VAT payers, advance payments in instalments towards an encore: this time also for contributions
Pressure from the League with three amendments: two to the tax decree already aim to postpone the 30 November deadline, the one to the manoeuvre envisages increasing revenue thresholds
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Key points
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Tax and tax advances for VAT payers paid in instalments towards an encore. And if all goes well, self-employed persons and professionals with a turnover of up to EUR 170,000 will be able to repeat this year's choice of paying taxes to the tax authorities in relation to their economic availability by choosing not to pay their IRPEF, IRES or IRAP advances by 30 November (this year on 2 December because the 30th falls on a Saturday), but with a single payment by 16 January 2025 or, on the contrary, by spreading payments over five instalments from January to May 2025.
A success that, according to the League and in particular according to its 'putative father' Alberto Gusmeroli, could be replicated also in light of the openness to an extension made by Minister Giancarlo Giorgetti during question time at the Chamber of Deputies on Wednesday 13 November.
The minister's cautious opening
.In his reply to his party colleague Alberto Gusmeroli, the Minister for the Economy poured over the numbers of last year's experiment, emphasising that the measure 'was also received with great interest by intermediaries and professionals, because it allowed greater flexibility in planning tax expenditures for the self-employed'.
A total of 276,277 VAT registration holders chose to pay their advance payments in instalments, of which 83,233 were Irpef subjects and 193,044 were divided between minimum and flat-rate taxpayers. In all, they produced a cash shift of about EUR 600 million. However, the minister did not miss the opportunity to point out that an encore to this measure will be possible 'within the limits of existing financial availability'.
The League's new proposals
.There are at least three hypotheses for a repeat of the advance payments in instalments presented by the league. Two (with first signatory Massimiliano Romeo, the Carroccio's group leader in Palazzo Madama) are travelling as corrective measures already reported to the decree connected to the manoeuvre and under consideration by the Senate. The third, more ambitious, is an amendment to the budget law that looks to the future in a systemic manner.
