With the recently introduced modifications in VAT Regulations this new Value Added Tax management system is based on keeping a Tax Record on the AEAT online system, by providing all billing records virtually immediately.
The “Immediate Supply of Information” (SII) represents a substantial improvement in communications between the Tax Agency and the taxpayer, since it will enable them to have an instantaneous, two-way, automated relationship. Furthermore, it is a new and innovative tool, both to assist the taxpayer and to improve the efficiency of tax checks.
The SII basically consists of electronically transmitting billing records from VAT Books. To do this, the taxpayer must send the Tax Agency billing details electronically (using web services based on exchanging XML messages or, if applicable, by filling out the online form) and using this information the different Record Books will be configured, practically in real time. But taxpayers are not required to send the actual bills.
In the case of simplified bills, issued and received, these may be grouped, provided they meet certain requirements, and the billing records for the corresponding summary entry sent.
The collective that will be subject to compulsory use of the SII is made of taxpayers who are subject to self-assessment of VAT on a monthly basis:
This collective currently has developed software systems that can be adapted to comply with billing record sending within a four-day period (excluding Saturdays, Sundays and national holidays).
in addition, any other taxpayer wishing to voluntarily apply SII may do so. This option shall mean that the taxpayers’ self-assessment obligation shall become monthly and they must stay in the system for at least one calendar year in order to exercise the option. The option to adopt SII must be undertaken during the month of November, before the start of the calendar year in which it should come into effect. The option to adopt it for the fiscal year 2017 should be undertaken during the month of June of this year.
This Immediate Supply of Information (SII) system has entered into force on 1 July 2017.
Sistec has created a software, SISTAX SIi, who will help you to providing all billing records to the Tax Agency (AEAT)
using web services based on exchanging XML messages.
If you are insterested, call us +34 94 600 50 20 or send an e-mail to
SAP Business One software is needed, because SistaxSII is an Add-on for SAP.
Easily, we send you a link where you will find there a download file. Then, you may install it in your system. That’s all!
Furthermore, is included an a instruction guide (for the moment is in spanish).