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Scrapping ter and expiring excerpt balance: the news

The mini-extension of the scrapping-ter of files and the balance and excerpt for Italian taxpayers expires on Tuesday 14 December – The topic is at the center of the parliamentary debate: will there be a new extension or scrapping quater in 2022? – Here's what we know

Scrapping ter and expiring excerpt balance: the news

Decisive week for Italian taxpayers to put themselves in compliance with the fiscal peace. By Tuesday 14 December, the 2020-2021 installments relating to the scrapping ter and balance and excerpt, for those who were in compliance with the 2019 installments, which remained pending thanks to the stop decided for the pandemic emergency. The proceeds from the scrapping are still at the center of the parliamentary work on the maneuver, there are two hypotheses on the table: dilution of payments or scrapping quater (probably linked to income conditions of the beneficiaries on the model of debt cancellation) even if for the moment they seem all 'other than feasible.

The fiscal peace introduced by Draghi government included two provisions, on the one hand the extension of the final payment terms of the scrapping ter and the balance and removal, i.e. the reduction of the sums due for taxpayers in serious and proven economic difficulty, provided for, in addition to the reduction of the amounts due, also the zeroing of penalties and default interest. On the other hand, the elimination of debts registered in the register, i.e. the cancellation of tax bills that meet certain requirements: income with an Isee of up to 30 thousand euros and with a total amount gross of tax bills of up to 5 thousand euro, which closed on 31 October and will not undergo any changes or extensions of any kind.

But let's take a step back. The 14-day mini-extension, which arrived with the tax decree, postponed the deadline from November 30 to December 9 plus 5 days of tolerance. For 2021 the payment will be in a single solutionwithout dilution, otherwise there is a risk of losing the benefits of the concessions provided and the payments already made will be considered as an advance on the sums due. The payment slips referring to the original May 2020 deadline contained in the "Communication of sums due" already in the possession of taxpayers or recoverable on the Revenue Agency website must be used.

While on the one hand the stratification of extensions and suspensions of tax bills has helped to let Italian taxpayers breathe in the year of the pandemic, on the other it has weighed down the appointment with the tax authorities of the payment in a single solution of 12 installments.

It is also true that there are many pushes in Parliament to reopen the debate on the possibility of a new fiscal peace, in the context of the approval of the Budget Law, which could find space for the hypothesis of a long extension of the deadline for payments relating to the installments of the folders. In any case, these are hypotheses and discussions that are still far from an official decision.

The center-right is betting on a possible new scrapping campaign for fiscal and tax debts or to further postpone deadlines. The idea of ​​the leader of the Lega Matteo Salvini is radical, who wanted to "also intervene on the folders of Equitalia to scrap the too many folders ready to go". Instead, the Brothers of Italy asked for an extension until the end of the state of emergency (scheduled for December 31st). Although the objectives are shared by most of the parties in the field, they clash with the need to find coverage for each measure and which will have to be maneuvered and it seems difficult at the moment to think of tracing funds for a provision that would weigh too much on the state coffers and would weigh down the financial forecasts of the 2022 Budget Law.

7 thoughts on "Scrapping ter and expiring excerpt balance: the news"

  1. I had suspended and resumed in July I was out of work and would have continued to pay but I don't have the possibility to do it in a single solution so I hope in a short extension otherwise I will go to the usurers, this is up to me and thanks to the government

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  2. Worked a lifetime as farmers, invested with bank loans, built a house, transformed structure, agricultural policies have condemned us to bankruptcy, strangled by debts and with the shame of having been stupid honest short-sighted workers. We are ashamed of those who know us.

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  3. The gap between rich and poor and between state paracula ti and private employees and self-employed is widening. Think how many houses will go to auction and will be bought with little money by the rich, leaving those who may have already paid the mortgage for years in the shit. Think people think.

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  4. Usual Italian stuff… A bit of common sense would suggest dividing the amount…. What's the point of paying in installments and then having to pay 4 installments in a single solution???

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  5. It sucks we are in a state of emergency but you are charging all the scrapping installments that sucks but where are you from? W then you complain that businesses run away you are legalized vampires

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    1. Don't worry, the voters of the Democratic Party will vote for them with their eyes closed, especially pensioners and state workers. The state saved their lives with the lockdown, smart working and vaccines. They have not lost a cent, in fact they have saved!

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