Last updated on 1 July 2024 by Laura Rossi
Today, July 1st, is a crucial day for Italian taxpayers who have to pay various crucial taxes for the current year and the foreseeable future. From the payment ofIRPEF to the fulfillment of the flat rent tax, passing through the declaration Imuthere is a lot at stake.
Deadline for Irpef 2023
_”Taxpayers are required to pay the Personal Income Tax for the current year and the first advance payment for 2024, without incurring any increases. The natural deadline was June 30, but it was extended to July 31 due to the fall on Sunday.”
Dry Coupon: Deadline and Payment Method
_”The flat-rate tax on rents must also be paid by today, as the balance for 2023 and the first advance payment for 2024. Taxpayers can make payments via the F24 form, using the Revenue Agency’s digital services or through an authorised intermediary.”
Imu Declaration: Changes and Obligations
_”The last day to submit the Imu declaration is today, Monday, July 1st. Those who own properties with significant variations for the tax due and unknown to the Municipality must fill out and submit the appropriate Imu/Impi form. Non-commercial entities must also comply with the annual Imu for exempt properties used for their own activities.”
In conclusion, it is important that taxpayers respect deadlines and properly fulfill tax obligations to avoid penalties and future problems with the Revenue Agency.
Insights
- The text of the article mentions several tax concepts and obligations that Italian taxpayers must face by July 1st.
1. Irpef (Income Tax of Individuals): This is the tax that weighs on the income of individuals in Italy. It is essential for the financing of public expenditure and is calculated on the basis of specific rates that progressively increase in relation to income.
2. Flat rate tax: This is a simplified form of rental taxation that replaces the ordinary taxation on rental income. Tenants pay a fixed percentage of the rent, without having to declare the rental income.
3. Imu (Own Municipal Tax): It is a direct municipal tax in Italy that concerns the ownership of real estate. It is calculated based on the cadastral value of the property and provides for different rates depending on the intended use of the property.
The text refers to the deadlines for the payment of Irpef and flat-rate tax by July 1st, in addition to the Imu declaration that must be sent on that date. It is important that taxpayers correctly fulfill these obligations to avoid sanctions and problems with the Revenue Agency.
The text emphasizes the importance of respecting tax deadlines and using the digital means made available by the Revenue Agency to facilitate payments and communications with the tax administration. Keeping tax documentation in order and fulfilling tax obligations are essential for proper management of one’s finances and to avoid negative consequences in the future.
