By next October 31, 2021, each tax withholding agent will be required to electronically submit Form 770/2021 for the 2020 tax year.
This year the date set is Oct. 31, which falls on a Sunday, so the deadline slips to Nov. 2, the first non-holiday after that.
The main new features of Form 770/2021 include the following:
in the ST and SV forms of Form 770, a special section "COVID Suspension" has been provided for, which must be filled in, if necessary, with the appropriate coding to be entered in the "Note" (field 15) and "Suspended Amount" (field 16) fields, in order to indicate the amounts suspended as a result of the health emergency. We specify that these fields should be filled in in order to report any payments of withholding taxes initially not made and/or not paid for the suspensions introduced during 2020 by the legislature as part of the economic support measures for businesses and workers in order to cope with the Covid-19 epidemiological emergency;
special fields have been added to the SX panel in order to be able to show the amounts related to the legislative innovations introduced in the year 2020, highlighting the credit due to the withholding agent for the payment of the premium under Decree-Law no. 18/2020 intended for employees who, having worked in attendance in the month of March 2020 and did not take advantage of agile work in the prescribed period, claimed the right to it (field SX1 point 6), as well as the supplementary treatment referred to in Decree-Law No. 3/2020 introduced to replace the so-called IRPEF bonus (for which field SX49 was introduced).
We ask that you send us by Friday, 9/24/2021, if you do not have
already provided:
Legible copies of receipts for F24 forms reported for 2020, including receipts for payments for January, February and March 2021;