Changes in thresholds for VAT payments frequency in Italy

Changes in thresholds for VAT payments frequency in Italy

The turnover was increased to EUR 500,000 (from EUR 400,000) for supplies of services and for supplies of goods to EUR 800,000 (from EUR 700,000).
The change in payment frequency for 2023 will have to be communicated in the Annual VAT Return for year 2023 (due in 2024).

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