The authorities has postponed the introduction of the brand new Hacienda-designed invoicing system, Verifactu, to present small companies in Spain time to undertake it for his or her invoicing system. Under the revised timetable, corporations now have till 1 January 2027 to conform, whereas freelancers can have till July of 2027.
Verifactu is likely one of the pillars of the nation’s anti-fraud laws, supposed to curb the shadow financial system and guarantee higher transparency in billing. Yet in latest months it has confronted a wave of criticism from autónomos, lots of whom mentioned the uncertainty surrounding its introduction was inflicting vital concern.
The extension — confirmed by Treasury officers after Prime Minister Pedro Sánchez outlined a collection of measures negotiated with Catalan occasion Junts per Catalunya (JxCat) throughout a televised interview — signifies that Verifactu is not going to grow to be obligatory for both companies or professionals for no less than one other yr.
Under the Verifactu framework, digital invoicing instruments should create an immutable and non-erasable report accessible to the tax company, both via direct transmission of the info or by preserving it securely saved. In addition, every new bill should comprise a QR code permitting clients to confirm the bill’s registration with the tax authorities and to substantiate that IVA or private revenue tax has been correctly withheld.
The initiative initially gave companies two choices: undertake personal software program licensed by the tax company or hyperlink on to the company’s personal system so invoices could be uploaded mechanically to its database.
The authorities’s determination to push the deadline again provides welcome ‘aid’ to the self-employed, in response to associations representing autónomos comparable to ATA, which had been urging ‘frequent sense.’
‘The self-employed can breathe extra simply right now, not beginning the yr with extra burdens and obstacles,’ Ata president Lorenzo Amor mentioned, thanking Junts and different political events for the ‘stress’ they exerted on the federal government.
Ángela de Miguel, president of the Spanish Small Business Confederation, Cepyme, additionally welcomed the delay, saying it ‘strikes in the suitable route and recognises the truth of hundreds of SMEs and micro-enterprises whose time, assets and technical capabilities usually are not akin to these of enormous corporations’.
The union representing professionals and self-employed staff, Upta, was far much less optimistic, calling the federal government’s sample of saying plans and subsequently reversing them ‘actual nonsense’.
‘This solely generates distrust, it doesn’t generate safety and the collective is fed up with this example,’ Upta president Eduardo Abad mentioned. He argued that Verifactu will do little to curb fraud amongst extremely certified professionals who present providers in their very own places of work:
‘They merely gained’t subject an bill and once they don’t subject an bill, Verifactu is mindless in any respect,’ he acknowledged.
