The tax voucher and its contents

Persons obtain the consideration for goods delivered/services rendered either in cash or

by means of credit/debit cards or other cash substitutes, are required to

use the cash register and issue tax receipts to customers.

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What does a tax voucher contain?

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The tax voucher consists of three parts:

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a) Background

• Name of trader
• Tax code / Unique registration code
• Location of cash register installation

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b) Contents (excluding currency exchange and taxi machines)

• Date, time and minute of issue of the tax voucher
• Serial number of the tax voucher at working day level
• Name or code of operator/cashier
• Name of each good supplied/service rendered
• Price or unit rate
• Quantity
• Value per transaction, including VAT, with an indication of the VAT rate
• Total value of the voucher including VAT
• Total amount of VAT by VAT rate, indicating the rate level
• Total value of transactions exempt from VAT
• Amount of other taxes not included in the VAT base (where applicable)

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c) Final part

• Logo and tax number of the device
• Number of the cash register (if the cash register used operates in a management system)

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What is the difference between the tax receipt and the simplified invoice?

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They can be considered as simplified invoices:

• Invoices containing mandatory:

o Date of issue

o The taxable person who supplied the good/service and the mention of

the type of good/service provided

o Amount of fee collected or information needed to calculate it

o Clear and specific reference to the documents/messages that have been dealt with in the

listed as an invoice and the specific dates to be amended

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Equally, one of the following conditions must be met for an invoice to be

considered simplified:

• Invoices of up to 100 euros (with VAT) or between 100-400 euros (with VAT) if approved by order of the Minister of Public Finance

• If administrative or commercial practice in the sector or technical conditions make it extremely difficult to comply with the contents of a normal invoice

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Also, in order to be able to deduct VAT, the invoice must have the registration code

for VAT purposes of the beneficiary.

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Vouchers that meet 2 conditions of a simplified invoice and if the giver of the good /

the service mentions the VAT registration code of the beneficiary on the voucher, VAT

can be deduced. It is also advisable that these receipts are accompanied by a tax invoice.

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Thus, although both documents contain almost identical information, in terms of

tax, they cannot be equated.

One document at a time...tax receipt, receipt, simplified invoice or e-invoice...

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In any case, Banqup is here to help you have more time for what

really matters at the end of the day - your business!

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