Bonus 1000 euros, professionals on a flat-rate basis must determine the actual costs - InvestireOggi.it

With the circular no. 25 of 20 August 2020, the Revenue Agency provides new and useful clarifications relating to the provisions of the “Relaunch” decree. The clarifications, in the form of answers to frequently asked questions (FAQ), were requested by several parties: trade associations, regional directorates, operators and taxpayers.

As part of the measures introduced in the field of labor and social policies, Hades focuses on the compensation for workers damaged by the epidemiological emergency from COVID-19 and, in particular, the compensation for the month of May 2020 equal to 1000 euro in favor of freelancers with a VAT number on a flat-rate basis.

Bonus 1,000 euros for professionals: the criterion for determining the income provided for by the relaunch decree

Regarding thecovid allowance for freelancers (bonus 1.000 euro), it is asked whether the criterion for determining the income envisaged by the relaunch decree, “identified according to the cash principle as the difference between the revenues and fees received and the expenses actually incurred in the period concerned and in the exercise of the activity, including any depreciation charges“Must also be applied in the event that professionals are holders of tax regimes that are not obliged to analytically determine operating costs, such as the minimum regime or the flat-rate regime.

In particular, it is requested to confirm whether the same simplification can be maintained for the purposes of determining income as a condition for accessing the 1000 euro bonus, and therefore whether the difference in income can be measured by applying the flat rate percentage to the remuneration received in the two months concerned. 78 percent required by law.

The measurement of income is independent of the accounting regime adopted by the professional

The response of the Ade is negative, in relation to the methods of determining the reduction in income of at least 33 percent suffered by freelancers with an active VAT number as of May 19, 2020 (and registered in the separate management), the provision establishes that: “the measurement of the difference in income and the allocation of the new allowance is independent of the accounting regime adopted by the professional (be it ordinary regime or flat-rate regime)”.

The flat-rate regime is relevant only for the purposes of determining the tax due by the professional and the accounting simplifications also envisaged for the purposes of direct taxes.