The workers and the workers autonomous athletes of the amateur sector must proceed with the payment of the balance and the first advance payment of the INPS contributions by 1 July 2024.
The Institute provided all the instructions about it in circular published on June 14.
The practice document illustrates the calculation method of theamount due, the rates to be applied and the modalities terms to proceed to payment.
The first expiration to mark on the calendar is that of July 1st or the 31st of the month for those who use installment payments.
Self-employed and amateur athletes: balance and advance payment of INPS contributions, calculation and payment
With the circular no. 72published on June 14, theINPS took stock of the balance and advance payment of contributions owed by craftsmen, traders and professionals, providing instructions for the calculation and the payment by July 1st.
The Institute’s indications focus in particular on novelty introduced by sports reform. The workers and the workers self-employed sportsmen of the amateur sectorregistered in the separate management, are in fact asked to fill in the section III of the RR framework present in Income model 2024.
As expected from paragraph 8-bis of article 35 from the sports reform (Legislative Decree no. 36/2021), thepension contribution rate and theadditional rate must be calculated on the part of the compensation that exceeds the former 5,000 euros nod.
Therefore, the workers in question must indicate to field 1 of line RR9 of section III i compensation received gross of the quotas exempt for tax purposes achieved in the entire tax year.
People who exercise more activitiesone of which is for sports work, must complete both the section II for income produced with activities other than sports, both the section III for compensation as a sports worker.
In field 2, it is then necessary to enter the expected deductible up to the amount of 5,000 euros.
L’taxable to be indicated in field 3 corresponds, for the year 2023, to the amount on which the rates foreseen for determining the contribution due. INPS specifies that:
“Taking into account that the contribution obligation starts from 1 July 2023, the value to be entered as “taxable” must be re-proportioned to 6/12 of the compensation received net of the deductible (for example: compensation shown in line RE2, field 2, 18,000 euros, less deductible 5,000 euros equals 13,000 per year; 6/12 of 13,000 euros equals a taxable social security income of 6,500 euros).”
Until the December 31, 2027for the purposes of pension contributions only, the taxable social security income is limited to 50 percent net of the deductible.
Taxpayers who do not have other forms of compulsory social security are also required to pay theadditional rate relating to non-pension benefits, which must be applied, however, to the total compensation net of the deductible.
The rates provided for sports workers in the amateur sector that they carry out performance autonomous they are even:
- for workers without any other form of compulsory social security 25 percent, for IVS protection. Furthermore, additional rates equal to are due 1.23 percent relating to the contribution for the financing of non-pension benefits:
- for workers covered for the tax year with another compulsory form of social security or holders of a direct or reversible pension, the rate is equal to 24 percent for the purpose of IVS protection. The reference code is “F”.
If the taxpayer has reached the maximal annual, 113,520 euros for 2023, in other work activities subject to contribution in the Separate Management, the field “Debt contribution” of the line RR10 it does not need to be filled in because the sum is no longer due.
By filling in the line RR11 you can put in advance payment for the following tax year or request a reimbursement any amount paid as a deposit.
This possibility is not foreseen for the 2023 tax year given that the contribution obligation was introduced from 1 July 2023.
Balance and advance payment of INPS contributions for self-employed amateur athletes: terms and methods of payment
THE taxpayers they must proceed to payment of the sums due through the F24 model.
As for the contributions due on the share of income exceeding the minimum from artisans and traders, also the contribution due for those registered with the separate management must be paid by deadlines required for the payment of income taxes.
- by July 1st (since June 30, 2024 falls on a Sunday) or by July 31, 2024for those who use the installment plan, it will be necessary to pay the balance for 2023 and the first advance payment for 2024;
- by December 2since November 30, 2024 falls on a Saturday, it will be necessary to pay the second advance payment for the current year.
In the event that the taxpayer intends to pay the amount due by way of balance 2023 in installment formpayment must be completed by the deadline December 16, 2024.
For freelancers and self-employed sports workers in the amateur sector installment it can be done both on the balance and on the deposit.
As usual, those who take advantage of the installment plan must apply the increase of 0.40 percent as a consideration.
The interests must be paid separately from contributions, freelancers and/or self-employed sports workers in the amateur sector must use the reason “DPPI”.
For everyone else details please refer to the full text of INPS circular n. 72/2024.
- INPS – Circular number 72 of 14 June 2024
- Instructions on the calculation of INPS contributions via the RR part of the tax return and on the payment of the sums due
