The deadline is approaching payment of second installment of the IMU: must be paid by the 18 December 2023 (the 16th falls on a Saturday). The single municipal tax is a tax applied to properties, excluding the first home, aimed at financing municipal services. Each year, owners must make two payments: the first balance by June 16 and the final balance by December 16 (this year it is postponed as it falls on a Saturday). It is essential to respect this deadline to avoid any penalties or late payment interest. Between confirmations and (few) news here's one guide complete on everything you need to know about the second installment of the Imu 2023.
Imu 2023: who has to pay it? And who doesn't?
Generally speaking, theIMU is due for the possession of:
- buildings, with the exclusion of main (and similar) homes and their appurtenances, not belonging to the cadastral categories A/1 (elegant homes), A/8 (villas) and A/9 (castles);
- building areas;
- agricultural land.
So, stay excluding the payment of the Imu for themain house and related appurtenances: C/2 (warehouses and depots); C/6 (stables, stables, garages and sheds); C/7 (closed or open canopies). Even if the exemption only applies to those who live there and have registered residence (the case of separate residences between spouses is different). The tax, however, is paid for luxury properties (even if it is a first home) such as villas, castles and stately homes, but with a fixed discount of 200 euros. Yes payment even for the second homes as well as rented or vacant buildings, offices, shops, industrial warehouses and agricultural land.
What are the conditions for reducing the IMU?
One applies 50% Off for homes granted on loan for use to relatives in the direct line within the first degree (parents and children or vice versa) who use the house as their main habit (except for cadastral categories A/1, A/8 and A/9). Same reduction for ifbuildings declared unusable or uninhabitable and in fact not used (limited to the period of the year during which said conditions exist) and for foreign pensioners (if they own their own home in Italy, not rented and not on loan for use). Finally, for building areas owned and managed by direct farmers or agricultural entrepreneurs, homes rented at an agreed rent, the tax, determined by applying the rate established by the Municipality for homes other than the main one or for the specific case in question, is reduced to 75%.
To benefit from the exemption, a specific communication must then be submitted to the Municipality and the exemption is limited to the period of the year during which the foreseen conditions exist.
What are the exemptions?
Among exemptions falls within the case of spouses with different residences in the same municipality or in different municipalities. This is what is foreseen by the sentence no. 209/2022 of the Constitutional Court. Now, to benefit from the exemption, the owner must have established registered residence and habitual residence in the property, regardless of the registered residence of other family members.
The exemption from IMU also includes the home given to separated or divorced spouse assignee of the former family home. The exemption applies even if the person is not the owner or in the absence of a marital relationship as long as he habitually lives there and maintains his residence.
The IMU does not apply to real estate units owned by undivided ownership housing cooperatives, used as the main residence of the assignees or intended for student members of the assignees, regardless of residence. The exemption then extends to the accommodation regularly assigned by the Istituto Autonomo Case Popolari (Iacp) and to those of social housing.
Other exemptions include elderly homes who have permanently transferred their residence to hospitalization or healthcare institutions (RSAs).
How is the IMU calculated? Here is a practical example
To understand how much you have to pay you need to know two elements: the value of the cadastral income of the property and cadastral coefficient. The first is set byInland Revenue for each property and can be found on the cadastral survey or can be requested from the Tax Office. The second one is established by the Municipality, within certain limits, and varies based on the cadastral category of the property.
Suppose we have an apartment with a cadastral income of 1.000 euros, located in a municipality that has approved an IMU rate of 1,2%. Here's how the calculation is done:
- Calculation of 5% on the cadastral income: (1.000×5%) = 1.050 euros.
- It is multiplied by the cadastral coefficient (let's assume that the cadastral coefficient for residential properties is 160): 1.050×160 = 168.000 euros (revalued cadastral income).
- Then it is multiplied by the municipality's rate: 168.000×1,2% = 2.016 euros
So, in the example, the amount of IMU due would be 2.016 euros which is divided into two installments, with the first installment due on 16 June and the second on 16 December of each year (for 2023 it is 18 December) . Please remember that the rates and calculation mode can to vary based on the decisions of the municipality to which they belong.
What are the new 2023 IMU rates?
The IMU advance paid by 16 June was based on the amount paid in 2022. As regards the second installment, the amount due for the entire year must be calculated taking into account any purchases, sales, inheritances or changes of destination. The balance applies to therate approved by the Municipality by October 28th, and then deduct the deposit. In case of failure to resolve, the rates/deductions adopted for 2022 remain in force. However, this last rule will change from 2025 (following the extension provided for by the “Milleproroghe” decree), as required by the 2020 Budget Law, for which in the absence of a resolution from the Municipalities, the percentages standard established by law and no longer those from the previous year. The adjustment balance, therefore, will be based on these minimum rates. With the percentage unchanged - and without changes - it will be sufficient to pay the same amount as in June.
Ma where can they be found? You can use the official tool provided by the finance department which contains all the regulations published by the Municipalities.
How do you pay the second installment of the 2023 IMU?
The payment of the Imu can be done with the model F24, Postal or via the platform PagoPA. However, with the F24 there is an advantage: you can pay the amount due in multiple municipalities and debit your current account.
If you miss the deadline, you can regularize the situation with the active repentance. The taxpayer who pays the tax before the assessment can benefit from one reduced penalty and late payment interest, provided that no administrative checks or audits are underway.
The penalty starts from a minimum of 30% of the amount to be paid, in the case of omitted or incomplete payment, up to 200% in the event that the IMU declaration is not presented. Instead, the legal interest rate in 2023 is set by the Mef at 5%.
Imu balance: what changes in 2023?
Among new this year the exemption for children stands out illegally occupied properties, provided that the owner has filed a complaint with the judicial authority for trespass. The following remain in force exemptions for the damaged buildings dai earthquakes of 2012 in Emilia-Romagna, Lombardy and Veneto and of 2016 in Lazio, Marche, Umbria and Abruzzo, while the extension for the Municipalities affected by the May flood was not renewed in Emilia-Romagna, Tuscany and Marche: the deadline for pending obligations is set by 10 December while for the balance Imu remains the deadline of December 18th.
