In DQ on 14 November 2024:
1) Capital goods: the loan closes the doors to the “Transition 4.0″ tax credit.
2) CDM: Composition with creditors and a national emergency fund
3) Agricultural tax credit Zes: sending communications to the Revenue Commissioners from 20 November 2024
4) Amendment of civil proceedings: Decree in the Official Gazette, recovery of debts by injunction, the effectiveness of suitable evidence also attributed to electronic invoices.
5) The Sustainability Auditor, the requirements and obligations of the new professional figure
6) Contingent income: green light for the tax benefit with the publication of the certified recovery plan in the Company Register
7) Christmas Bonus 2024: these are the bonus codes for F24
8) Wages of OTDs and ODIs in the agricultural sector
9) Ongoing training of statutory auditors: the CNDCEC publishes a MEF circular with further instructions on sustainability reporting and certification
10) the National Accountant Training Institute now offers the e-learning courses directly
Tax codes are established for use as compensation by tax withholding agents, via the F24 and F24 forms “Public bodies” (F24 EP), of the accrued credit as a result of the Christmas bonus payout referred to in Article 2-bis of the legislative decree of 9 August 2024, n. 113.
Christmas bonus for employees: F24 tax codes have been established to be used as compensation by tax withholding agents
L’Revenue Agency established tax codes for use as compensation by representatives
Copyright ©2024 – Reproduction protected by Commercialista Telematico srl
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How will the role of the Sustainability Auditor influence business practices in relation to tax compliance and sustainability efforts?
Interview between the Time.news Editor and Taxation Expert Maria Rossi
Time.news Editor: Welcome, Maria! Thanks for joining us today to discuss the recent changes in tax policies as outlined in the DQ announcement from November 14, 2024. It’s certainly a packed agenda. Could you start by explaining the significance of the new tax codes for the Christmas bonus?
Maria Rossi: Of course! The establishment of tax codes for the Christmas bonus is a crucial development for both employers and employees. These codes facilitate the process of compensation by tax withholding agents through F24 forms, making it easier to process these bonuses. It’s designed to streamline financial operations during the holiday season, ensuring that employees receive their bonuses promptly.
Time.news Editor: That sounds like a necessary step to simplify tax processes. The article also mentions the “Transition 4.0” tax credit. Can you elaborate on how the closure of loans may impact businesses involved in this transition?
Maria Rossi: Absolutely. The closure of loans to the Transition 4.0 tax credit indicates a significant policy shift. It means that businesses may need to reassess their financing strategies. Many companies rely on these credits to invest in digital transformation and innovative technologies. Without access to these loans, they might face challenges in funding essential upgrades, which could slow down overall progress towards modernization.
Time.news Editor: It’s a juggling act for many businesses, indeed. Then there’s the proposed changes related to civil proceedings and debt recovery. What implications do you foresee for businesses that might struggle with debt?
Maria Rossi: The amendments in civil proceedings that allow for recovery by injunctions will empower creditors significantly. Businesses that are struggling might find themselves at a disadvantage if they can’t manage their debts effectively. On the flip side, it could also encourage more prudent financial management and timely payments, as companies will need to consider the consequences of their debt more seriously.
Time.news Editor: Interesting dynamics at play! Now, let’s talk about the new professional figure of the Sustainability Auditor. What requirements and obligations are involved, and how does this shift reflect current market trends?
Maria Rossi: The introduction of the Sustainability Auditor is a response to the growing emphasis on sustainability and corporate responsibility. This role will require auditors to evaluate and certify sustainability reporting, ensuring that companies meet established standards. This shift is critical as investors and consumers alike are becoming increasingly concerned about the sustainability practices of the businesses they support, making it a vital area for compliance.
Time.news Editor: Sustainability is definitely a hot topic! Additionally, the article mentions a green light for tax benefits tied to certified recovery plans for contingent income. How do you envision this influencing business recovery strategies?
Maria Rossi: This is quite promising, especially for companies that are trying to rebound after financial setbacks. With the recognition of certified recovery plans, businesses will have a clearer path to accessing tax benefits that could significantly aid their recovery efforts. It aligns with current economic strategies that emphasize resilience and readiness for the future, encouraging more companies to adopt structured recovery plans.
Time.news Editor: As businesses navigate through these changes, ongoing training for statutory auditors seems vital. How important is this training in the context of evolving regulations, particularly regarding sustainability reporting and certification?
Maria Rossi: Ongoing training is absolutely essential. The landscape of regulations is constantly evolving, especially in areas like sustainability. For statutory auditors, staying informed about the latest standards and certification processes ensures they can provide accurate guidance to businesses. It’s about equipping them with the knowledge they need to help organizations not only comply but also thrive in today’s market.
Time.news Editor: Such a multifaceted overview! Lastly, with the Christmas bonus implementation and e-learning courses becoming available for accountants, what do you think is the overarching takeaway from these changes for employees and employers alike?
Maria Rossi: The overarching takeaway is that there’s a concerted effort towards creating a more efficient, transparent, and accountable financial environment. For employees, it means more timely bonuses and clearer regulations. For employers, it’s an opportunity to align their operations with contemporary sustainability standards and innovative financial practices. In essence, these changes encourage a more collaborative approach to economic growth and responsibility.
Time.news Editor: Thank you, Maria, for your insights! It’s clear that these developments in tax law and policy are set to shape the economic landscape in significant ways as we head into 2024. We appreciate your time!
Maria Rossi: Thank you for having me! It’s always a pleasure to share insights on such important topics.