Glossary entry (derived from question below)
Romanian term or phrase:
TVA la incasare
English translation:
VAT upon/on collection
Added to glossary by
Nina Iordache
Jun 22, 2013 12:56
10 yrs ago
34 viewers *
Romanian term
TVA la incasare
Romanian to English
Bus/Financial
Business/Commerce (general)
pe o factura fiscala
Apare sub datele facturii in stanga.
As putea spune VAT on collection? Nu e prea general, prea nespecific?
As putea spune VAT on collection? Nu e prea general, prea nespecific?
Proposed translations
(English)
| 4 +1 | VAT upon/on collection |
wordbridge
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| 4 +1 | VAT cash accounting / VAT on cash receipts |
George C.
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| 5 | Cash accounting scheme |
Monica Rightenour
|
Proposed translations
+1
13 mins
wordbridge
Romania
Romania
Native in Romanian
Works in field
Romania
Not Just Words...
Native in: Romanian
Works in: English to Romanian, Romanian to French, French to Romanian, and 1 more.
Related KudoZ points
:
13
Selected
VAT upon/on collection
eu asa il traduc ...
Reference:
http://ec.europa.eu/taxation_customs/common/consultations/customs/customs_clearance_2010_en.htm
Note from asker:
| Da, multumesc, asa cred si eu! |
Peer comment(s):
| agree |
Sandra & Kenneth Grossman
: Liable to VAT on receipt of payment/on colection (BTW, n-am inteles referinta)
36 mins
|
|
multumesc! referinta am pus-o pentru intelegerea mecanismului de colectare al VAT, la nivel UE.
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4 KudoZ points awarded for this answer.
Comment: "Multumesc frumos pentru raspuns!"
+1
39 mins
VAT cash accounting / VAT on cash receipts
Alternativ și VAT on cash received, dar prima variantă e cea mai comună.
"la încasare" nu se referă la încasarea TVA, ci la faptul că TVA se plătește nu la emiterea facturii, ci la încasarea plății pentru bunurile/serviciile vândute și facturate.
V. comunicatul Comisiei Europene cu privire la aplicarea noilor reglementări din Directiva ref la TVA și prevederile din UK
http://europa.eu/rapid/press-release_IP-12-1377_en.htm?local...
https://www.gov.uk/vat-cash-accounting-scheme/overview
http://www.taxonline.ro/en/news/the-academy-at-pwc-vat-cash-...
"la încasare" nu se referă la încasarea TVA, ci la faptul că TVA se plătește nu la emiterea facturii, ci la încasarea plății pentru bunurile/serviciile vândute și facturate.
V. comunicatul Comisiei Europene cu privire la aplicarea noilor reglementări din Directiva ref la TVA și prevederile din UK
http://europa.eu/rapid/press-release_IP-12-1377_en.htm?local...
https://www.gov.uk/vat-cash-accounting-scheme/overview
http://www.taxonline.ro/en/news/the-academy-at-pwc-vat-cash-...
Peer comment(s):
| neutral |
Sandra & Kenneth Grossman
: Cash on accounting mi se pare un sistem specific UK. Nu l-as folosi.
12 mins
|
|
Am adăugat la discuţii referinţe. VAT on collection e cel puţin ambiguu. VAT chargeable on receipt of payment e mai transparent, însă nu e termenul de specialitate. Oricum nu e vorba aici de colectarea TVA, la care trimite linkul postat de wordbridge
|
|
| agree |
Monica Rightenour
: Cash accounting scheme/ system
3 hrs
|
1 hr
Monica Rightenour
Native in Romanian
&
English
Specializes in field
Transl English/French/Italian/Romanian
Native in: English (Variant: US) 
, Romanian
Works in: French to English, Italian to English, Romanian to English, and 5 more.
Cash accounting scheme
The Invoice must reflect the choice of "cash accounting scheme" as opposed to being liable for VAT payment at the date of the Invoice.
This system has 2 aspects - not only how long the VAT can be deferred, but also when one can deduct VAT.
http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPort...
1.3 What is the cash accounting scheme?
The scheme allows you to account for VAT (output tax) on your sales on the basis of payments you receive, rather than on tax invoices you issue. This is different from the normal rules that require you to account for VAT on your sales when you issue a VAT invoice, even if your customer has not paid you.
However, if you choose to use the scheme, you can only reclaim the VAT incurred on your purchases (input tax) once you pay your supplier. Under the normal method of accounting for VAT you can reclaim VAT on purchases you make as soon as you receive a VAT invoice even if you have not paid your supplier.
Starting with 1 Jan 2013, MF allows the payment of VAT at the date of collection. This is important change because the company was liable to pay VAT at the date of the Invoice.
http://www.anaf.ro/public/wps/portal/!ut/p/c0/04_SB8K8xLLM9M...
(8) Începând cu data de 1 ianuarie 2013, persoanele impozabile care se înregistrează în scopuri de TVA conform art. 153 alin. (1) din Codul fiscal au obligaţia, conform prevederilor art. 134^2 alin. (3) lit. b) din Codul fiscal, să aplice sistemul TVA la încasare începând cu data înregistrării în scopuri de TVA, cu excepţia persoanelor impozabile exceptate de la aplicarea sistemului prevăzute la alin. (2). Organele fiscale competente înregistrează din oficiu aceste persoane în Registrul persoanelor impozabile care aplică sistemul TVA la încasare, conform prevederilor art. 156^3 alin. (13) din Codul fiscal.
This system has 2 aspects - not only how long the VAT can be deferred, but also when one can deduct VAT.
http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPort...
1.3 What is the cash accounting scheme?
The scheme allows you to account for VAT (output tax) on your sales on the basis of payments you receive, rather than on tax invoices you issue. This is different from the normal rules that require you to account for VAT on your sales when you issue a VAT invoice, even if your customer has not paid you.
However, if you choose to use the scheme, you can only reclaim the VAT incurred on your purchases (input tax) once you pay your supplier. Under the normal method of accounting for VAT you can reclaim VAT on purchases you make as soon as you receive a VAT invoice even if you have not paid your supplier.
Starting with 1 Jan 2013, MF allows the payment of VAT at the date of collection. This is important change because the company was liable to pay VAT at the date of the Invoice.
http://www.anaf.ro/public/wps/portal/!ut/p/c0/04_SB8K8xLLM9M...
(8) Începând cu data de 1 ianuarie 2013, persoanele impozabile care se înregistrează în scopuri de TVA conform art. 153 alin. (1) din Codul fiscal au obligaţia, conform prevederilor art. 134^2 alin. (3) lit. b) din Codul fiscal, să aplice sistemul TVA la încasare începând cu data înregistrării în scopuri de TVA, cu excepţia persoanelor impozabile exceptate de la aplicarea sistemului prevăzute la alin. (2). Organele fiscale competente înregistrează din oficiu aceste persoane în Registrul persoanelor impozabile care aplică sistemul TVA la încasare, conform prevederilor art. 156^3 alin. (13) din Codul fiscal.
Peer comment(s):
| neutral |
Sandra & Kenneth Grossman
: Raspunsul asta a fost deja dat mai sus - e un sistem speicific Uk. VAT la incasare se practica si in alte tari//Am mari indoieli ca asta apare sub datele facturii.
1 hr
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http://www.tmf-vat.com/tmf-in-the-media/imf-agreement-to-vat... IMF response on a VAT cash-accounting scheme to prop up Romania’s large SME sector was positive with agreement in principle to the proposal.
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Discussion
http://www.pwc.com/en_US/us/tax-services-multinationals/news...
Romania
A number of changes to the VAT system took effect from January 1, 2013, includingthe introduction of a new VAT cash accounting scheme.
http://www.deloitte.com/assets/Dcom-Romania/Local Assets/Doc...
http://www.byrnemccall.ie/byrnemccall/main/Vat.htm
http://www.kpmg.com/RO/en/IssuesAndInsights/ArticlesPublicat...
Where relevant, the following terms are required to be included in the VAT invoice:
“autofactura” (i.e. self-billing);
“taxare inversa” (i.e. reverse charge);
“regimul marjei – agentii de turism“ (i.e. margin scheme – travel agents);
“regimul marjei – bunuri second-hand“ (i.e. margin scheme – second hand goods);
“regimul marjei – opera de arta“ (i.e. margin scheme – works of art);
“regimul marjei – obiecte de colectie si antichitati“ (i.e. margin scheme – collector’s items and antiques);
“TVA la incasare” (i.e. VAT cash accounting).
Se poate reformula şi ca VAT chargeable on receipt of payment sau similar, deşi cele trei variante date la răspuns sunt cât se poate de corecte.