- The annual VAT credit must be recalculated based on actual payments made in 2025 if any periodic VAT payments were missed.
- Missed periodic VAT payments are usually detected by the tax authorities through comparison of submitted VAT communications (Lipe).
- These violations can be regularized through voluntary disclosure (ravvedimento operoso) by paying the owed tax, interest, and reduced penalties.
- The 2026 VAT return instructions specify how to report the total VAT due, payments made, amounts paid after irregularity notices, and amounts paid after payment notices for 2025.
- The highest amount between total VAT due and the sum of all payments (including those after notices) must be reported in the relevant field.
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.
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