From euronews · Lucia Blasco · · 1m 10s
Verifactu Delay for Spanish SMEs
Spanish tax system delays electronic invoicing for small businesses.
In brief
Spanish tax system delays electronic invoicing for small businesses. Spain postpones Verifactu's implementation to 2028 to ease SME adaptation but creates uncertainty about technical requirements. Originally reported by euronews.
Verifactu postponed to 2028
The Spanish government has postponed Verifactu's entry into force until 2028, one year later than the original 2026 timetable.
SMEs and self-employed get extended deadline
Companies subject to Corporation Tax must adapt by 2028, while SMEs and self-employed workers have until 1 July 2028.
System requires certified software
Verifactu mandates certified software for invoices to ensure authenticity, integrity, and traceability of records to combat tax fraud.
Uncertainty over technical requirements
The delay has created confusion due to unclear technical specifications and final implementation deadlines for businesses.
ATA calls for extension
The National Federation of Associations of Self-Employed Workers (ATA) has demanded an extension citing adaptation difficulties and lack of clear information.
Digitalisation gap for SMEs
Only 58% of EU SMEs have basic digital services, far below the 90% target for 2030, with small companies lagging significantly.
Here's the gist
Spain postpones Verifactu's implementation to 2028 to ease SME adaptation but creates uncertainty about technical requirements.
