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Changes for the SII system for the Spanish legislation

Written by Irene Nuijten on . Posted in Exact Globe

Exact Globe supports the feature for the Immediate Submission of VAT Information in Spain, also known as Suministro Inmediato de Información (SII). Introduced in July 2017, the SII basically involves electronically transmitting billing records from VAT books, providing quality information to the tax authority within a short time frame. For more information, please see release note 27.730.703.

As of 1 July 2018, the Spanish tax authority will be introducing Version 1.1 of the SII. In line with this, we shall support the following:

 

Feature Submission type
Identification of third party invoices (Factura Emitida Por Terceros) or additional third party provisions (Facturación Disp. Adicional tercera y sexta RD 1619/2012 y del Mercado Organizado del Gas) Sales
Identification of Customs – Complementary settlement

(Aduanas – Liquidación Complementaria)

Purchases
Identification of direct debit payment method

(Domiciliación bancaria)

Collections

Payments

Additional field for defining external reference

(Referencia externa)

Sales

Purchases

Intra-community

Investments

Identification of invoices with amount ≥ EUR 100 million

(Facturas con importe igual o superior a 100 millones de Euros)

Sales

Purchases

In addition, several technical elements supporting the various online submissions have been enhanced to cater for more accurate information reporting.

The solution in Exact Globe shall be made available for customers via a service pack for product update 415 by the end of June 2018 and 416 in the beginning of July 2018.

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