Voluntary Tax Regularisation
We manage the regularisation of errors or omissions in tax returns through voluntary disclosure, the main tool for reducing penalties and interest before a formal audit.
Service details
Voluntary regularisation (ravvedimento operoso) is the tool that Italian tax legislation makes available to taxpayers to spontaneously rectify errors, omissions or late tax obligations, benefiting from significantly reduced penalties compared to ordinary ones. Studio CITI snc manages voluntary regularisation with the utmost expertise, calculating penalties and interest with precision and ensuring the procedure is completed within the correct timeframes.
The reduction in penalties depends on the timeliness of the regularisation. There are several types with progressively increasing penalties: sprint regularisation (within 14 days): penalty of 1.5% of the unpaid tax; short regularisation (from the 15th to the 30th day): 1.67%; intermediate regularisation (from the 31st to the 90th day): 1.95%; long regularisation (over 90 days but within one year): 3.75%; biennial regularisation (between 1 and 2 years): 4.29%; ultra-biennial regularisation (over 2 years): 5%. Legal interest calculated on the delay period is added to these penalties.
Voluntary regularisation can be used to rectify: late payment of taxes (VAT, IRPEF, IRAP, contributions), late filing of returns, errors in already-filed returns, failure to invoice, and failure to record transactions in accounting registers.
It is not possible to use voluntary regularisation when the Revenue Agency has already initiated a tax audit of the taxpayer or has notified acts of assessment or contestation relating to the violation to be regularised.
Frequently asked questions
I forgot to pay November's VAT: can I still use voluntary regularisation? +
Yes, regularisation is possible until the Revenue Agency has initiated an audit or notified an act of assessment relating to that specific violation. The sooner you act, the lower the penalty: within 14 days you pay 1.5%, within 30 days 1.67%, within 90 days 1.95%. The firm calculates the exact amount to be paid and prepares the F24 form with the correct tax codes.
Can I use voluntary regularisation for errors in an already-filed tax return? +
Yes. If you realise you made errors or omissions in an already-filed return, you can file an amended return and pay any additional taxes with voluntary regularisation. The penalty depends on when you file the amendment: if the filing campaign is still open (e.g. by 30 November), the penalty is reduced. The firm verifies the situation and prepares the corrective return.
Does voluntary regularisation apply to unpaid INPS contributions as well? +
No. It is not permitted. INPS will directly calculate the penalties and interest due and send the notice to the taxpayer.
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