After one year up and running, on July 1, 2018, version 1.1 of the Immediate Information Sharing (SII) schema comes into force. The trial version for version 1.1 is accessible as of May 3, 2018.
Version 1.1 goes live on July 1, 2018, but version 1.0 will remain until July 20, both in the test environment and in production. As of Monday, July 21, only XMLs of version 1.1 will be accepted.
Among the most relevant version 1.1 modifications, we can highlight:
- A mark will be added to the Record Book of invoices issued to identify invoices issued by third parties, in compliance with the provisions of additional rulings three and six of RD 1619/2012.
- A new collection/payment method key is added for transactions covered or affected by the special cash basis VAT regime, to identify collections and payments implemented through direct debit orders.
- An additional free content field called “external reference” is added, so that users can add internal information on the company associated with the invoice record.
- Some tags are being renamed to provide greater clarity and legal precision in designations: settlement period, billing by third parties or by the recipient, and property transfer amounts subject to VAT.
- The Macrodata error has been corrected: The <Macrodata> tag is created in the issued and received books to identify those invoices with an invoice amount above a threshold sum of 100,000,000 euros.
- Total amount: Now mandatory for the REBU (Special Regime for Used Goods) and Travel Agencies.
- Sending deadlines: Specific term to remit the rectifying invoices, for non-liable transactions and RECC collections and payment.
- Corrective invoices: From the issuance or accounting record, except article 114. Two-1. (the general criterion applies)
- Non-liable transactions: From the date on which the operation took place.
- Collections and payments: As of collection and payment.
- Recording errors: To be corrected “as soon as” they are detected. They shall be sent before the 16th of the following month.
- Successor entities: Identification field for billing records made by an entity in its capacity as successor of another entity for corporate restructuring operations. In this case, the identification of the succeeded entity must be reported and integrated into the invoice record books held by the successor entity:
- Receive invoices whose recipient is the succeeding entity and who are pending registration and consideration for self-assessment purposes.
- RECC invoices received pending payment: The invoice must be reported again, detailing in the payments section exclusively the corresponding payment made by the absorbing entity.
- RECC invoices issued pending collection: The invoice must be reported again, detailing in the collections section exclusively the corresponding collection made by the absorbing entity.
- Corrective invoices corresponding to transactions carried out by the succeeded entity.
- Traveller VAT returns: (Until 1/1/2019)
- Recording of an invoice with the negative amounts, corresponding to the deduction of the VAT accrued in the initial transaction carried out by the succeeded entity.
- Additionally, the recording of a new invoice reporting the tax base exempt as a result of export.
- Moreover, the information on VAT refunds in the special regime for travellers is simplified. The simplification included is based on reporting with a different type of form (A5 for registrations, or A6 for amendments) for these refunds, reporting the DER (electronic refund document) invoice number in the field, and itemizing with the negative amounts the base and quota liable for reimbursement. The period that will be consigned in this registry will be the one in which the deduction from the VAT applied will be taken into account. This way, it will not be necessary to modify the previous invoice record.
Transactions reported with these communication keys will not be computed for the purposes of the volume of operations. This registration system will coexist with and be alternative to the current system of recording these refunds with the A4 key.
SII comes into force in the Canary Islands from January 1, 2019 for e-management of the IGIC tax
The Canary Islands Tax Department is gearing up for the rollout of Immediate Information Sharing (SII) as of January 1, 2019. From this date on, the companies affected will be obliged to submit their IGIC (General Canarian Indirect Tax) bookkeeping records through the electronic office of the Canary Islands Tax Agency.
EDICOM is a Social Collaborator for the AEAT, which automatically grants us the option of representing third parties in the Canarian Community. Through this figure, companies developing software related to SII business management can sign a social collaboration agreement on the application of taxes for the electronic submission of statements, communications and other tax documents on behalf of third parties.
The new books for SII – IGIC will follow the structure and services of SII – VAT (similar web schemas and services). They will have their own END-POINTs. The complete technical documentation will be available on July 1, 2018. A test environment is scheduled for operation from the beginning of October 2018.
The modernization of the VAT bookkeeping system responds to the fiscal control and tax fraud prevention aims of the Canary Islands Tax Agency. To this end, it is necessary to have quality information and as immediately as possible for appropriate development of the verification actions required.