Like every beginning of the year, attention must be paid to the VAT deduction limits shown in the invoices received in January.
As is known, in fact, during the year it is possible to deduct VAT on certain invoices in the month preceding that of their receipt. In a more technical way: it is possible to exercise the right to deduct the tax in the settlement relating to the month of execution even if the purchase invoices are received and noted by the 15th of the following month (art. 1 of Presidential Decree n. 100/1998 ).
Source Commercialistatelematico
