Here comes the “Sting of August,” 29 billion in taxes – AGI – Agenzia Journalistic Italy

Here comes the "Sting of August," 29 billion in taxes – AGI – Agenzia Journalistic Italy

Economy

August 17, 2014 19:10

(AGI) – Rome, August 17 – At the end of the summer, the sting of August this year will rise ’30 billion Euros for enterprises and’ VAT numbers’ in general.

Businesses and self-employed people must pay to the Treasury by the end of August, more than 29 billion euro of taxes, net of social security contributions. And ‘the calculation of the Office of the CGIA studies, according to which of the 11 tax deadlines and contribution provided, the entry “GRAVERA’” more on the pockets of taxpayers will be ‘VAT: revenue should be 13.1 billion euro .
follows the payment by employers of withholding income tax of employees and collaborators, corresponding to an amount of EUR 7.6 billion and the payment of the balance of the advance income tax and that should ensure a yield of 2.45 billion. Others will reach 1.7 billion into state coffers from the payment of the additional income tax, while IRAP and Ires there are other 3 billion euro. Finally, the self-employed will have to pay their own income tax deemed to an amount that is expected to reach 1.3 billion euro.
The Office of the CGIA study points out that the major tax deadlines / contributions this month are 11, so ‘ distributed as follows: 7 by August 20; one by August 25 and the other 3 by 31 Since that date falls on a Sunday, the deadline slide a day (1 September). According to the CGIA, in perspective, the tax burden on taxpayers Italians could even increase if the government does not succeed ‘to cut public spending as we have’ fixed, scatters’ the so-called “safeguard clause”; in this case, “the taxpayers will have to bear a higher tax burden than 3 billion Euros, following the reduction of the benefits / tax deductions and increased tax rates, while the ministries will have to cut spending in an amount of at least 1.44 billion euro. ” “Basically – said the secretary of the CGIA Giuseppe Bortolussi – or are unable to rationalize public spending and reduce waste, the waste and inefficiencies, or to pay the bill will once again be the Italians who already ‘are now among the more taxpayers’ harassed in Europe. “
(AGI).

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