Truce in August for the tax authorities. And the government is preparing the reform – Also this summer no notifications of the tax bills but the payments of the fiscal peace will start again in installments. The Sostegni bis decree converted into law has, in fact, rewritten the calendar of tax deadlines and, to provide clarification on the upcoming news, is the Revenue-Collection Agency in a sort of guide for taxpayers. The deadline for the suspension of the payment of all tax and non-tax revenues deriving from payment notices has been postponed from 30 June to 31 August 2021, executive assessment notices and INPS debit notices entrusted to collection agents. The payments of the deeds, which should have been made from 8 March 2020 (20 February for taxpayers based in the municipalities of the first red zone established by the Dpcm 1 March 2020) to 31 August 2021, must therefore be paid by 30 September.

The suspension also concerns the payment of the installments of the extension plans, expiring in the same period (for the subjects of the first red zone, the suspension began on February 21, 2020). The precautionary and executive procedures such as administrative stops, mortgages and foreclosures are also suspended until 31 August. Even those on salaries, wages, and pensions.

The payments, in installments, of the fiscal peace start again

The new terms for the payment of the four installments of the “scrapping-ter” and the two installments of the “balance and excerpt” expected in 2020 and not yet paid are reopened: late taxpayers will have the possibility to dilute the payments over several months. The law, modifying the first Sostegni decree which provided for the payment in a single solution by 31 July, allows you to make the payments of the 2020 installments still due, dividing them in the months of July, August, September and October 2021, without losing the facilities provided. .

The first appointment is therefore set for next 31 July (which being a Saturday will be postponed to 2 August) when the installments due on 28 February 2020 (for scrapping-ter) and 31 March 2020 (for the balance and excerpt) will have to be paid.. The installment expired on May 31, 2020 (scrapping-ter) must be paid by 31 August; by 30 September 2021 the installments due on 31 July 2020 must be paid (scrapping-ter and balance and excerpt); the installment expired on November 30, 2020 (scrapping-ter) must be paid by 31 October 2021. The terms for the payment of the installments for February, March, May and July 2021 remain confirmed, which must take place by November 30th. In all cases, a tolerance of 5 additional days is allowed.

The government is working on reform

The summer fiscal truce will start just as the government is working on the enabling law which, according to the schedule of the National Recovery and Resilience Plan, should be presented by July. However, the executive has already made it known that it will need a few more days to finalize the bill that will be built on the basis of the guidelines provided by the Finance Committees of the House and Senate. The proxy law should therefore arrive in the CDM in early August.

The direction of travel was indicated in Parliament by the Minister of Economy, Daniele Franco: goodbye to Irap, remodeling of VAT rates, wedge cut, a single tax code and no assets. The goal is to build a new, more progressive but gradual IRPEF system. In fact, the node remains the resources. As Franco explained, a deficit reform cannot be carried out. At the moment there are 2-3 billion on the plate but the budget law will be the place to define the actual coverage.

And the unknown Covid requires maximum prudence in order not to put the accounts at risk. Time is running out and, despite the compromise reached in Parliament, strong divisions remain between the political forces on the tax side. The delegating law should therefore contain only indications of principle, while the thorniest issues will be deferred to the delegated decrees.

Parliament in its proposal has already indicated the way by asking to reduce the income tax for taxpayers of the third income bracket (between 28,000 and 55,000 euros), to overcome the IRAP, to simplify the IRES and the VAT legislation, and to cut micro taxes.



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