With a clean slate, the rule concerning the raising of the amount was canceled by the Aiuti quater decree cap on cash from one thousand to 5 thousand euros. The measure, the government says, will be included in the next budget law and will in any case enter into force on 1 January 2023. In substance, therefore, it changes little, in form a lot.
Cash: the ceiling of 5 thousand euros canceled by the Aiuti quater decree
Paragraph 2 of article 6 of the Aid quater decree approved by the Council of Ministers last November 10 and which foresaw the increase in the threshold for the use of cash at 5 thousand euros from 1 January 2023 it disappeared from the provision.
“In article 49 of the legislative decree 21 November 2007, n. 231, the following modifications were made: (...) in paragraph 3-bis, second sentence, the words "1.000 euros" are replaced by the following "5.000 euros", as stated in the text.
"We have chosen to raise the cash limit to 5 euros, we had it in the program and the choice that has been made is to align with the European average", announced the Prime Minister Giorgia Meloni at the press conference. But in the latest draft of the measure, dated November 16, there is no measure. Canceled despite the go-ahead from the government.
The cash ceiling will still go up from 1 January 2023
Sources from Palazzo Chigi underlined that this is not a step backwards: the cash ceiling will in any case be increased to 5 thousand euros starting from 1 January 2023. The instrument that will sanction the increase will change: the measure canceled by the Aiuti Quater decree will be included in the budget law which will arrive on the table of the council of ministers on Monday or in the tax decree connected to the Maneuver.
Why this “move”? The reason is technical. The standard does not meet the urgency requirements provided for by the decree law, they let the Government know.