The two-year preventive agreement starts with the discount. Yesterday the Revenue Agency published the software intended for VAT numbers and self-employed persons subject to “tax report cards” (ISA, the synthetic reliability indicators that measure fiscal fidelity), while on 15 July the version for flat-rate subjects will be available. According to the methodological note of the ministerial decree containing the calculation procedures (anticipated by Il Sole 24 Ore), the adaptation to the parameters to obtain a grade of 10 in the report card will be in two phases and for the first year a 50% discount is expected on the major income necessary to be considered reliable. For example, if a mechanic from Rome who declares 20 thousand euros per year will be considered consistent with 30 thousand euros, he will be able to declare 25 thousand euros in the first year of the agreement and 30 thousand in the second.
This is the main innovation of this tax reform institute strongly supported by the Meloni government and followed in its process by the deputy minister of the economy, Maurizio Leo. The gradual nature of the adjustment, in fact, should make the option of the composition with creditors even more attractive for the 4.5 million businesses and professionals with revenues of up to 5 million euros affected by the rule. The greatest advantage is given by the absence of tax controls for two years for all those who accept the tax composition proposal. With the “discount” the choice should attract a greater number of taxpayers. The success of the company is fundamental since from the revenue (which was not encrypted in the final version of the implementing decree) Deputy Minister Leo expects resources to confirm the Irpef cut to 23% for incomes up to 28 thousand euros also in 2025.
The guiding principle of the reform is to pay a little more for peace of mind. Obviously, taxpayers are free not to comply but this would entail the possibility of being subjected to cross-checks of the Revenue Agency databases which also presuppose the use of artificial intelligence. It can, however, be stated that the government’s move “pensions” the income meter whose return with its stringent presumptive mechanisms had been feared last month. Now the taxpayer will have to enter their data (number of employees and other information on costs) on the software platform which will be compared both with the income history of the previous three years and with the average revenues/compensations of the business sector. Other parameters will then be taken into account such as GDP growth (this year estimated at 1% by the Def) and possible residence in areas affected by disasters. A threshold will be set: the income cannot be less than the expenditure for employment. Furthermore, an additional cost is represented by the extinction of pending tax liabilities (i.e. tax bills) exceeding 5 thousand euros.
To allow for greater serenity in evaluating the pros and cons, next Thursday’s Council of Ministers will pass a corrective decree to the legislation
which will extend the deadline for exercising the option to join the agreement from 15th to 31st October. The first test will take place on 30 November 2024 with the payment of the taxes recalculated with the second advance payment for 2025.
