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Italy update on new Spesometro VAT declaration

  • VAT
  • 02 September 2013 | Richard Asquith

Italy update on new Spesometro VAT declaration

The tax office has provided detailed requirements for the new Italian VAT declaration, Spesometro, which provides detailed analysis of VAT transactions about €3,600.

New Italian VAT filing requirement

The Spesometro filing was first proposed in 2010, but is only being enforced this year.  The first annual report is due in September 2013 for 2012.

It will provide an analysis of:

  • Transactions with invoices above €3,600
  • Transaction with compulsory invoices
  • Cash transactions with non-EU individuals.

There are a number of exemptions, including: imports, exports and intra-community supplies.  Details of transactions should include the date, VAT number of the customer and VAT rate applied.

The first 2012 filing is due by 12 November 2013 for filers of monthly returns.  Italian VAT registered businesses filing quarterly returns are due to file by 21 November 2013.

More information about Spesometro VAT declaration.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.