Tuesday, April 7, 2015

Revenue, revenue declined in the first two months of 2015. Revenue from … Boom – The Messenger

2015 starts with a revenue decline in the first two months of the year. And with a February even more negative. To mark a contraction in particular VAT, ie a thermometer important patterns of consumption and therefore of a possible resumption: drops of 5.6% in two months, a decline that accelerates further in February with a -7, 1%.

A consular however the data on the revenue from the fight against tax evasion: the verification activity and control allowed to cash within two months 32.6% increase, which translated into absolute values ​​worth 727
 million euro.

The Revenue still suffer long wave of the crisis. In January, the data of industrial production had already indicated a slowdown of production. Now the data of the Department for fiscal policies show that not only January saw the economy contrasi, but that also does not record February reversals. The tax revenue has stood at 61 billion, a decrease of 0.8% in the first two months of the year. But the decline is even higher if you look in February (-1.5%).

The negative signal comes mainly from VAT, the tax you pay on consumption. In the first two months of falls 5% on internal trade and imports by 8.8% on average by 5.6%. In February, then, the decline is even more pronounced: -6.6% on internal trade, -11% on imports. Overall -7.1%.

But the income tax recorded the difficulties of the crisis, whether at work, both on business. The personal income tax falls 0.1% in two months and only 0.9% in February. The decline main regards withholding of public employees, while those on the employees’ private, show a slight growth. Even worse goes to businesses: certain the first two months of the year are not significant because companies pay the IRES with tax returns, but the revenue dropped by 57.1%.

Better go instead to the substitute tax on capital income and capital gains: the collection of the first two months amounted to 1.3 billion, 500 million more than in the past. Better (+ 93%, representing an increase of 530 million) goes only by the substitute tax on the actual value of pension funds.

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