These are all questions arising from poor tax management, but if the due date comes and you have to pay and you do not have sufficient liquidity, remember that you can ask the Tax Agency for a deferral of tax debts without a guarantor, for an amount of up to 30,000 euros . In addition, more and more financial institutions are facilitating the financing of their clients' taxes.
However, to avoid surprises, the best option is to carry out efficient tax management, relying on accounting programs that allow you to know the result of the settlement at all times , although to do so it is obvious that the accounting must be kept up to date.
In any case, companies do not pay VAT , since it is their clients who pay it when the company passes it on to them, acting as mere intermediaries and liquidators of the tax before the Treasury . The problem for SMEs and self-employed workers arises from the fact that often the VAT insurance email list charged is used as a means of financing , so that the VAT quotas collected are used to finance the daily operations of the company, which in principle is positive for the company, since it constitutes an injection of liquidity that can be used to optimize the cash flows of the business.
Therefore, rather than talking about savings, we should talk about efficient VAT management .
5 tips to follow for efficient VAT management
Find out how the tax works and what the different types and variations are that you can choose from. This way, you can choose the one that best suits the characteristics of your business. For example, if a company has just started a business and is taxed under the general VAT regime, it is normal for it to have many expenses and little income, so it should consider the possibility of additionally taking advantage of the special monthly refund regime, to get the tax refunded by the Treasury every 30 days instead of every 90.
Find out about the formal requirements of each type of business , so that you can avoid penalties and assess the real benefit or cost that they will represent for your business. Returning to the previous example, due to the additional workload involved in sending the information every 30 days to the Tax Agency, a company will only benefit from requesting a monthly VAT refund if it periodically has a tax balance in its favour, such as those that are newly created or those that invoice at a reduced VAT rate while mostly paying the general rate.
