Article 176 of Legislative Decree 19 May 2020, n. 34 (relaunch decree) has provided, for households with an ISEE income of not more than 40,000 euros, a credit to be used, from 1 July to 31 December 2020, for the payment of services offered nationally by tourist accommodation businesses, farmhouses and bed & breakfasts, the so-called holiday bonus.
With resolution no. 33 And of 25 June 2020 of the Inland Revenue, the tax code is established for the use in compensation, through model F24, of the tax credit due in relation to the discounts applied in favor of the beneficiaries of the Holiday Bonus, as well as additional and useful instructions.
The measure of credit
The holiday bonus is due to the maximum extent of:
- 500 euros for each family;
- 300 euros for families consisting of two people;
- € 150 for single-person households.
The credit can be used by only one member of the family and is due on condition that the expenses are incurred in a single solution in relation to the services rendered by a single supplier. The total amount must be documented with an invoice or with a receipt showing the tax code of the person who intends to use the credit.
The credit can be used to the extent of:
- 80 per cent in the form of a discount on the amount due, applied directly by the tourist structure, which will recover it later in the form of a tax credit to be used exclusively in compensation;
- 20 percent in the form of tax deduction when filing tax returns.
Holiday Bonus, Tribute Code
With resolution no. 33 And of 25 June 2020 of the Inland Revenue, the tax code is established for the use in compensation, through model F24, of the tax credit due in relation to the discounts applied in favor of the beneficiaries of the Holiday Bonus, as well as additional and useful instructions.
With the provision of the Director of the Revenue Agency of 17 June 2020, the methods for applying the aforementioned article 176 were defined, providing, in particular, that:
- the supplier must confirm the application of the discount through a special web procedure available in the reserved area of the Revenue Agency website;
- starting from the working day following the confirmation of the application of the discount, the supplier recovers the relative amount as a tax credit that can be used in compensation via the F24 form;
- for the purposes referred to in the previous point, the F24 form is presented exclusively through the telematic services made available by the Revenue Agency, under penalty of refusal of the payment operation. The tax credit used in
- offsetting cannot exceed the amount available, taking into account the uses already made or in progress and any assignments of credit to third parties, under penalty of rejecting the F24 model;
- as an alternative to the offsetting use, the tax credit can be transferred by suppliers, even partially, to third parties other than their own suppliers of goods and services, as well as to credit institutions or financial intermediaries. The tax credit not further transferred is used by the assignee in the same way as for the assignor.
In order to allow suppliers and any transferees to use the tax credit in compensation via the F24 form, the following tax code was established:
- “6915“Called”HOLIDAY BONUS – recovery of the discount applied by tourist-accommodation businesses, farmhouses, bed & breakfasts and the credit transferred – article 176 of the decree-law of 19 May 2020, no. 34 “.
When completing the F24 payment model, for the purpose of using it to offset the tax credit, “the aforementioned tax code is shown in the “Inland Revenue” section, in correspondence with the amounts indicated in the “compensated credit amounts” column, or, in the cases in which the taxpayer has to pay the facility, in the “paid debt amounts” column .
The 2020 value must always be indicated in the “reference year” field of the F24 model”.
The tax code “6915” is effective from 1 July 2020.
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