Credit transfer and collective agreements, the next steps for building bonuses


03/30/2022 – With the conversion law of the Sostegni ter decree, published in the Official Gazette, changes the panorama of tax deductions for the redevelopment of buildings.

Not all changes are already in effect. The transition, which will be completed by the end of May, also involves the methods for forwarding communications to the Revenue Agency to take advantage of the concessions.

Building bonuses, the rules already in force

With publication in the Gazzetta, the maximum limit of three steps for the assignment of credit. After a first free transfer, the two subsequent transfers can only be made in favor of banks and financial intermediaries, companies belonging to a banking group or insurance companies authorized to operate in Italy.

There is a transitional periodwhich can benefit those who have communicated the credit transfer or the discount on the invoice by February 16.

There are also heavier penalties for professionals who swear by false statements or omit relevant information. They will be punished with the imprisonment from 2 to 5 years and with the fine from 50,000 to 100,000 euros

Credit transfer and invoice discount, communications by 29 April

The regulatory changes made it necessary to adapt the IT system with which taxpayers, who have opted for the discount on the invoice or for the assignment of credit, communicate their choice to the Revenue Agency.

The published law therefore sets April 29, 2022 as the deadline by which notices must be sent to the tax authorities.

Pre-filled available from 23 May 2022

Consequently, the date from which the Revenue Agency will make the pre-filled electronic tax return available is also postponed. The pre-filled, which is normally available from April 30, for 2022 will be available from May 23.


Fractional credit transfer, ban from 1 May 2022

From 1 May 2022, the limits on the assignment of credit become more stringent. The receivables deriving from the discount on the invoice or the assignment of the credit cannot be subject to partial assignments after the first communication of the option to the Revenue Agency. The credit will be assigned a unique identification codeto be indicated in the communications of any subsequent transfers.

Building bonuses, mandatory collective agreements from May 27, 2022

The tightening on building bonuses is completed on May 27th. Starting from this date, anyone wishing to take advantage of the building bonuses for construction works indicated in Annex X of Legislative Decree 81/2008, of amount exceeding 70,000 euroswill have the obligation to contact companies that apply collective agreements in the construction sector, national and territorial, stipulated by the most representative employer and trade union associations.

The collective agreement applied must be indicated in the contract awarding the works and in the invoices issued in relation to the execution of the works. In the absence of this information, it will not be possible to obtain the compliance visa.


Source: Le ultime news dal mondo dell'edilizia by www.edilportale.com.

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