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Cash ceiling: in 2022 the threshold set by Monti returns

Starting next year, the amount beyond which it is not possible to pay in cash will be halved - News also arriving on the receipt lottery - Cashback travels towards the end, but the M5S does not give up

Cash ceiling: in 2022 the threshold set by Monti returns

From 2022 January XNUMX the cash cap it will subside from two thousand to one thousand euros. This is the main measure included in the tax decree associated with the maneuver to encourage the use of traceable payments and therefore reduce undeclared transactions.

Thus it returns to threshold set in 2011 by the Monti government, which had been raised to 3 euros by the Renzi government (a recent Bank of Italy study attributes a 0,5% growth in undeclared money to that choice) and then reduced to the current 2 euros in 2019 by Conte2.

For the moment, the only opposition to the lowering of the ceiling on cash comes from Brothers of Italy, which with an amendment to the tax decree has asked to postpone the provision to 2023.

Even Confartigianato agrees with the measure, according to which cash is "now residual even for small businesses".

It goes in the same direction – bring out the hidden economy in the eyes of the tax authorities – too the tax credit for the installation of the Pos, which will double on cutting-edge devices starting next year.

The third intervention against undeclared payments consists instead of a revision of the Receipt lottery (refinanced with 45 million for next year), which could become a reality starting next summer.

The goals are to get more people involved and to get winnings paid out faster. It then points to rearrange awards (today weekly, monthly and yearly for a value ranging from 25 thousand euros to 5 million) dividing them into smaller amounts, in the order of hundreds of euros. Furthermore, to make winnings instantaneous, the simulations require that the cash register releases a QR code to be scanned with the GiocoSicuro App (but it can also be integrated into the AppIO): an update to the recorders would be needed, which however should not be complex.  

Nothing to do instead for the cashback, which will not be renewed for 2022. At least, this is the intention of the Draghi government, but the 5 Star Movement has no intention of giving up and could present an amendment to the tax decree to reintroduce (in perhaps weakened form) the measure launched under the second government of Giuseppe Conte.

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