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Quater Aid: cash cap at 5 euros, bills for companies and 9 billion against price increases, Superbonus at 90%

Revision of the Superbonus, extension of measures against high energy costs and installments of bills for businesses, reduction of taxation of fringe benefits: these are the main interventions of the Quater Aid Decree approved yesterday evening by the CDM

Quater Aid: cash cap at 5 euros, bills for companies and 9 billion against price increases, Superbonus at 90%

The roof at cash rises to 5 thousand euros (against the 10 thousand requested by the League), 9,1 billion euros are arriving for businesses and families in support of extension of measures against the dear-energy and for companies the possibility of paying by installments bills while the Super bonus 110% it drops, with limited exceptions, to 90% among the protests of Forza Italia which also complains about the failure to release the credits: these are the main decisions of the Council of Ministers last night contained in the so-called Aiuti quater decree.

THE CASH ROOF RISES FROM 2 THOUSAND TO 5 THOUSAND: FOR THE OPPOSITIONS IT IS A FAVOR TO THE EVASION

The Quater Aid Decree records the compromise within the majority on raising the cash ceiling to 5 euros which, otherwise, would have dropped to XNUMX euros from next January XNUMXst. But this is not enough to completely calm the waters in the center-right and above all it gives rise to the opposition of the Democratic Party and the Five Stars who brand the government's decision as "a favor to tax evasion".

GAS AND ELECTRICITY BILLS: COMPANIES WILL BE ABLE TO PAY THEM IN INSTALLMENTS OVER THREE YEARS

The installment for companies of gas and electricity bills up to 36 months is the main novelty of the decree against the high energy price which also provides for the extension until the end of the year of tax credits for the purchase of energy for companies electricity and gas and the 30 cent discount on a liter of petrol and diesel and the confirmation of the 5% VAT cut on methane. For trade there is also a tax credit for the purchase of cash registers. There is also a 40% bonus on the purchase of gas and electricity for energy-intensive companies (30% for others). Also to the advantage of companies is the rule that unlocks drills which provides that the gas extracted from our marine fields will be passed on by the GSE to companies at controlled prices.

EXTENSION OF THE 30 CENT DISCOUNT ON BILLS FOR FAMILIES

For families affected by inflation there is no longer direct aid such as the 150 euro bonus that jumps. The extension until 31 December of the 30 cent discount on a liter of petrol and diesel remains and the social bonus on bills and the zeroing of system costs for less well-off families remain, fortunately insured and financed by previous provisions.

SUPERBONUS DOWN TO 90% BUT FOR VILLAS IT WILL BE 110%

For next year, the Superbonus on home renovations drops from 110 to 90%, but for single-family houses it will remain at 110% until 31 March 2023 if 30% of the work has been completed in September. Extension for the whole of 2023 instead for condominiums that present the Cila ((request for work authorization to the Municipality) by 31 December of this year even if the works will begin in 2023.

FRINGE BENEFIT: TAX FREE PRIZES OF UP TO 3 THOUSAND EUROS

Lastly, the Quater Aid Decree contains the increase from the current 600 euros to 3 thousand euros of the tax relief threshold of the premiums that companies will grant to employees as fringe benefits, including domestic utilities, which will not contribute to the formation of taxable income. The trade unions are satisfied but not Confindustria.

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