VAT and income tax administration to food and beverages Iva
hotel services and administration of food and beverages
From 1st September 2008 VAT regime for hotel services and catering can be summarized thus:
hotel and restaurant expenses inherent in the business of the company
Tax deductible 100%
hotel and restaurant expenses incurred in representing non-deductible VAT
hotel and restaurant expenses "not related" business activities
deductible VAT will be deductible for tax purposes as "inherent"
· food costs and lodging to be reimbursed "footer list "to employees;
· board and lodging expenses reimbursed to" bottom of the list "for administrators;
· expenses for board and lodging for participation in conferences, congresses and the like where you deal with topics closely related to entrepreneurial activity;
· expenses for board and lodging for participation in trade fairs or events in which they are exposed assets of the company;
of performances Full canteen.
To qualify for the deduction of VAT is, however, must be issued with an invoice (not the mere receipt) and if the service is received by an employee must be listed on the invoice also its data (the bill must still be the company letterhead).
accommodation and subsistence costs incurred abroad are not relevant for VAT purposes in Italy.
The Inland Revenue has subsequently indicated that it is sufficient to attach to the bill on the travel expense report with the data of the employee who used the service.
If the employee (or administrator) to transfer a customer calls to dinner, the bill must also indicate the name of it or it will be the employee specified in the bill. Besides this, the invoice must be specified the nature and quality of service provided.
Annotation of these bills in the register purchases can be made with simple way, provided that the total turnover exceeds the sum of € 154.94. In this case, simply record a summary document that contains the numbers assigned to each invoice by the recipient, the total amount of transactions and the amount of taxes.
machine coffee pods will deduct VAT on
If the purchase of wafers or water dispenser is intended for the local administration in business or professional vat, at variance with the letter f) art. 19 bis 1 dpr 633/1972, is
deductible entertainment expenses and are therefore non-deductible VAT purposes:
a) Spese per vitto e alloggio per clienti in visita all’azienda;
b) Spese per viaggi finalizzati al concreto svolgimento di significative attività promozionali dei beni o servizi dell’impresa;
c) Spese per feste ed eventi in occasione di ricorrenze aziendali o di festività nazionali o religiose;
d) Spese per feste ed eventi in occasione dell’inaugurazione di nuove sedi, uffici, stabilimento dell’impresa;
e) Spese per feste ed eventi in occasione di mostre, fiere ed altri eventi simili in cui sono esposti i beni o i servizi prodotti dall’impresa;
f) Ogni altra spesa per beni e servizi distribuiti o erogati gratuitamente;
Sono expenses not related to the business and therefore non-deductible VAT purposes:
a) Expenditure on food and lodging for the convention during the election campaign of politicians;
b) Costs for room and board to persons outside the company (eg : Friends of the entrepreneur);
c) Costs for accommodation and meals for the family of the entrepreneur
Taxes on income from 1 January 2009 the cost of meals and lodging must be divided as follows:
1) food costs and lodging for travel expenses made by directors and employees to travel outside the city
For travel by directors and employees for the purposes of deduction from income tax, not exceeding the daily limit:
a) to € 180.76 for travel in Italy;
b) to € 258.23 for travel abroad.
expenses incurred for board and lodging for travel of directors shall be deductible without limit as to the expenses of members of a partnership by the limitation on deductibility of 75%.
2) Other expenses for room and board
All expenses incurred for room and board representation, the inherent verified, will be deductible at 75%
representation expenses are costs actually incurred and properly documented, dedicated to providing free of goods and services to meet il requisito dell’inerenza.
Sono spese di rappresentanza, per stessa previsione normativa:
g) Spese per viaggi turistici finalizzati al concreto svolgimento di significative attività promozionali dei beni o servizi dell’impresa;
h) Spese per feste ed eventi in occasione di ricorrenze aziendali o di festività nazionali o religiose;
i) Spese per feste ed eventi in occasione dell’inaugurazione di nuove sedi, uffici, stabilimento dell’impresa;
j) Spese per feste ed eventi in occasione di mostre, fiere ed altri eventi simili in cui sono esposti i beni o i servizi prodotti dall’impresa;
k) Ogni altra spesa per beni e servizi distribuiti o erogati free of charge, including contributions to conferences, provided that it complied with the requirement of the inherent.
In essence the requirement in the first reading of the inherent presumption seems to exist in a), b), c), d) while the expenditure referred to in paragraph e) shall be justified in terms of the purposes of promotion or public relations both in terms of reasonableness.
ANALYSIS OF HOSPITALITY EXPENSES '
Travel expenses and accommodation incurred by the individual to participate in fairs and events that sets out the goods and / or services company or related to the work of the same feature. "
No representation expenses (Deductible with the ordinary rules: 75% from 2009 for expenses of administration. Food and Beverages. Tax deductible.
Travel, accommodation and meals for clients (or potential) in trade fairs or visits
No representation expenses (deductible with ordinary rules: 75% from 2009 for expenses of administration. Food and Beverages. Tax deductible.
Other costs incurred for customers (eg. those cases a) b) c) d) They are entertainment expenses
( non-deductible VAT)
Expenses other parties (eg suppliers, authorities etc. ..) are
representation expenses (non-deductible VAT) limits the deductibility
A - are deductible without any limit the cost of goods distributed free of value does not exceed € 50.00;
B - are deductible to the limits set out in the cost of goods distributed free of unit value exceeding € 50.00
TEST OF ADEQUACY '
ceiling
10,000,000 1.3% to 0.5% from 10 to over 50,000,000 50,000,000 0.1
