In Italy, the expenses incurred for children’s summer camps they can be deducted in the tax return, but there are specific rules and limits to be respected. There deduction in 730 of expenses for summer camps represents an important tax relief for families. However, it is essential to carefully follow the regulatory indications and keep all the required documentation in order to correctly benefit from the deduction.
Are summer camp expenses deductible in 2024?
The deductibility of expenses incurred for summer centers depends on the qualification of the association and the type of activity carried out at the facility. In general, the expenses for the summer camps are not deductible for Irpef purposes. However, expenses for sporting activities organized by sports associations, gyms, swimming pools and officially amateur sports facilities are deductible recognized by CONI.
Therefore, only amateur sports activities at suitable and recognized facilities can be deducted from the 730 tax return. If the summer camp is organized by amateur sports associations or sports centers and the main activities are related to sports, the expenses can be deducted as sports expenses.
How much can be deducted from summer camp?
To benefit from the deduction of expenses for summer camps, it is essential to keep all the documentation and correctly indicate the expenses in the tax return. There 19% deduction up to a maximum of 800 euros per child, therefore with a maximum deduction of 210 euros per child, provided that the overall family income does not exceed 240,000 euros.
However, this relief suffers from a annual limit. In fact, if 210 euros for sports activities have already been reached during the year, further expenses for the summer sports center are not deductible. Furthermore, the deduction is reserved only for children who attend nursery school, primary school (elementary) and first and second level secondary school (middle and high school).
How to deduct summer camps in your tax return?
Summer camp expenses must be indicated when completing the tax return via Model 730 or Personal Income Tax Model. Generally, these expenses are reported in section E of the 730 Model, using the codes for education expenses other than university expenses, i.e. line E8/E10 and code 12.
It is important to remember to indicate the expenses for summer camps incurred in the reference year of the tax return and not those corresponding to the current year.
Tax regulations for summer camps
The fiscal regulation of expenses incurred for summer camps in Italy provides for the possibility of deducting part of these expenses in the tax return. The expenses incurred for attending summer camps are included in the category of education expensesas regulated by the TUIR (Consolidated Income Tax Act).
To benefit from the deduction, it is essential keep documentation properly proving the expenses incurred. Typical documentation includes:
- Receipts or invoices: must include the summer camp details, the child’s name, the period of attendance and the amount paid.
- Statement from the summer center: a declaration certifying the child’s attendance at the summer camp may be requested.
All expenses must refer to periods of frequency included in the tax year for which the return is submitted. Furthermore, the deduction covers the costs of attendance, therefore the additional costs such as meals or transportation may not be deductible unless they are included in the overall cost of the summer camp.
It is important to remember that the deduction is granted only for expenses incurred for the dependent childreni.e. those children who have not exceeded a total annual income of 2,840.51 euros (4,000 euros for children up to 24 years old).
Some regions and municipalities offer additional contributions or benefits for families with low income or with particular situations of economic hardship. It is advisable to inquire with your municipality or region for any additional subsidies available.
