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0800 435 772

Italian VAT - A Practical Guide

New 4 hour course  |  4 CPD hours

£ 269 +VAT per person

£269 +VAT
per person

This course can be presented in-house at your premises. You can find out more about our in-house training here.

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Home > Courses > Italian VAT - A Practical Guide

Italian VAT - A Practical Guide

4 hour course

Course prices:

Classroom: £269 +VAT per person

Course overview

UK companies that trade with Italian companies need to understand the Italian system of VAT. Due to its local legislation and the recent changes, Italy has many strict rules that a UK business could overlook, leading to costly mistakes. This half-day course will help you understand everything you need to know about the complex Italian system of VAT, such as split payments or bank guarantees.

This course will define the Italian VAT territory and highlight the factors that need to be considered when dealing with Italian companies and with the Italian tax authorities. It explains when UK businesses need to register for VAT in Italy and guides you through the simplifications that are available to avoid registration. It will also examine the situations where a UK company would not charge its Italian customers output VAT, while identifying those elements of Italian input VAT that cannot be recovered. 

Crucially, the course will consider in detail the Italian VAT treatments that are quite different to those of other countries and will illustrate what you need to do to be fully compliant when completing Italian VAT Returns, Intrastats and Annual VAT returns. It also explains the purpose of the split payment and the SDI.

What will you learn?

 

  • Which supplies are zero rated, reduced rated and exempt in Italy?
  • What simplifications does the Italian tax authority operate for a non-Italian business to avoid registering for VAT in Italy?
  • How is the 'reverse charge mechanism' applied in Italy and in what situations is it different to the UK and other countries?
  • What are the due dates for Italian VAT Returns and what are the methods of payment?
  • How should you complete and submit a Italian VAT Return?
  • What is the purpose of annual VAT Returns in Italy and how do you complete them?
  • How do you complete and submit Italian Intrastat returns?
  • When can you recover your Italian input VAT when you are VAT registered in Italy?
  • What is the SDI? What are the updates on this obligation?
  • If you incur Italian input VAT and you are not registered for VAT in Italian how can you get it refunded?
  • What is the SII? What are the updates on this obligation?
  • If you incur Spanish input VAT and you are not registered for VAT in Spain how can you get it refunded?

Extra benefits

  • course pack containing the information presented on the day
  • certificate of attendance

Course presenters

  • Sara González

    Sara works as a Tax Advisor, covering the VAT compliance obligations in all European countries including VAT returns, ECSL and Intrastat. Her work also involves VAT registrations in various EU countries.

    Sara has worked with VAT specialists from all over Europe, handling multinational VAT advisory projects, acquiring a detailed knowledge of each countries’ VAT rules in the process. 

Course dates