Test yourself Question 1 of 5 Question 1 of 5
A company files its VAT return showing a 30,000-euro credit on 5 March. From when can it offset the part above 5,000 euros?
From 5 March itself From 15 March From 16 April From 1 January of the next year
Question 2 of 5 Question 2 of 5
An innovative start-up listed in the special section wants to offset 30,000 euros of VAT credit. Does it need a certificate?
Yes, like any business above 5,000 euros No, for it a certificate is needed only above 50,000 euros No, start-ups cannot offset at all Yes, and it must also wait thirty days
Question 3 of 5 Question 3 of 5
An SRL has 60,000 euros of overdue rolls for national taxes, with no instalment plan. What can it still offset?
Any credit, up to 2 million euros Only contribution and premium credits, letters e), f) and g) of Article 17 Only VAT credits Nothing, not even contribution credits
Question 4 of 5 Question 4 of 5
The agency suspends an F24 carrying offsets and, after checking, finds the credit unusable. What happens to the cash payments in the same order?
They stay valid; only the offset falls They are treated as not made, together with the offsets They are refunded with interest They are automatically applied to the credit
Question 5 of 5 Question 5 of 5
A business offsets 10,000 euros of a tax credit that turns out not to exist. What base penalty applies?
250 euros 2,500 euros, 25 percent 7,000 euros, 70 percent None, repaying the credit is enough
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