Transfer of shares
Form of the deed, checks before signing, setting the price and taxation of the capital gain.
Areas served · North-eastern suburbs
Accountant for Settimo Torinese
Looking for an accountant in Settimo Torinese? The practice is based in Turin, at via Sant'Antonino 52, and works by appointment only. For a business the distance matters little: bookkeeping, returns and financial statements travel online, and what really counts is having the figures when you need them.
01 · The annual cycle
Bookkeeping, VAT and tax returns
The north-eastern part of the Turin suburbs has a well-established base of small and medium-sized businesses: manufacturing, logistics, business services, subcontracting. In these firms the accounts are already structured, and what makes the difference is how quickly the figures come back to you.
- Ordinary or simplified accounting: the choice is not only about compliance, it determines whether income is calculated on an accruals or a cash basis.
- VAT settlements and LIPE returns (the quarterly VAT communications): monthly or quarterly, with the deadline calendar managed by the practice.
- Annual VAT return, including the decision on what happens to any credit: carry forward, offset or refund.
- Electronic invoicing: the data flows feed the accounts, but classifying them is still a matter of judgement.
- Company tax returns and the obligations of a sostituto d'imposta (withholding agent).
VAT credit that builds up without being used is idle cash. Carrying it forward, offsetting it and claiming a refund have different requirements and timing, and the choice is made in the return: it is worth making it deliberately, not out of inertia.
02 · Year end
Financial statements, notes and filing
The financial statements are not just an obligation towards the Registro Imprese (Companies Register): they are the document on which banks, established suppliers and counterparties build their view of the business.
Preparation
Closing the books, stock, depreciation, accruals and prepayments, valuation of receivables.
Notes to the accounts
The part that explains the figures. It is what anyone assessing creditworthiness reads first.
Approval
Shareholders' meeting within the deadlines set by the articles of association and the Civil Code, with correct minutes.
Filing
Submission in XBRL format within thirty days of approval, having passed the consistency checks.
Notes copied from the previous year are the most common mistake and the most visible one. Readers look for exactly what those notes leave out: sureties given, debt maturities, disputes, dealings with related parties.
03 · The organisational duty
Adequate structures and monitoring
The Italian Civil Code requires every business operating as a company to set up an adequate organisational, administrative and accounting structure, designed to detect a crisis in good time. It is not an obligation reserved for large companies: it also applies, proportionately, to an SRL (limited company) with a handful of staff.
- Accounts updated at least quarterly, not only at year end: it is the basis for everything else.
- Interim income statement and balance sheet, even a brief one, compared with the previous period.
- Six-month cash forecast, updated regularly: expected receipts, certain outgoings, tax and contribution deadlines.
- Monitoring of tax and social security debts, with overdue amounts clearly shown.
- Documented periodic check by the board or director: without a record, compliance cannot be shown.
- The dedicated page explains what is actually needed in a small company.
The signal that matters most
VAT used to fund day-to-day running costs.
- It is money collected from customers on behalf of the State, not revenue of the business
- Putting off the payment brings immediate relief and makes the following months worse
- Above certain annual thresholds the matter also becomes a criminal one
- It is the indicator that most often comes before a full-blown crisis
04 · Changes
When the company structure changes
These are transactions that happen once or twice in the life of a business, and for that very reason they are where most mistakes in approach are made.
Becoming a company
Transferring the sole proprietorship into an SRL, with a sworn valuation and transfer of contracts and relationships.
Profit distribution
Resolution, available reserves, withholding tax and comparison with director pay.
Liquidation
Winding up, appointment of the liquidator, distribution and removal from the register, with the liabilities that remain afterwards.
Business plan
To access credit, apply for grants or bring in a partner.
Taking over
Handover of the accounts from another practice, with no break in obligations.
05 · CAF services
Also for people without a business
The practice is also a Centro Raccolta Dati of CAF CGN (an authorised tax assistance centre), office no. 60316: tax returns, ISEE (the Italian means-test indicator), Assegno Unico (the universal child allowance) and INPS (Italian social security) procedures for people living in Settimo Torinese.
- IMU and the municipal surcharge follow the decisions of the Comune di Settimo Torinese, with its own authority code on the F24 (the Italian tax payment form).
- School meals, nursery and school services apply ISEE bands set locally.
- Social bonuses and the Assegno Unico follow national rules, the same everywhere.
- The ISEE is a national certificate: what changes are the thresholds each body applies to that figure.
06 · In practice
Working with an accountant from Settimo Torinese
The office at via Sant'Antonino 52, in Turin, is not open to the public: you come in only by agreed appointment. For a business, though, the work is almost entirely online.
- The data flows arrive by themselves: electronic invoices, daily takings, bank transactions.
- Documents and supporting papers are sent by email or uploaded; nothing to hand over in person.
- Periodic accounts and a personalised deadline calendar arrive before the deadlines, not after.
- Meetings by video call for year end, the financial statements and decisions that need discussion.
- At the office when it makes sense to meet: planning an extraordinary transaction or a first meeting.
Frequently asked
The questions that keep coming up
My SRL is small. Do I really need adequate structures?
Yes, the obligation applies to businesses run as companies whatever their size. What changes is the proportion: for a minimal structure, up-to-date accounts, a cash forecast and a documented periodic check are enough.
Demanding large-company procedures would be out of proportion. Non-compliance means having nothing and being unable to show otherwise.
Can I change accountant partway through the year?
Yes, at any time. You need a takeover letter and the handover of the accounting records, which the practice arranges directly with the outgoing accountant.
The most convenient moment is after a VAT period has closed, so as not to split a settlement in two. The dedicated page explains the timing and the documents.
How often will I receive my company's figures?
At least quarterly, with an income statement and balance sheet compared with the previous period. More often on request.
It is the same information needed for adequate structures: producing it once and using it for both purposes is the way to stop it becoming yet another obligation.
Do you also handle the 730 for the company's employees?
Yes. The practice is a Centro Raccolta Dati of CAF CGN and handles tax returns, ISEE and INPS procedures, including for people who have no connection with the business.
For companies that request it, sessions dedicated to employees can be arranged during the tax return period.
Let's talk
Useful accounts are the ones you read during the year
If they only reach you in June with last year's financial statements, they have met an obligation. They have told you nothing about how things are going.