For Italian tax calendar, June has always been a crucial month. The days are getting longer, summer is approaching, but for millions of taxpayers, among professionals, businesses, self-employed workers and ordinary citizens, is above all a period full of obligations. The Revenue authorities, In these weeks, present the bill: declarations to submit, taxes to pay, installments to pay. A real slalom between deadlines that requires attention, planning and, often, the help of a professional.
There is not only the IMU (expires on June 16th), which we have already talked about. June opens and closes with fundamental steps for keep your position in order with the Revenue Agency and with local authorities. Here are all the deadlines for the month.
June 9: eighth installment of the fourth scrappage
The month began with an important deadline, which went unnoticed but was decisive for hundreds of thousands of taxpayers who joined the so-called scrapping quat: the fee had to be paid by June 9theighth installment of the subsidized payment plan. This is the path envisaged by the government to close outstanding debts with the tax authorities by paying only the tax due, without penalties or interest. Those who have not respected this deadline have officially lost the benefits of the measure. A missed opportunity, in many cases, to put even complex debt situations in order.
June 10: Deadline for communicating the assignment of credit
Here is another deadline on June 10th: the communication to the Revenue Agency of thepossible transfer of credit or discount on the invoice for work carried out in 2024. This is the mandatory step for those who have benefited from building bonuses, from the Superbonus to minor incentives, and have chosen to transfer the credit to a bank or a company. Those who have not done so in time, loses the ability to transfer credit and will have to use it directly in the declaration, assuming it has sufficient tax capacity. A deadline that involves thousands of families and businesses, and that every year creates interpretative doubts and last minute chases.
June 16: first IMU instalment due
In the middle of the month, as usual, here is the Deadline for the advance payment of the first installment of IMU. Monday, June 16 is the deadline for all owners of properties that are not primary, non-luxury residences. We are therefore talking about second homes, rental apartments, shops, offices, land, instrumental buildings.
Imu is a local tax, managed by the Municipalities, and the rates can vary significantly from city to city. For this reason, it is always a good idea to check the most recent resolutions on the website of your institution. No extensions are foreseen and anyone who misses the date is subject to penalties and interest.
June 17: Irpef, VAT, contributions and advance payments
The next day, Tuesday, June 17, the tax calendar really gets going. It is in fact one of the busiest deadlines of the entire year. It is the moment in which cmany payments flow in: VAT for the month of May, Irpef withholdings made by tax substitutes on salaries, fees and commissions, INPS contributions, regional and municipal surcharges. But above all, those who have already closed their tax return are called to pay balance 2024 and the first advance payment for 2025. We are talking in particular about professionals, self-employed workers, flat-rate workers and partnerships, but also about individuals with rental income or financial investments.
Who chooses the installment payments will be able to spread the payment over the following months, but with the addition of interest. For those who prefer to take a little more time, it is possible to pay everything by July 30 with an increase of 0,4%.
June 25: Deadline for Intrastat Lists
June 25th is instead the day reserved for economic operators who carry out intra-Community operations. By that date, they mustIntrastat summary lists submitted referring to the month of May, essential for monitoring commercial transactions with other European Union countries and for the correct fulfillment of VAT obligations. A technical but necessary fulfillment, which concerns a significant portion of the Italian productive fabric, in particular in the manufacturing and export-oriented sectors.
June 30: Balance 2024 and first advance payment 2025
The month closes with one of the most important deadlines ever. By Monday 30 June, millions of taxpayers, including professionals, self-employed workers, companies and holders of various incomes, will have to pay the balance of taxes for 2024 and first deposit for 2025The regulatory reference is the Income model 2025, which determines the amounts due as Irpef, Ires, substitute tax for flat-rate taxpayers, flat-rate tax and related additional taxes. The taxpayer can choose whether to calculate the advance payment according to the "historical" method, based on the previous year, or opt for a "forecast" method, estimating the taxes based on the expected income for the current year.
In this case too, the possibility of deferring the tax burden: those who choose to pay by installments can divide the amount due into several monthly payments, but pay interest on the installments following the first. If the first payment is postponed to July 30, an increase of 0,40% must be applied. The subsequent installments have an interest of 0,33% per month and the entire payment plan must be concluded by December 16. Those who submit the declaration with model 730 can indicate the option for payment by installments directly in section F, while those who rely on an accountant or a CAF must communicate it at the time of transmission.
No extension in sight
It should be remembered that, according to the law, if a deadline falls on a Saturday or a holiday, it is postponed to the next working day. But this year, June 30th is a Monday, so there are no possible slips. The the calendar remains the same, and whoever forgets or delays even by a single day will have to dealing with fines and penalties.
