The date of November 30th is approaching for the payment of stamp duty on electronic invoices relating to the third quarter. From the deadlines to be respected to the guided procedure for the payment on the Revenue Agency’s Invoices and Fees portal: the instructions to follow
You need to pay stamp duty on electronic invoicesworth two euros, when the indicated amount is excluded, exempt or outside the scope of VAT for an amount higher than 77.47 euros.
Respecting the quarterly roadmapit is necessary to pay the sums due via F24 model.
Thanks to the online tools provided byRevenue Agency on the portal Invoices and FeesHowever, it is possible to follow a guided procedure to check the amount to be paid and a simplified way to make the payment.
The due dates for payment of stamp duty on electronic invoices
In case of emissions of electronic invoices with amounts exceeding 77.47 euros excluded, exempt or outside the scope of VAT, it is necessary to pay thestamp duty in total due with quarterly by the following dates:
● May 31;
● September 30;
● November 30;
● 28 February of the year following the reference year.
The calendar, however, includes some exceptions based on the amounts due: taking into account the threshold of 5,000 eurosrevised several times in recent years, it is possible to postpone the payment of the first and second quarter at the deadline set for the third.
In other words, if the amount due for the first quarter, and then also for the second, does not exceed 5,000 euros, the payment can be postponed.
The upcoming deadline of November 30th which concerns the third quartertherefore, affects all the subjects called to pay thestamp dutyregardless of the amount owed.
Payment of stamp duty on electronic invoices: tax codes to use
By the established dates it is necessary to pay the sums via F24 model which must be submitted electronically.
During compilation, you must indicate a tax code different for each quarter:
● 2521 – Stamp duty on electronic invoices – first quarter
● 2522 – Stamp duty on electronic invoices – second quarter
● 2523 – Stamp duty on electronic invoices – third quarter
● 2524 – Stamp duty on electronic invoices – fourth quarter
● 2525 – Stamp duty on electronic invoices – penalties
● 2526 – Stamp duty on electronic invoices – interest.
As specified by the Revenue Agency in the dedicated guide, those who postpone payments must in any case indicate the tax codes relating to the periods for which the tax is due.
Revenue tools for the payment of stamp duty on electronic invoices
As highlighted above, you need to match stamp duty on electronic invoicesworth two euros, when the amount indicated is excluded, exempt or outside the scope of VAT for an amount exceeding 77.47 euros.
In these cases it is also necessary to report a precise annotation which can be indicated by completing the field Virtual stamp with the value YES within the electronic invoice layout.
Precisely on the basis of this indication and on the documents that appear to have the elements for the application of the stamp duty, theRevenue Agency calculates the amount owed by individual taxpayers.
Through the Invoices and Fees portal, in fact, it is possible to find the sums to be paid already indicated and also to take advantage of a ready-to-use payment model. You can proceed by simply indicating, within the deadline, theIBAN corresponding to current account in the taxpayer’s name for the charge.
Using the tools made available by the Financial Administration, therefore, the risk of error is reduced to a minimum.
Payment of stamp duty on electronic invoices: how the calculation is made
Starting from the data indicated during compilation in the electronic invoice layouts, the Revenue Agency processes two lists to be considered for the payment of stamp duty:
● list A, which cannot be modified and derives from the documents that specifically contain the annotation;
● list B, on which it is possible to intervene, with the data of the electronic invoices which do not indicate the payment of stamp duty, but for which the tax is due.
The change can also be made by intermediaries in possession of the delegation for the “Consultation and acquisition of electronic invoices or their electronic duplicates” service or the delegation for the “Consultation of data relevant for VAT purposes” service.
The information is made available to VAT subjects in relation to four quarterly deadlines set on the calendar. They tend to indulge 15 days to intervene on the lists drawn up by the Revenue Agency and 15 days before the deadline to be respected, view lthe final amount due.
It is up to the taxpayer to choose whether to complete the F24 model or whether to use the specific web functionality of the “Invoices and fees” portal by indicating theIBAN corresponding to the current account in the taxpayer’s name, from which the amount of stamp duty due is debited.
Using the Revenue’s online tools, even in the event of a delay, the values of penalties and interest to be paid are automatically calculated.