Form 347: your annual transactions with others.
Form 347 requires checking amounts and exclusions for each customer or supplier. Our professionals check which transactions must be reported and confirm the scope before preparing the summary for your approval.
Form 347 · Third-party transactions
An information return for each third party.
In general, it reports transactions with the same person or entity that exceed €3,005.06 in a calendar year. Exclusions and specific rules apply and must be checked before reporting.
Who needs to file it?
- Activities with reportable transactions above the annual threshold.
- Self-employed people with customers or suppliers whose amounts must be reported.
- Cases involving SII or other information returns: we check for exclusions.
Annual, with the required breakdown.
The standard deadline is in February for transactions from the previous calendar year. We confirm the exact date against the AEAT calendar and check whether a non-working day shifts it. Although many amounts are broken down by quarter, this is one annual information return with no payment due.
What we need to prepare it.
We gather the records and ask for anything missing before preparing the return.
- Income and expense records for the full year.
- Tax IDs and names of the customers and suppliers concerned.
- Amounts by third party and quarter, including VAT where applicable.
- Details of other information returns and SII, if applicable.
Your taxes, handled by professionals.
Before work starts, we confirm whether you must file Form 347 and whether it is within the agreed scope. Our professionals review the amounts and exclusions and prepare the draft. You approve the exact version in the app; Melso files it with the required authority and provides the actual AEAT receipt.
Before preparing this return.
In general, the full transaction amount, including VAT, is counted. It must exceed the annual threshold: exactly €3,005.06 is not above it.
Some transactions are excluded, including certain income already reported with the same details on other specific returns. A professional checks the exclusions before including each transaction.
People who keep their VAT books through SII for the entire year are exempt from filing Form 347. We check whether your situation meets the conditions for this exemption.
The return is annual. The breakdown shows when transactions took place, subject to the applicable rules and exceptions.
Official guidance from the AEAT.
Check the official instructions and filing calendar for your tax year and circumstances.
Take your next step with Melso.
Tell us about your situation. We confirm the scope before work starts.