Electronic invoicing 2018
The electronic invoicing requirement has been expanded by the 2018 Budget Act which provided for two additional steps to extend the audience of those who will have to comply with the electronic invoice requirements.
In particular, from 1 July 2018, the electronic invoice requirement for the sale of gasoline or diesel fuels to be used as fuels for engines and for the services provided by subcontractors to the main contractor will be introduced as part of a contract for works, services or supplies with a public administration. Please note that the Revenue Agency recently intervened with the Provision of 04.04.2018 n.73203 in relation to the purchase of fuel.
From 1 September 2018, the issuance of the electronic tax free shopping bill will be mandatory. The obligation will cover purchases of goods
- by non-EU travellers
- more than 155 euros to their VAT
- personal or family use
- to be transported out of EU customs territory in personal baggage.
From 1 January 2019, the requirement for electronic invoicing will be extended to all disposals of goods and services between businesses and end consumers. In general, electronic invoices will be transmitted through the Interchange System (SdI), managed by the Revenue Agency, currently in use for electronic invoicing against the public administration. Individuals are exempt from the electronic invoicing requirement
- fall under the so-called "advantage regime"
- who apply the flat-rate scheme.
Additional accounting and administrative simplifications are planned for VAT-lited individuals and companies eligible for the Simplified Accounting Scheme, which will be governed by a measure by the Director of the Revenue Agency. Finally, for those mentioned above, the obligation to keep the records referred to in Articles 23 and 25 of the Decree of the President of the Republic 26 October 1972, n. 633.
Below is a summary table.
|Date||Electronic invoicing obligation|
|July 1, 2018||
|September 1, 2018||Tax free shopping|
|January 1, 2019||Between private individuals|