Together with the start of the procedure for the forwarding of applications to request the non-repayable grants provided by the last two Restori decrees, a new dedicated-guide is also ready to illustrate to all the economic and business operators interested by the fiscal measure both the methods of payments and every other aspect relating to the bonus. Indeed, the vademecum is a useful information tool, whose main aim is to support economic operators working in the economic sectors affected by the restrictions introduced by the Decree of 24 October 2020 for the whole national territory and by the subsequent Decree of November 3, specially in this case for the creation of so-called "red" regions.
The main newness, to see the money appear on your bank account without having to submit any application – The refreshing aspect of the norm is that these kind of grants are automatically credit by the Agency. Indeed, to the beneficiaries who have already submitted an application for the non-repayable grants provided by the Relaunch decree, between 15 June and 13 August (or until 24 August for the heirs who continue the activity of deceased taxpayers) and have obtained the sum, all they have to do is just to check their current account awaiting the accreditation of the new contribution due, without the need to submit any new application.
How it works for first-time applicants - On the other hand, as regard to taxpayers who had not submitted the previous application for the contribution provided for by the Relaunch decree, the online channel opened today will permit them to request the non-repayable grants. Particularly, they will have time until January 15, 2021 for the submission of applications, whilst the due payments will be made by the Revenue Agency on the current account indicated by beneficiaries.
A Guide that accompanies the taxpayers concerned - The vademecum illustrates in detail the information necessary for economic operators and their tax intermediaries to assess whether they possess the necessary requirements, how to calculate the contribution due and help them to determine whether automatic accreditation is foreseen in their case or whether they will have to present the application. Particularly, the amount of the allowance is calculated by applying a variable percentage depending on the turnover amount. The allowance is due in any case for a minimum value of 1,000 euros for individuals and 2,000 euros for entities other than individuals. Furtherly, the guide clarifies the beneficiaries’ requirements that need to be verified: possession of an active VAT number prior to October 25, 2020, the performance of prevalent activities with reference to the Ateco codes provided and the decrease in turnover and fees by at least one third between April 2019 and April 2020 or, alternatively, the start of activities from 1 January 2019.
How to obtain the allowance - In order to benefit from the allowance, the interested subjects need to file, only by electronical means, an application with the Revenue Office with evidence that all the prerequisites above are met. The application is to be filed starting from today. In the instruction annexed to the application form, as approved by the regulation by the Director of the Revenue Office, are indicated in detail the boxes of the income tax return to consider as a base to calculate the amounts to be included in the application. Only in case of an allowance exceeding Euro 150,000, the application form needs to be signed digitally by the applicant and sent only via certified email to the address istanza-cfp150milaeuro@pec.agenziaentrate.it, together with the antimafia self-declaration.
Stefano Latini