(Finance) – For the VAT numbers with revenues or compensation up to 170 thousand euros the deadline for payment of the second Irpef advance installment postponed to 16 January 2024 compared to the original date of 30 November 2023. This was announced by the Revenue Agency, which today published clarifications on the innovations contained in the Advance Decree, specifying that it is possible to pay the same amount in five months from January to May 2024.
The Agency’s circular recalls that the Decree linked to the maneuver introduced, only for the 2023 tax period, the deferral of the deadline from 30 November 2023 to 16 January 2024 payment of the second down payment instalment due based on the 2023 personal income tax return e the possibility of making the payment in five installments monthly of the same amount, starting from January 2024, with expires on the 16th of each month (interest of 4% per year is due on installments subsequent to the first). For the social security and welfare contributionshowever, remains unchanged term of 30 November 2023.
The beneficiaries – In delimiting the scope of application of the measure, the Agency specifies that can use VAT number holders of the extension who declared, with reference to the 2022 tax period, revenues or compensation not exceeding 170 thousand EUR. According to the regulatory provisions, they are excluded VAT holders other than natural persons such as, for example, capital companies they non-commercial entities.
Revenue verification – To verify compliance with the “ceiling” of 170 thousand eurosreference must be made to compensation and revenues declared for 2022. If the taxpayer carries out multiple activities (with different Ateco codes), the related revenues and compensation must be added; similarly, in the case of a natural person who carries out both a self-employed activity and a business activity, it is necessary to add revenues and compensation relating to both.