Every year millions of Italians they risk fines of at least 250 euros, to which a variable percentage is added. Fine, which among other things, rises from month to month thanks to the interests. This is the administrative sanction recognized to those who have the obligation to submit the tax return and lo omits.
This is a situation in which anyone could find themselves, convinced that they are exempt from the obligation to submit and being wrong. Small changes are enough to make a taxpayer fall under the obligation without realizing it.
Who are the Italians who risk a fine?
Every year taxpayers are asked to submit the tax declaration. Some are exempt from this obligation because the tax adjustment is made directly by the withholding agent on the pay slip. These are employees who have a single income for which the tax adjustment is made by the employer. Precisely due to the lack of other income to be reconciled with that from employed work (for which taxes are paid monthly on the paycheck), the obligation to submit a tax return does not exist.
However, a small change is enough to fall under the declaration obligation: change of job (double CU issued by two different employers), dismissal and receipt of NASPI (double CU, one issued by the employer and one by the INPS), small jobs paid with withholding tax (also in this case double CU, one issued by the employer and one by the client). These are just some of the examples for which the declaration obligation returns, but a second house appears or inheriting it is also an example.
The main problem is that there are millions of workers/unemployed who are not required to declare, but who then do not take into account the changes in their income and are no longer in compliance with the tax authorities. And anyone who does not fulfill the declaration obligation risks a minimum fine of 250 euros (if from omitted declaration there are no taxes to be paid) or ranging from 120% to 240% of the omitted tax.
By when must the tax return be submitted to avoid the fine?
For employees and pensioners who present form 730, the final sending date is set at 30 September 2024. After this date, however, the declaration is not yet considered omitted, nor is it late because it can be sent, in any case, by 15 October with the Income model.
After the October 15th deadline the declaration is considered only late provided that it is sent within 90 days of the final ordinary deadline of October 15th. For late declaration, reduced fines of 25 euros apply (one tenth of the fine for failure to declare). Finally, if the declaration is submitted after the 90 day deadline. From the January 14, 2025 the 2024 declaration is considered omitted and, in fact, the heaviest sanctions are triggered, to which interest is added which increases month after month.
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