- The article discusses how VAT credit is regenerated when payments are made, even if initially omitted.
- It explores the impact of missed payments on the annual VAT declaration.
- The article provides practical examples and operational instructions for calculating and managing VAT credit.
- VAT credit from missed payments is established when payments are made, even if years later.
- The tax agency confirms that only the portion of VAT paid by the annual declaration date is considered credit.
- A practical case is presented with a taxpayer’s VAT payment situation for 2024.
- The taxpayer had VAT debts in the first, second, and third quarters, with a partial payment made for the advance VAT.
Source: commercialistatelematico.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
