Traceability

Manoeuvre 2025, expense tracking: how to get tax discounts by paying with a credit card

Traceability extended to taxis and entertainment expenses' is in fact an extension of the principle already in force for several years for other tax breaks, from building bonuses to expenses for private health visits

by Redaction Rome

IL SERVIZIO TAXI  TASSISTA TASSISTI STAZIONE TERMINI

2' min read

2' min read

Among other measures to combat tax evasion included in the manoeuvre is the extension of the traceability of expenses. For those such as the use of taxis or entertainment expenses, a credit card will be required for deductibility purposes.

Manovra, nuovo scontro in maggioranza sugli extraprofitti

Pos connected to the cash register

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But this is not the only anti-collection move that the next manoeuvre is preparing to launch. Because on the menu of interventions that should lead to an increase in tax compliance there is also the connection of the POS to the cash register in order to achieve an effective alignment between what is collected and the data transmitted to the financial administration. Outlining the framework that will be in place from 2025 was Deputy Minister of the Economy Maurizio Leo at the press conference on the manoeuvre.

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The other facilities with compulsory traceability

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The traceability extended to taxis and entertainment expenses' is in fact an extension of the principle already in force for several years for other tax benefits. Just think of what is already in place for building bonuses, where a 'talking money transfer' is required in order to qualify for deductions. But traceability has become compulsory from 2020 for a whole series of expenses entitling to the 19 per cent deduction. These include, for example, expenses for private health visits, real estate brokerage expenses for the purchase of a main residence, veterinary expenses, funeral expenses, and expenses for children's schooling and sports.

Tax allowance exploitable in 730

The aim is to strengthen the contrast of interests and thus the convenience of paying with e-money and asking for a receipt or tax document certifying the expenditure in order to then be able to take advantage of the tax rebate in the 730 or the income model.

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