Economy

No more balance and deposits but monthly installments – Corriere.it

VAT numbers, VAT payment method is about to change: what looks like a revolution announced by the Deputy Minister of Economy Laura Castelli. In the future, time is short, the settlement and advance payment system will be abolished twice a year and payments will be made in place in monthly installments. Regarding the change suggested by the association, there is also an affinity between Iv and M5S (which requires optional implementation). New advance payments may also come into effect Before the expected tax reform.

No cash flow tax

The idea is not new. A year ago, when Roberto Gualtieri sat at the Treasury, the owner of via XX Settembre said in Parliament that a major rewriting of the payments schedule was being considered, in the logic of overcoming the advances and balances mechanism to move towards a system based on certainty of timing, commitments and mitigation during the year of the amounts to be paid , calculated on the basis of How much have you already collected? with value added tax numbers. It was explained to him, who is also Laura Castelli, that a few months ago there was an in-depth study with the Revenue Agency to get around the existing system that is now outdated. The new system is specified cash flow tax It may require making no more than twelve arithmetic operations, but twelve arithmetic operations per year


Exit flat tax

But it may not be the only news coming from Self employed on a fixed rate basis. In fact, one of the hypotheses that Parliament and the government are studying is the gradual exit from flat tax al 15% For VAT figures with a turnover of more than 65,000 euros, in order to allow growth without excessive penalties. The self-employed who are self-employed working on a fixed rate basis – as described in Castelli, the 5S exponent – are forced to the threshold from which they pay a very high rate once they leave. We need to think of a gradual exit because otherwise you would be forced to not be allowed to be any bigger. The idea is under study by the financial committees. One hypothesis is to raise the public ceiling to €100,000 in revenue at a flat rate of 20% and could lead to a tax reform bill that the government will finalize by July.

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Thelma Binder

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