Subject: Decree Law April 8, 2020, No. 23 so-called "LIQUIDITY DECREE"
ENLARGING THE PLATEA OF WORKERS WITH THE RIGHT TO ACCESS SOCIAL AMORTIZATION (Art.41)
The worker's company seniority requirement for access to integration treatments (CIGO, ordinary allowance, CIGD), previously set at the date of hiring by Feb. 23, 2020 has been expanded.
In fact, workers hired until March 17, 2020.
SUSPENSION OF PAYMENTS FOR BUSINESSES AND WORKERS based or domiciled in the territory of the state (Art. 18)
Item | Recipient access conditions | Period affected by the suspension | Resumed disbursement |
Suspension of payments: - VAT; - withholdings made on employee and assimilated income, regional and municipal surtaxes; - contributions social security and welfare, and to compulsory insurance premiums. | At least 33% reduction in turnover, with reference to the same period of the previous year (March and April). In the case of revenues or compensation exceeding 50 million, the reduction must be at least 50 percent. | Payments due in April and/or May | The suspended payments must be made by June 30 in a single payment or up to a maximum of 5 equal monthly installments starting in June 2020 |
EXTENDATION OF NON-AUTHORISATION OF WITHDRAWAL DEDUCTIONS ON SELF-EMPLOYMENT INCOME, OTHER INCOME AND INCOME (Art.19)
Item | Recipient access conditions | Period affected by the suspension | Resumed disbursement |
Self-employment income, other income and commissions | revenues or remuneration not exceeding 400,000 euros in the tax period preceding the one in progress as of March 17, 2020. revenues and remuneration received in the period are not subject to withholding taxes by the withholding agent, provided that in the previous month they did not incur expenses for employee or assimilated labor services. Taxpayers, who make use of this option, shall make a special declaration showing that the revenues and compensation are not subject to withholding under this provision. | Revenues and fees received from March 17 to May 31, 2020 | Withholdings made must be paid by the recipient by July 30 in one lump sum or up to a maximum of 5 equal monthly installments beginning in July 2020 |