untitled design (1)

Learn Italian online

Something that bugs me

This gets on my goat, so to speak. What?  Well, being registered for IVA (UK – VAT, Italy – IVA) I have to pay VAT to the Italian VAT man.  OK, this is normal, no problem, standard business practice.   Except, the time it takes Italian companies (don’t even mention local or central government…) to get round to paying means that you end up paying out VAT before you get paid.   This is not all that fair in my opinion.  I don’t think I should become liable for the payment of VAT until I have received payment on the invoices I have submitted.

think in italian logo dark bg 1

Stop reading, start speaking

Stop translating in your head and start speaking Italian for real with the only audio course that prompt you to speak.

Either the government here should do something useful for a change and change the law to ensure that invoices are settled within the period in which the VAT becomes payable or those submitting invoices should not have to pay out VAT until they have been paid.  You never know, doing something sensible like this may even reduce tax fiddling.

By the way, you may have heard that Italy has managed to reduce its debt.  Prodi seems very happy, as you would expect, only nobody seems to know what exactly Prodi and his minions have done to have obtained the reductions.  Could it be that Berluco’s boys were more effective financial managers?  Perish the thought. Not.  So Prodi gets to bathe in what should possibly have been Berlusco’s glory.  Just shows to go – if the politicos do nothing, things become magically better; which begs the question – Why do we need so many of these people?  Or am I just being naive? Probably.

Most Popular

Independent Italy – The Indie Music Scene in Italy

For reasons unknown, I had never let my mind wander towards something like Italian indie music. I guess that to me the idea of indie music in Italy got lost somewhere in amongst football, pizza, and Eros Ramazzotti.

To PEC or Not To PEC

Although I may sound from the title of this post that I’m about to talk about birds, this is not the case, no. PEC stands for ‘Posta Elettronica Certificata’, which is the Italian for ‘certified electronic mail’.

Earthquake in Milan Today

For information on the earthquake in Italy on October 26th and 30th, 2016, please see this article: Earthquake Hits


Related Posts

The Owner of this Floating Gin Palace Earns €20,000 a year. Not.

Italy’s Well-Heeled Poor

That levels of tax evasion in Italy are laughably high is no secret.  Mario Monti, Italy’s replacement for tax-evasion encouraging Prime Minister Silvio Berlusconi, is