How to pour the incremental flat taxthe IRPEF substitute tax of 15 percent on income increases, applicable only for year 2023?
The answer comes with the resolution 21/E of 18 March 2024 of the Revenue Agency.
The practice document indicates the tax code to insert and the instructions for compiling the F24 model.
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Incremental flat tax: the tax code to use for payment
With the resolution number 21/E yesterday, 18 April 2024, the Revenue Agency establishes the tax code and provides instructions for the payment of the incremental flat tax 2023.
The owners of VAT number those carrying out business activities, arts or professions who do not apply the flat rate regimethey can opt, at the time of tax declarationof the preferential taxation introduced by Budget Law 2023.
It is a’substitutive tax of the IRPEF of 15 percent on income increases.
The calculation of the amount, as stated in the art. 1, paragraph 55, of the same law, is in fact carried out:
“(…) on a taxable base, in any case not exceeding 40,000 euros, equal to the difference between the business and self-employment income determined in 2023 and the highest amount of business and self-employment income declared in the years from 2020 to 2022, reduced by an amount equal to 5 percent of the latter amount.”
For the payment, interested parties must indicate the following tax code when compiling the F24 model:
| Tax code | Name |
|---|---|
| 1731 | Substitute tax for IRPEF and regional and municipal surcharges – Incremental flat tax – Art. 1, paragraphs 55 to 57, of law 29 December 2022, n. 197 |
Incremental flat tax: how to fill out the F24 form
With the recent practice document, the Revenue Agency has also provided the instructions to follow for filling out the F24 form.
The tax code relating to the incremental flat tax must be inserted in the section “Treasury”in correspondence with sums indicated in the column “debt amounts paid”.
The tax year for which the payment is made must be indicated in the field “Reference year”in the format “AAAA”.
In this case, the reference year is 2023.
The full text of the resolution is available on the Revenue Agency portal.
- Revenue Agency – Resolution number 21/E of 18 April 2024
- Establishment of the tax code for the payment, via the F24 form, of the incremental flat tax.
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Tags: tax code instructions completing F24 form
