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Spain ratifies SII Immediate Delivery of Invoices


Spain ratifies SII Immediate Delivery of Invoices

Spain has this week gazetted (15 May) the requirements for large businesses to submit regular e-submissions of sales and purchase invoices.  SII will become live on 1 July 2017.

SII (Suministro Inmediato de Información)  requires large tax payers (over €6million turnover per annum) submitting monthly VAT returns, companies in VAT groups and companies on the monthly refund scheme to complete online submissions of invoices.  These submissions must be completed within four working days of the issuance or receipt of the invoice.   However, for 2017, an eight-day requirement will be applied.

The monthly VAT reporting deadline for affected businesses will be moved to the 30th of the month following the reporting period - February will be the last day of the month.  The requirement to submit recapitulative statements is removed.

Tax payers will also have to submit invoice details for the first half of 2017.  Taxpayers registered with REDEME or that are monthly tax payers are exempted from this requirement.

Taxpayers that do no fall within the criteria for submission may opt for voluntary registration with the scheme.

Find out more about Suministro Inmediato de Información (SII) in our webinar with Colin Matthews.


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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.