the news for 2024 from the Revenue Agency

The new model 730 simplified will be available from April 30th on the websiteRevenue Agency. Several innovations have been introduced in the main tax return form used in our country, to make it less complex. You will no longer have to know the functions of the various frames and staves, but the compilation will instead be guided and explained in simple words.

One of the other main innovations available from 2024 will be the possibility of requesting any refunds directly from the Revenue Agency, even in the presence of a withholding tax. Simply select the “no substitute” option during compilation.

The new simplified 730: what’s new for 2024

On April 30th, in the afternoon, it will be available on the Revenue Agency website 730 pre-populated in its new format simplified. For years now, employees and pensioners have been able to download a version of their tax return which already includes a good part of the data concerning them. This is because, in these situations, it is very simple for the revenue agency to verify the sources of income of the citizens to whom the 730 is addressed.

The main novelty this year, however, will be the simplification in filling in the other fields in the form. In the past, in fact, 730 was divided into paintings and lines, each referring to a specific type of income that the worker could have while being employed. This often made it difficult to include other money received in the tax return, for example from the rent of a house or another income.

Starting from 2024, therefore with reference to the fiscal year 2023, the 730 will be divided into sections identified no longer with codes, such as lines and frames, but with simple words that will explain the function of each part of the module. The income relating to the rental of a property will go into the “home” section, while there will be another section entirely dedicated to information relating to the cohabiting partner.

Another new feature introduced from 2024 will be the possibility to choose whether or not to entrust the reimbursements to your own person tax withholding agent. Often workers, particularly employees, delegate the direct payment of their taxes and consequently the reimbursements that the State owes them to their employer who therefore acts as a withholding tax agent. The taxes are therefore withheld directly from the pay slip and the refunds are inserted there. From this year, however, it will be possible to request these refunds directly from the Revenue Agency.

Revenue Agency: over 1.3 billion pieces of information transmitted

As mentioned, the new pre-compiled and simplified 730 will be available on the website from the Revenue Agency from the afternoon of April 30th. The data contained can be modified until May 20, 2024 while the declaration must be sent by September 30 of this year. Those who present the Income model will have until October 15th. The AdE also communicated that more than 1.4 billion pieces of information will be transmitted during the delivery of the pre-compiled templates.

To access the Revenue Agency website you need a form of digital identity, such as Spid or Cie, to be able to enter your profile and download the pre-compiled form. The compilation of this type of documentation can be done independently by every citizen, especially after the further simplification of the model which took place this year. Despite this, many people, especially if entrepreneurs or freelancers, prefer to rely on a professional or associations that deal with tax consultancy, so as not to make mistakes.

 
For Latest Updates Follow us on Google News
 

NEXT Supermarkets and shops open in Rome today May 1st