A hot phase is approaching for taxpayers. Among the payments that have been extended in recent months due to Covid and the ordinary obligations foreseen by the calendar, from next Wednesday until the end of the month, Italians will have to extricate themselves from a real fiscal jungle consisting of 270 deadlines.
It must be said that taxpayers will not be called upon to meet all these deadlines, but between payments, communications, obligations, industrious repentance, declarations and requests to be presented to the Treasury, we will be forced to spend very stressful days. This was reported by the CGIA Studies Office.
Among the payments in particular, VAT, social security contributions, IRES, IRAP and the balance / advance income tax (the latter for those who have opted for installments), and so on. The most difficult day will be next September 16 when the taxman will ask us for 187 payments and the presentation of 2 communications and 3 obligations.
“From next Wednesday – says the coordinator of the Studies Office Paolo Zabeo – a real fiscal marathon will start. For 15 days we will have no respite and businesses, especially small ones, will be subjected to a heavy levy. The tangle of deadlines stretched by the Treasury will leave us no way out and pending tax simplification and the much-needed tax cut, the only certainty we can count on is that once again we will have to put a heavy hand on our wallet “.
Cut taxes and give more credit
The CGIA points out that the need for a simpler, less expensive and fairer tax system is now felt by everyone. Above all by national political leaders, even if in the last 20 years the promises have not followed the facts.
“Only with a drastic tax cut and a strong injection of liquidity – declares the secretary Renato Mason – can we concretely help the world of micro and small businesses. Otherwise, we risk an unprecedented death that will desertify many production areas and as many historic centers of both small and large cities, undermining the social cohesion that in this country is the pillar on which our economy is based. To avoid all this, however, we must act quickly. Many artisans and small traders are exhausted and can still recover if we are able to give them answers in a reasonably short time. That is, allowing him to pay much less taxes, to have a less oppressive bureaucracy and to have sufficient financial resources to overcome this situation of serious difficulty ”.
For the deadlines postponed to September 16, payments are facilitated
Among the 187 payments to be honored by next Wednesday (16 September), 13 are those that have been suspended in recent months following the health crisis caused by Covid. Please note that with the August decree (in the process of converting the law) a further partial extension is envisaged for these 13 deadlines according to the following methods: 50 percent of the amount due can be paid in a single solution by 16 September or in 4 monthly installments of the same amount (the first of which is on September 16th); the remaining 50 percent of the amount due can be paid in installments in a maximum of 24 monthly installments of the same amount, with the payment of the first installment starting from 16 January 2021.
In the last 40 years, taxes have increased by 11 points
The CGIA Studies Office has also reconstructed the historical series of the tax burden recorded in Italy. Over the past 40 years, the latter has risen by 11 percentage points. If in 1980 it was 31.4 per cent, in 2019 it stood at 42.4 per cent. In this period, the peak was reached in 2013, when the withdrawal reached the threshold of 43.4 percent. Level reached following the tightening of taxation imposed by the Monti government which reintroduced the tax on the first home, increased INPS contributions on self-employed workers, tightened the tax levy on capital properties, revised up the car tax, and etc.