In these days, the Unica 2016 Certification (CU) arrives on the desks of millions of Italians, the form that since last year has replaced both the Cud and the certification of the compensation of self-employed workers.
1. WHO MUST SUBMIT IT
The presentation obligation concerns withholding agents (basically social security institutions and employers), who will have to deliver the CU to certify the incomes of pensioners, employees and similar, self-employed workers with a VAT number and taxpayers who have forfeited different incomes or commissions.
2. WHO RECEIVES IT AND WITHIN WHAT DEADLINES
The 2016 Single Certification must be issued by 28 February to those receiving income (or within 12 days of termination of the employment relationship) using the summary form and then transmitted to the Revenue Agency electronically by 7 March using the ordinary form .
The tax authorities will use the CU as one of the main sources of data to be included in the pre-compiled 730 (which will be available starting April 15th). In fact, the 2016 Single Certification – like that of 2015 – contains more information than the old Cud.
3. DEPENDENT FAMILIES
The new model also includes a statement in which it is necessary to indicate "the data relating to family members who in 2015 were fiscally dependent on the replaced person - explains the Revenue Agency -, for the purposes of correct verification of the attribution of deductions".
The tax authorities also specify that "the section relating to dependent family members must be completed exclusively in the event of disbursement of income from employment, equivalent and assimilated".
In particular, "in lines from 1 to 10 - the Agency specifies - the degree of kinship must be indicated (crossing "C" for spouse, "F1" for first child, "F" for children subsequent to the first, "A ” for another family member, “D” for a child with a disability), the tax code, the number of dependent months, a child under the age of 3 (indicate the number of months for which the child was under the age of three years), percentage of deduction due and percentage of deduction due for large families".
Moreover, differently from last year, in the 2016 Single Certification it is necessary to indicate the tax code of the spouse, even if not dependent.
4. IRPEF BONUS AND COMPLEMENTARY SECURITY
The CU then contains, among other things, a section dedicated to taxpayers who are entitled to the 80 euro Irpef bonus (i.e. employees with gross income of up to 26 thousand euro a year) and another in which the data must be indicated relating to supplementary pensions, even in the event that "the substitute has taken into account the contributions paid directly by the taxpayer to a form of pension".
5. WHAT THE TAXPAYER MUST DO
Anyone who in 2015 received only the income from employment certified in the 2016 Single Certification is exempt from submitting the tax return to the Revenue Agency.
Conversely, the taxpayer is required to present the tax return if the withholding agent has certified both income from employment and income from self-employment.
The declaration is also mandatory when the amount of the deductions of the CU includes deductions to which the taxpayer is no longer entitled and which, therefore, must be returned (for example when deductions have been attributed for dependent family members who have exceeded the income limit expected to be considered as such).
Finally, if the taxpayer received additional income in 2015 with respect to that certified by the 2016 Single Certification (for example other salaries, pensions, allowances, income from land and buildings or more) he must verify whether the conditions exist for exemption from the submission of the declaration.
Instructions for completing the 2016 Single Certification by the Revenue Agency.
Instructions update.
Attachments: Instructions for completing the 2016 Unica Certification by the Revenue Agency http://www.agenziaentrate.gov.it/wps/file/Nsilib/Nsi/Home/CosaDeviFare/Dichiarare/DichiarazioniSostitutiImposta/Cu+Certificazione+Unica+ 2016/Model+CU+2016/CU+2016+instructions+correction/Correction+instructions+CU.pdf
