Test yourself Question 1 of 6 Question 1 of 6
A supplier invoices a town council €4,000 plus €880 of VAT under split payment. How much does the council pay the supplier?
€4,880 €4,000 €3,120 Nothing until the council has paid the VAT over
Question 2 of 6 Question 2 of 6
Where, according to the Department of Finance, do you check whether a customer is a public administration bound by split payment?
In a yearly list of administrations published by the Department In the Index of Public Administrations, leaving out public service operators In the Companies Register In the VIES database
Question 3 of 6 Question 3 of 6
A company has three town councils as shareholders, each with 25% of the capital. Is it covered by split payment?
No, no single public shareholder exceeds 70% Yes, the combined public stake is 75% Only if it is listed on the stock exchange Only for supplies of goods
Question 4 of 6 Question 4 of 6
A lawyer bills a Region for an opinion and the Region withholds tax on the fee. Does split payment apply?
Yes, because the customer is a public administration No, because paragraph 1-sexies excludes services whose fees are subject to withholding Yes, but only for half the VAT No, because legal opinions are VAT-exempt
Question 5 of 6 Question 5 of 6
In which field of the e-invoice does the administration's Unique Office Code go?
In the payment reference In field 1.1.4, "Codice Destinatario" In the payment details block It is not needed
Question 6 of 6 Question 6 of 6
Why does a supplier that works almost only for public bodies tend to carry a VAT credit?
Because its sales are exempt Because it deducts VAT on purchases but has no output tax on split-payment sales Because the public body refunds its VAT every month Because it cannot deduct VAT on purchases
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