2024 tax return, ISA with two-speed reward benefits

2024 tax return, ISA reward benefits at two speeds.

The provision of the Revenue Agency of 23 April defines the scores to benefit from the benefits granted to the most reliable taxpayers, with a double track in light of the innovations envisaged by the tax reform.

It will take a ISA score of at least 9 for the compensation without compliance visa of credits up to 70,000 euros regarding VAT, accrued in 2024, e 50,000 euros for direct taxes and IRAP.

VAT holders with ISA equal to at least 8 they will in fact have access to the benefit on the compensation front as provided for the last year, with exemption from having to apply for a visa for those VAT credits up to 50,000 eurosaccrued in 2024, and up to 20,000 euros for direct taxes and IRAP.

2024 tax return, ISA with two-speed reward benefits

The definition of ISA reward benefits it is one of the last pieces expected before the start of the season 2024 tax return and the provisions of the Revenue Agency published on 23 April put the rules in black and white.

The operational rules are also part of the implementation process of the enabling law on tax matters, taking into account the new structure of ISA benefits designed by Legislative Decree no. 1/2024.

Looking at novelty disseminated by the Tax Office, for taxpayers who reach the ISA score of at least 9 with the 2024 tax return, recognition of the exemption from the affixing of the conformity visa for the compensation of credits is expected:

• up to 70,000 euros per year relating to value added tax, accrued in the year 2024;
• up to 50,000 euros per year relating to direct taxes and the regional tax on productive activities, accrued in the 2023 tax period.

ISA score 9 also for the exemption from affixing the conformity stamp on the request compensation of the interim VAT creditaccrued in the first three quarters of the 2025 tax year, for credits of an amount not exceeding 70,000 euros per year.

Access to the above benefits will also be granted to taxpayers with reliability of at least 9 taking into account the simple average of the ISAs applied for the 2022 and 2023 tax periods.

However, ISA benefits come in twos, and also facilitate taxpayers with a score of at least 8.

In this case, the exemption from affixing the approval of conformity on the annual declaration for the compensation of credits of an amount not exceeding:

• 50,000 euros per year relating to value added tax, accrued in the year 2024;
• 20,000 euros per year relating to direct taxes and the regional tax on productive activities, accrued in the 2023 tax period.

Threshold set at 50,000 euros also for the free compensation of the interim VAT credit accrued in the first three quarters of 2025, while the average relating to the 2022 and 2023 ISA score which allows access to the benefits goes to 8.5.

Revenue Agency – provision of 23 April 2024

ISA reward benefits – the entry criteria

VAT credit refund 2024, ISA score 9 or 8 to access benefits

Double-track rules also on the front of access to exemption from the affixing of the conformity visa or the provision of the guarantee for the refund of VAT credit.

In case of ISA score of at least 9 (also considering the 2022-2023 ISA average), the exemption will apply for credits not exceeding 70,000 euros. The same thresholds also apply to the request for reimbursement of the VAT credit for the first three quarters of 2025.

Obtaining an ISA score of at least 8 will allow you to benefit from the exemption up to the threshold of 50,000 euros of VAT credits requested for reimbursement, the same threshold also for the interim reimbursement. Score of at least 8.5 if instead the simple average of ISAs for the 2022-2023 tax periods will be taken into account.

The additional 2024 ISA reward benefits

A score of at least 9 will also be required to be excluded from the application of the regulation of non-operating companiesalso as a simple average of the levels obtained in the 2022 and 2023 tax years.

Regarding the exclusion of assessments based on simple presumptions the score to be achieved is 8.5also in this case with reference to the 2023 tax year. Instead, a score equal to 9 looking at the average of periods 2023 and 2023.

The deadlines for the assessment activity for the 2023 tax year are also reduced by one year for taxpayers who have reached the score of 8.

As regards, however, the exclusion of summary determination of total income for the 2023 tax period, the condition must be verified that the same does not exceed two thirds of the declared income. Also in this case the score that must be achieved is of 9in the tax period indicated or as an average of the periods 2022 and 2023.

In any case, to obtain the benefits, taxpayers must comply with the following requirements:

• in the event that the taxpayer achieves business and self-employment incomeISAs must be applied to both income categories;
• if the taxpayer applies two different ISAsincluding where the ISA applied is the same for thebusiness activity and for that of self-employmentthe score attributed following the application of each of these ISAs must be equal to that indicated for theaccess to benefits (even on the basis of multiple tax periods).