, the 2024 VAT model and the 2024 basic VAT model.
After the publication of the drafts last December 22nd, the final revised models arrive, compared to the last year, to be in line with regulatory changes, but also to simplify the compilation by taxpayers.
The lines that have undergone remodulation are those of parts VE and VF while in part VO the possibility of revocation has been added for the option to determine the VAT deduction and income in the ordinary ways.
Let's see the two models and all the changes made.
VAT Form 2024 The VAT form 2024 is composed of: the frontispiece, which also contains the information for the processing of personal data; the executives: VA; VC; VD; VE; VF; VJ; VH; VM; VK; VN; VL; VP; VQ; VT; VX; VO; VG; VS; VV; VW; VY; VZ.
If the form is filled out by a controlling commercial company, together with the 2024 VAT form, the VAT Prospectus 26 Pr/2024 must also be included in the declaration to indicate the group's VAT payment data.
Basic VAT form 2024 The basic VAT form 2024 can be used as an alternative to the 2024 VAT form and allows a simplified version which is reserved for taxpayers who have determined tax during the year based on the general VAT rules.
The new model is composed of: the frontispiece, which also contains the information for the processing of personal data; the executives: VA; VE; VF; VJ; VH; VL; VP; VX; VT.
Changes to the 2024 VAT form The instructions, which you can find attached to both the 2024 VAT form and the basic one (available for download in PDF), also illustrate the main changes made to the VAT form this year.
In particular, the following changes were made in the various sections: Section Va: in section 2, line Va16 which concerned the suspension of payments for the Covid-19 health emergency was eliminated; Section Vb: has been deleted; Part Ve: in section 1, the new compensation percentage was introduced in line Ve4.
It should be remembered that in this line the operations with compensation at 7% are indicated and this also led to a renumbering of the subsequent lines.
In the same table, the line referring to the 9.5% compensation has been deleted; Part Vf: in section 1 the new compensation percentage was introduced in line Vf5.
It should be remembered that in this line the passive operations with compensation at 7% are indicated and this also led to a renumbering of the subsequent lines.
In the same framework, the line referring to passive operations with compensation at 9.5% was eliminated.
In section 3-A, line Vf34, field 9 (relating to exempt operations pursuant to Law 178 of 2000) has been deleted and the subsequent fields renumbered; Part VL: in section 2, line VL8 has given space to field 3 in which to insert the credit surplus from the last ceased VAT group declaration or from the last VAT Prospectus 26 Pr of the ceased group VAT payment; Part Vo: in line VO36, reserved for subjects who carry out oil tourism activities, the box has been introduced to communicate the revocation of the option for the ordinary regime; VAT Prospectus 26 Pr, Part Vs: line Vs23 of section 2 has been eliminated; Framework Cs: has been abolished.

Author: A.W.M.

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