First March, then April and May and, from time to time, the deadlines for the payment of tax has been extended to give Italian families some breathing space after this lockdown period to contain the advance of the pandemic of Covid-19.
On July 20, however, the taxpayers, extricating themselves together with the accountants and to the Caf in this “hodgepodge” of tax obligations, they will finally have to pay taxes despite the fact that the social partners and accounting professionals have repeatedly asked, as mentioned in an article by IlGiornale.it the government to stall, providing certain dates to allow everyone to organize themselves to pay the amounts due without this creating administrative traffic jams and above all, without it becoming a sudden drain on taxpayers.
With the latest decree, in fact, the government and the Ministry of Economy and Finance have decided an extension of an extension to July 20 for the payments of personal income tax, IRES e VAT, expiring on 30 June, and which will involve around 4.5 million Italians. A delay of only 20 days to comply with the tax obligations at your expense.
In the past few months taxpayers, Caf and accountants, as the President of the Order of Accountants points out Miani, have been grappling with the “suspension of tax and social security contributions (checks on decreases in turnover, thresholds of revenues / fees, etc.); requests for funding for access to corporate liquidity measures; applications for layoffs, one-time allowances and other bonuses for employees; applications for one-off benefits paid by pension funds; assistance for the use of new tax credits (rent and rents, increased bonus and earthquake, sanitation and purchase of dpi, adjustment of work environments, holidays, bicycles, etc.), not to mention assistance on protocols for the reopening of activities and, lastly, on the applications for the request for the non-refundable contribution“.
A mass of interventions and fulfilments which, according to Miani “hyear inevitably subtracted the time necessary for the preparation of the declarations and to determine the amounts of the payments of the 2019 balances and the first advances 2020 relating to income tax and IRAP (in the latter case, only for the subjects not excluded from these payments pursuant to article 24 of decree-law n.34 of 2020)“.
Furthermore, the request for extension drew “gjustification by the financial difficulties of most taxpayers, as well as by the need for professional firms to carry out the prodromal activities to these payments with due serenity and professional diligence, but also by the observation that last year a similar extension of the terms was arranged for the simple delay in the elaboration of the new Isa that is not even remotely comparable to the situation of serious and exceptional emergency that occurred this year“.
Nothing done, however, and next July 20 will be a “black stamp” but better get in order by that date, also because those who had to pay from the next day until August 20 will have to pay everything with an increase (a late payment) of 0 , 4% and in these times every euro has a huge value in the budget of Italian families.
But let’s go in order and see the list of upcoming deadlines after the one already passed by July 16, the date by which the VAT payment must have been made for June 2020 and payment of the tax due.
The July 20 is the topical day on which you will have to pay:
- Stamp duty: this is the payment due to electronic invoices issued, without VAT, in the first quarter (January-March 2020) and in the second quarter (April-June 2020) but only if the stamp duty is greater than 250 euros ;
- 2020 income model: this tax deadline relates to payments relating to VAT, personal income tax (including additional), substitute tax for minimum and flat-rate taxpayers, dry coupon, Ivie, VAT;
- 2020 income model for partnerships: they must make payments relating to VAT and substitute taxes;
- Payment of the Cciaa right due for 2020;
- Payment of the 2019 balance and of the first installment of the 2020 advance payment of social security contributions on income exceeding the minimum required for those who are registered in the INPS Management traders – artisans section;
- Payment of the 2019 balance and the first installment of the 2020 advance of social security contributions by professionals not referable to a professional social security fund;
- Payment of the final tax resulting from the annual return for 2019 with an increase of 0.4% per month from 16 March (2%);
- Payment of VAT due on higher revenues / fees declared for the purpose of improving the fiscal reliability profile.
The 23 July it will be sent toRevenue Agency of the 730 Models (730-1, 730-3 and 730-4) and the delivery to the taxpayer of the 730 Models including the 730-3 settlement prospectus for the declarations presented to the intermediaries between 21 June and 15 July 2020. By July 27instead, the electronic presentation of the Community VAT for the payment of the taxes due will be made.
From July 30 the increases of 0.4% of what had to be paid 10 days before will start, while next July 30th will be another “red dot” day, in which the following will be carried out:
- for the Capital companies, the payment of the taxes resulting from the declaration of the companies subject to IRES must be made with the year coinciding with the calendar year;
- the payment of taxes resulting from the declaration of the companies subject to IRES with the year coinciding with the calendar year;
- the electronic transmission to the Inland Revenue of the communication relating to the second quarter of April-June 2020 regarding the subject invoices and the Esterometer.
Be careful to pay everything in time, because from 20 July to 20 August, the last date to be in order, the late payment will be paid.
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