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One of the novelties of this 2019 from the fiscal point of view regards the balance and the removal of tax bills. You have probably heard of this topic in recent months, given that this is one of the measures that are part of the 2019 Budget Law. For many Italians it represents a considerable economic advantage, which is why it is good to analyze this balance in detail. of tax assessments. First of all, what are we talking about precisely? It is very simply a real discount that is applied to tax and social security debts. Obviously the reduction of the amount due to the Revenue Agency is applied only in certain cases, which we will analyze in this article.
Those who can access the important reduction of tax bills are only the citizens who need them because they are in financial difficulties. In addition, the balance and write-off can be requested only for debts entrusted to the collection agents in the period from 1 January 2000 to 31 December 2017. For all the other tax assessment documents, therefore, it is not possible to take advantage of the discount provided for in the 2019 Budget Law. In the event that you have tax and social security debts relating to this period then you can proceed with the request for the balance and removal of your folders. But what are the advantages of this important provision? As we have said taxpayers will be able to take advantage of a reduction in their debts with the Revenue Agency, in proportion to their income. As always, therefore, the requirements and the benefits that can be obtained will depend on your ISEE statement.
As you probably already know, ISEE is the Equivalent Economic Situation Indicator, which takes into account the income received by family members. Based on this indicator, the discount on tax bills will be more or less important. First of all we must consider that taking advantage of the balance and removal of the tax assessments the debts are taken into consideration, net of penalties and default interest. Of the debt already discounted, therefore, only a percentage that varies between 16% and 35% will have to be paid. Therefore the amount that the tax payer will pay to the Inland Revenue will be much lower than the one previously due.
In particular, those who have an ISEE indicator up to € 8,500 will receive the largest discount, and the amount to be paid will be only 16% of the debt. Those who have an ISEE of between € 8,500 and € 12,500 will have to pay 20%. Finally, for ISEE declarations up to 20,000 euros, 35% will have to be paid. The amounts we have just listed must then be added to the sums of money due to the collection agent by way of premium and reimbursement of expenses for the executive procedures and for the notification of the folders. In general, however, the advantage for those who meet the requirements to be able to request the balance and removal of tax bills is enormous, given the discount applied.
The advantages of the new balance and excerpt of tax assessments planned for this 2019 do not end there. The possibility of choosing the payment in installments is added to the reduction of the amount to be paid. In the event that you do not want to pay your debt in a single payment, you can postpone the payment in 5 convenient installments. In particular, by 30 November 2019 you will have to pay 35% of the total. The second installment will be 20% of the total and must be paid by 31 March 2020, while the remaining 3 installments will be of the same amount (15% of the total) and will have expiration date 31 July 2020, 31 March 2021 and 31 July 2021 If you choose this payment in convenient installments the interest rate will be 2%.
If you have tax assessments for the period from 1 January 2000 to 31 December 2017 you will therefore certainly be interested in accessing the balance and removal. But as we have already said not everyone can take advantage of this important facility, which will allow you to finally eliminate all your debts with the Revenue Agency. The fundamental requirement is to have an ISEE that does not exceed 20,000 euros. Only in this case the tax payer is identified as a subject in serious and proven economic difficulty that therefore needs this discount to be able to pay his debts.
However, the requirements defined by the 2019 Budget Law to determine in which cases it is possible to take advantage of the balance and the removal of tax assessments does not only concern the economic situation of the tax payer. The discount of the folders is in fact only envisaged for certain debts entrusted to the collection agent for the reference period previously reported. The debts for which the balance can be claimed and the removal are exclusively those deriving from the non-payment of taxes resulting from the annual declarations and from the non-payment of the contributions due by all those who are enrolled in the professional social security funds or to the social security schemes addressed to the workers autonomous from INPS “with the exception of those required following verification”.
It should be noted that all those who have adhered to the previous scrapping of the same folders, for which, however, the payments of the amounts due have not been completed in full, can also access the balance and removal of the tax assessments. So what to do if you don’t have the requirements we just listed? In this case it is not possible to access the balance and excerpt of the tax demands, however you can still take advantage of a benefit on the amount due to the Revenue Agency. As required by the 2019 Budget Law, in this case, the request to join the balance and write off will be automatically considered as a request for access to the facilitated definition. Those who have an ISEE of over 20,000 euros will still be able to access the “scrapping ter”, which provides for the payment of their debt net of fines and default interest. In addition, the payment can be extended in 5 convenient installments, as we have seen previously.
The balance and the removal of tax bills is therefore a very important and advantageous provision for all tax payers. So how do you submit your balance and application form? On the Inland Revenue website it is possible to download the Balance-Excerpt (Mod. SA-ST) form which must be filled out to present the request. In the model itself all personal data, folder numbers, protocol number for the Single Substitute Declaration (DSU) and the value of the ISEE indicator must be entered. Finally in the same form the tax payer will have to choose between paying in a single payment or in the maximum number of installments provided for by the law.
By when must the application for payment and removal of the tax demands be presented? As also reported on the Revenue Agency’s website, the date by which applications must be submitted is April 30, 2019. For the presentation, it is possible to proceed either electronically or by submitting the form in paper format. It is essential to be in possession of a certified electronic mail box (PEC) for the request to sign up for the balance and to extract directly from your home computer. On the Inland Revenue website it is possible to consult the list of PEC addresses relating to the various Regional Directorates of the Revenue-Collection Agency. The tax payer must send the completed balance form and a copy of a valid identity document to the address of his Region of residence. The use of certified electronic mail guarantees the exchange of documents in total safety, which is why a normal email address cannot be used.
In case you are not in possession of a PEC inbox you can simply go to one of the branches of the Revenue-Collection Agency located in all the Italian Regions except Sicily. Also on the Agency’s website it is possible to consult the complete list of addresses where it is possible to go. Once you have found the nearest door to your home, simply print the SA-ST model from the same website, fill it in all its parts and sign it. Finally, by going to the Sportello you can simply hand in the form, remembering that you have an identification document on hand. Once the application has been submitted, all you have to do is wait for the Inland Revenue to notify you of the amount you will have to pay. This communication will be made following a check of the requirements and, as defined by the 2019 Budget Law, by 31 October 2019. Subsequently, the tax payer must proceed with the payment of the amount due by 30 November 2019 or by making use of the payment in 5 installments expiring on the last installment on 31 July 2021. In the event of failure to accept the request for balance and removal as previously stated, the automatic inclusion of the scrapping-ter occurs, for which the same deadlines for payments apply.