Simplification for February 2020 VAT returns
EA BriefFiscalTax
30 March, 2020Order no. 129/2020-XXII, of 27 March, issued by the State Secretary for Tax Affairs, establishes that the periodic VAT declarations referring to the period of February 2020 (i.e., returns that must be delivered until April 10), can be calculated based on the data contained in the E-Factura, not requiring supporting documentation.
It will be possible to replace the periodic declarations referred to, without any additions or penalties, based on the total supporting documentation, as long as this replacement and the respective payment / settlement occurs during the month of July 2020.
In April, May and June, PDF invoices must be accepted, which are considered electronic invoices for all purposes provided for in tax legislation
This measure is only applicable in the following cases:
- When the taxable person has a turnover, for the year 2019, up to € 10,000,000;
- When the taxable person has started business on or after 1 January 2020;
- When the taxable person has resumed business on or after 1 January 2020 and has not achieved turnover in 2019.
The mentioned Order also extends the regime of fair impediment to the fulfillment of the tax obligations, considering, for its application, the situations of infection or prophylactic isolation determined by a health authority, as well as the situations of fixing a health fence that interrupts the movement of taxpayers or certified accountants, provided that they have their professional or tax domicile in the aforementioned areas.
