Manoeuvre, in addition to pensions skip Transition 4.0 and silence on severance pay for new hires

After a day of political wrangling, another night's work by the technicians has produced the new amendment to the manoeuvre, which arrived early in the morning in the Senate Budget Committee. The new text, the last 'mini maxi' for jargon lovers waiting for all the corrective measures to merge into the usual 'maxi amendment' of hundreds of paragraphs with the inevitable confidence question, also loses the refinancing of the incentives for Transition 4.0 companies and the Zes Unica del Sud, as well as the social security package that on Thursday evening brought the government one step closer to a crisis.

Tax rebates for companies that have invested in technology will return in the form of a decree law, next week according to the government's intentions. But first there will be another short-circuit to be resolved, overshadowed by the brawl over social security.
The problem is explained in detail in Il Sole 24 Ore on newsstands this morning. The measure was created to guarantee tax credits to companies that after having asked for the Transition 5.0 rebates (yes, 5.0, it is not a mistake and in the next lines you will understand why) were excluded because in the remodulation of the NRP agreed with the EU, the Government reduced the funds from 6.4 to 2.6 billion. The waiting list, according to the Ministry of Enterprise's updated calculations, included applications for 1.7-1.8 billion, but the government's corrective measure withdrawn during the night only provided for 1.3 billion. How come? In short, the companies abandoned by Transition 5.0 would have been granted the discounts of Transition 4.0, inferior not only in the name but also in the extent of the tax benefits.
In addition to the refinancing, the coverage generated by the maxi advance of 1.3 billion charged to insurance companies, called upon to pay 85% of the mandatory contribution to the National Health Service each year in advance, also exits from the manoeuvre. But the whole game, it was said, should return in the near future in a new decree law, with the necessary corrections.

In the meantime, the incendiary social security paragraphs disappear as expected, with the lengthening of the windows for early retirement in addition to the cuts to degree redemptions already dropped a few hours earlier. Also disappearing, at least for the time being, is the mechanism of the silence of consent on the severance pay of newly hired employees and the enlargement of the group of companies that would have had to pay their employees' severance pay to the INPS.

But since the surprises of the manoeuvre never end, the original hypothesis of a withholding tax to be paid by companies on every invoice when dealing with other companies or professionals (business-to-business transactions) is back in the Executive text. The full measure, with a rate of 1% and 1.469 billion in annual revenue, will make its debut in 2029, but will be anticipated in 2028 by a prologue with a rate (0.5%) and revenue (734.5 million) halved.