Saturday, August 16, 2014

In August comes the “Sting Tax” shall mean undertakings and autonomous … – Rai News

In August comes the "Sting Tax" shall mean undertakings and autonomous … – Rai News



According to estimates by the Institute the most consistent of the 11 timetable will be VAT: revenue should be of 13.1 billion euro. This is followed by payment of withholding income tax of employees and employees

Companies and self-employed must pay to the Treasury by the end of August, more than 29 billion euro in taxes. It is the “sting tax” estimated by the CGIA Mestre. Of the 11 tax deadlines and social security contributions due, according to the calculation of the CGIA, the entry “will weigh” more on the taxpayers’ pockets will be the VAT: revenue should be of 13.1 billion euro.
Followed by the payment part of employers 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 which should guarantee a revenue 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 deadlines
The Office study points out that the 11 key dates are 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, that is September 1.

“Tax burden could increase”
According to the CGIA, in perspective, the tax burden on taxpayers Italians could even increase if the Government fails to cut public spending as it has set itself, triggered 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 Italians who already are among the most harassed taxpayers of Europe “

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