Maneuver 2023, from tax authorities to pensions and Rdc: all measures

The budget law has received the go-ahead from the Chamber and passes to the Senate for the definitive go-ahead

From the enlargement of the flat tax audience to the cut of the tax wedge, to the tightening of the Rdc, pensions and the superbonus passing through a series of usual micro-regulations. The maneuver received the go-ahead from the Chamber and passes to the Senate for the definitive go-ahead by 30 December. These are the main measures.

TAX: FLAT TAX WIDER AND CUT. The audience of professionals and VAT numbers benefiting from the 15% flat-rate scheme is expanding: in fact, the threshold of revenues or fees to be entitled to the subsidy rises from 65,000 to 85,000 euros. Furthermore, up to 100 thousand euros, the incremental flat tax of 15% is applied on the difference between the increase and the highest income of the last three-year period. The Budget Law confirms the 2% contribution cut for incomes up to 35,000 euros and widens the scope for cutting the tax wedge to 3%, extending it to incomes up to 25,000 euros from the previous 20,000. Furthermore, the work package also includes the extension from 6,000 to 8,000 euros of the ceiling for de-contributions for young people, recipients of Rdc and fragile women.

WORK: RDC, REDUCTIONS AND SMARTWORKING. The squeeze on basic income is coming: the maneuver establishes that he will lose the benefit if the first job offer is rejected, even if this is not considered ‘fair’. With the amendment, on the other hand, the first proposal can be located in any location on the national territory or it may not be compatible with one’s abilities, but if not accepted it will lead to the end of the perception of the citizen’s income. Another novelty on the Rdc is that starting from 1 January 2023, the provision of basic income to young people between 18 and 29 will be conditional on the completion of the compulsory schooling process. News also arriving on smartworking: the smartworking regime for fragile workers is also extended until 31 March 2023, both in the public and private sectors. Parents of children under 14 are excluded.

PENSIONS: MINIMUM, REVALUATION AND WOMEN’S OPTION. Minimum pensions raised to 600 euros in 2023 for the over 75s. The automatic revaluation is instead reviewed for two years, rising from 80 to 85% for checks between 4 and 5 times the minimum, while for higher checks there will be a reduction in the percentage of the bracket. In detail, the indexation goes from 55 to 53% for pensions between 5 and 6 times the minimum, from 50 to 47% between 6 and 8 times the minimum, from 40 to 37% from 8 to 10, from 35 to 32% in checks exceeding 10 times the minimum. Women’s Option: female workers will therefore be able to retire early at the age of 60 only if they are caregivers, at least 74% disabled or made redundant or employees of companies with an open crisis table.

HOME: SUPERBONUS, VAT AND MORTGAGES. The deadline for presenting the Cilas and being able to take advantage of the 110% superbonus on building renovations has been extended to 31 December. The maneuver also introduces a deduction from the gross tax for Irpef purposes of 50% of the amount paid for the payment of VAT in relation to the purchase by 31 December 2023 of residential property units of energy class A or B On the mortgage side, on the other hand, it will be possible to renegotiate the mortgage by switching from a variable rate to a fixed rate for those up to 200 thousand euros with an Isee not exceeding 35 thousand euros and without payment delays.

FAMILY: FATHER’S LEAVE AND SINGLE ALLOWANCE. Parental leave rises from 30 to 80% and fathers will also be able to benefit from it. Increase family allowance for households with four or more children.

POVERTY: FOOD INCOME ARRIVES. The experimentation of ‘food income’ for those in absolute poverty is underway: the maneuver allocates a fund of 1.5 million in 2023 and 2 million in 2024 to distribute food parcels with unsold products.

EXPENSIVE-ENERGY: SOCIAL BONUS AND COMPANY DISCOUNTS EXTENSION. The maneuver allocates most of the resources (21 billion) to measures against the high bill, first of all by extending until 31 March the measures of the Aid decrees: the social bonus with the automatic discount for gas and electricity utilities of households with Isee up to 15 thousand euros per year; the zeroing of system charges in the bill; the refinancing of the tax credit on electricity and gas utility bills for companies will rise from 30 to 35%, for energy-intensive and gas-intensive companies from 40 to 45%. Furthermore, the VAT rate for consumption invoices for district heating services in the first quarter of 2023 will pass from 22% to 5% and that of pellets from 22% to 10% for the whole of 2023. The tax on extra profits will only be applied to company whose 75% of revenues are generated by activities in the sectors of production and resale of energy, gas and oil products. The contribution is due if at least 75% of the revenues of the tax period prior to the one in progress on 1 January 2023 derive from the activities indicated.

POS AND MINI-FOLDERS. Penalties remain for traders who do not accept payments with the Pos for purchases of less than 60 euros. In fact, the paragraph of article 69 which provided for the stop to fines has been suppressed. On the fines and taxes front, there will no longer be automatic cancellation for tax bills from 2000 to 2015 of less than 1,000 euros: only the interest will be canceled but the decision whether or not to cancel the tax and penalties will be up to the local authorities and would be operational from 31 March 2023.

BONUS: 18 YEAR OLD CULTURE AND PSYCHOLOGIST ON HAND. For 18-year-olds, the new Culture bonus arrives up to 1,000 euros as a sum of 500 euros for those with a family ISEE of up to 35 thousand euros and the other 500 euros in the event of a high school leaving certificate equal to 100 out of 100. The psychologist bonus becomes permanent and rises from 600 to 1,500 euros, with an Isee ceiling at 50 thousand euros.

THE MICRO-RULES: FROM THE WILD BOAR TO THE PRINCIPALITY OF MONACO. A regulation is being maneuvered which authorizes the hunting of wild boars in urban parks; then there are 2 million in refreshments for buffalo farmers affected by brucellosis and tuberculosis, 8 million for fishing and aquaculture and 2 million for vineyards affected by flavescence dorée. Taxes on Italian pensioners who worked in the Principality of Monaco are down: in fact, the tax rate on income and old-age insurance has gone from 23% to 5%. Then comes 1 million to the digital literacy fund for minors, ditto for the wildlife recovery fund.