Pay off suppliers. The worry of businesses. In a slow Italy. Pistoia is an exception

Pay off suppliers. The worry of businesses. In a slow Italy. Pistoia is an exception
Pay off suppliers. The worry of businesses. In a slow Italy. Pistoia is an exception

Yet companies that are unable to collect their debts from the public administration must honor their obligations by paying taxes and contributions punctually, under penalty of serious consequences in terms of increases in the sums owed, enforcement actions, etc. Without considering that failure or delay in the payment of taxes and contributions leads to exclusion from tenders. You know. But this is what happens, with diversified situations up and down the country. Between purchases, consumption, supplies, maintenance, staff training and energy expenses, in 2023 the State incurred a total cost of 122 billion euros, but once again it was unable to honor all the economic commitments made with its suppliers. The Mestre CGIA research office underlines that the commercial debts of our Public Administration amount to around 50 billion euros, an amount that has been the same for at least 5 years, especially to the detriment of small businesses. Among the most “snail-like” public administrations are the Municipalities, especially those in the South. In the Centre-North the general picture is positive.

What is the situation in our territory? The study also details this, drawing up a real ranking. We can place Pistoia in the best positions: it pays in advance of the deadline approximately 21 in the first quarter of the current year and has an average of 17 days, always in advance, as an overall figure for 2023. The territories of Tuscany are substantially doing well , with some differences, of course. But there is not a wide gap between the data.

The problem of late payments is, in fact, an issue with deep roots in bureaucratic Italy. Even the ministries – according to what emerges from the study – struggle to comply with the legal provisions regarding payment times: last year nine out of 15 ministries liquidated their suppliers late, Tourism “black shirt” with a delay of 39.72 days; followed by the Interior (33.52), University and Research (32.89) and Health (13.60). The most virtuous was the Ministry of Agriculture, Food Sovereignty and Forestry, which paid 17 days in advance.

The causes of payment delays are generally traced back to the lack of resources, stringent financial constraints and complex accounting and bureaucratic procedures, which, in themselves, would not allow compliance with the deadlines imposed by the legislation. Shortening times for businesses is a fundamental step. The commercial debts of public administrations depend to a large extent on critical issues of administrative and financial management and therefore of revenues and expenses.

Businesses, for their part, are affected by all this. Although, they boast a large amount of tax credits: but the possibility of transforming these credits into liquidity is significantly hindered by the significant delays in compensation with tax and social security debts and by the difficulties in transferring them to the banking system, which manages to absorb extremely small percentages of them. .

For Latest Updates Follow us on Google News

PREV Lazio Transfer Market | Isaksen’s intention: stay and seek redemption
NEXT divers’ search suspended