Italian government plans to increase VAT rates in 2018
The Italian government has just announced that the standard VAT rate will rise from 22% to 25% as of 01 January, 2018. Also, there will be an additional increase of... Please Read More
Italy updates VAT filings
New requirements for 2017 Italian filing obligations. This has been re-designed instead of being monthly payments and one annual return, it will now be changed to quarterly returns along with... Please Read More
Italy tries to extend the VAT split payment mechanism
Italy’s Finance Ministry has made an application to the European Commission (EC) to extend the VAT split payment mechanism. Since 2015, the EC has allowed the split payment mechanism in... Please Read More
Bank guarantee refund threshold has been raised
The VAT refund thresholds have been raised where it requires a certified Italian audit or bank guarantee, this is up from €15,000 to €30,000. Most taxable people above this amount... Please Read More
ITALIAN VAT – Changes to VAT filings
From 1st January, 2017, Italy has authorised (Law Decree 193) which is to introduce widespread new VAT filing requirements. Annual 2018 VAT Filing The 2017 Annual VAT return is now... Please Read More