VAT bonus, how to submit the application to obtain the 800 euro contribution. Below are the details of the procedure.
We are usually led to think that bonuses and allowances are mostly intended for employees. In reality, there are also possibilities for VAT holders dealing with particular economic conditions. This is the case of the so-called VAT bonus of 800 euros.
The official name of the bonus is Extraordinary income and operational continuity allowance (ISCRO)a measure introduced on an experimental basis with the 2021 budget law. At that time its purpose was to respond to the Covid emergency which had involved many self-employed workers with significant losses in turnover. ISCRO was scheduled for 2021-23, but lto extension it has also arrived for 2024.
VAT bonus, how it works
The allowance is intended for self-employed workers registered with the separate management of INPS who have had a significant decrease in turnover. To get the bonus you need to meet particular requirements, which for this year the government has decided to relax compared to the past. In detail the new features introduced in the requirements are: the opening of the VAT number from at least three years, previously there were four; Applicants must declare a turnover less than 12 thousand euros per year, until last year they were 8,972 euros; the certified turnover must be less than 70 percent of the average income from self-employment achieved in the previous two years, previously the drop had to be 50 percent; the funds you receive contribute to training of income.
Other requirements are: not being beneficiaries of the Inclusion Allowance; be up to date with contributions; not be retired or insured with other social security schemes; have a tax return certified by the Revenue Agency; be registered with the INPS separate management. Beneficiaries must meet these requirements to the entire duration of the measurement and must commit to participating in professional retraining courses.
From 2024 ISCRO it cannot be requested in the following two years to the year in which the benefit begins. The bonus is paid for six months, starting from the first day following the date of submission of the application and is equal to 25% on a semi-annual basis of the last income earned. However, the disbursement cannot exceed 800 euros per month or be less than 250 euros per month.
The application for the bonus must be submitted online on INPS websitelogging in with your SPID, CIE and CNS credentials, connecting to the page ISCRO allowance for self-employed workers, online application. The deadline for submitting the application is set at October 31, 2024.
