The decree for the implementation of the NRRP (National Recovery and Resilience Plan) has increased penalties for undeclared work by 30%, as indicated in Article 29 of Legislative Decree 19/2024 effective since March 2nd and currently being examined by the Chamber to be converted into law. The amounts of the fines, divided into bands, are […]
In light of the innovation represented by the institution of the two-year arrangement with creditors, for the first year of application of the relevant legislation, there is an extended deadline for taxpayers to adhere to the composition. This deadline of October 15th 2024 coincides with tax return filing for the 2023 tax period. Arranged obligations: […]
The employer’s reimbursement of rent costs and interest on the mortgage of the worker’s main residence will be exempt from taxes and social security contributions, with a new facilitated taxation on loans. These are the main topics covered by Circular 5/2024 of the Italian Revenue Agency. This year, fringe benefits will not concur to the […]
The new provisions to counteract irregular procurements, present in the decree-law 19/2024, redefine the concept of fraudulent administration, established more than twenty years ago by the Biagi law and subject to numerous corrective actions which led to its repeal. In the new decree, the fraudulent administration emerges as the tipping point in various illicit situations […]
For the benefit definition of the sum registered in the role, c.d. quarter scrapping that allows to pay in instalments the sum registered in the role without application of sanction nor interests, it was foreseen that the taxpayer would pay the first instalment by the 31st of July 2023 and the second instalment by the […]
The Legislation Decree n. 216 of the 30th of December 2023 has implemented the first module of the IRPEF reform and of other measures related, as established by the Enabling Law n. 111 of the year 2023: via Circular n. 2 of the 6 February 2024, the Agency of Revenue has given clarification on the […]
The budget law 2024 (law 213/2023) provides the decontribution for working mothers who meet the requirements. The purpose of this law is to help working mothers by giving them a net increase in their payslip. This is possible thanks to the reduction of the contribution from the dependent. It has been decreeded that for the […]
Since 2023, construction companies will benefit from a contribution reduction. INPS has provided directions on how to apply for the benefit in its circular 13/2024. The decree of the Minister of Labor of the 13th of December 2023 has fixed the reduction of the 11,50% as it was the preceding year. This benefit is for […]
The cc. 16 and 17 of article of 1 of Law 213 of the 30/12/2023 (budget law of the 2024) dictate the new limits imposed on the exemption of benefits for the year 2024, which would ordinarily be taxable. The aforesaid is possible because of the derogation at the limit of article 51 of the […]
For those businesses that do not use international accounting standards for their financial statements, it has been introduced the possibility to adapt their fiscal existence of their warehouse as indicated on article 92 of the Tuir. The adaptation, limited to the tax period 2023, can be carried out through the elimination of the initial existence […]
