Tax free day: for SMEs eleven days less work for the Tax – The Republic

MILAN – the sweetest Holidays for small business owners: last year they stopped working to pay taxes on August 9, “snatching” eleven days to the tax authorities. Retreats in fact the Tax free day, namely the day on which the farmer can finally begin to allocate corporate earnings to the company and to his family. In 2015 the Tax free day is in fact dropped on August 9, while in 2014 the date was August 20th. To detect it is ‘municipality that go tax authorities find that’, the Cna Observatory on the taxation of small business, now in its third edition, which analyzes 124 Italian municipalities. A forum from which the Deputy Minister of Economy, Luigi Casero, has promised interventions size-compliance obligations for businesses: “In Italy it takes too long by businesses to comply with tax regulations unlike other European countries,” he said . For this, the objective that the government has given the tip, “within a month, to the presentation of a simplification action to reduce these requirements, to eliminate some procedures so that businesses commit fewer hours to comply with the formalities tax. “

the association meanwhile outlined in 2015 by a” frame “for Italian SMEs: last year, it marked a” positive “discontinuity on the fiscal front, with craftsmen, micro and small businesses that have seen the decline burden of taxation as a whole (Total tax rate) to 60.9 percent: 3.6% less than the peak reached in 2012 (64.5%). But unfortunately in 2016 the music changes: the decline in the tax burden stops. The Observatory Cna booby taxation even foresees a slight increase in Total tax rate (+0.1 percent) to rise to 61% overall.

Next to an “objective reason for satisfaction”, according to the small businesses the level of the tax burden in Italy is still intolerable (19.4 points more than the European average) and “highly detrimental to entrepreneurship”. In addition, most of the interventions of the Stability 2016 “Law does not produce appreciable effect” on SMEs, if not the benefit from super amortization for investments made during the year. The survey, from all the regional capitals and the province, while based on the enterprise-individual type, five employees, 430 thousand euro in revenue and 50 thousand euro of profits. But for Cna “we can and must improve the tax system.” Three lines: “a greater reduction in the tax burden; the reversal of the tendency to transfer the burden of controls on businesses; the smart use of fiscal incentives to boost domestic demand.”

Looking at the expectations for 2016, in Reggio Calabria is the title of Italian cities with the highest taxes: 73.2%. Second Bologna, with the Total tax rate to 71.9%. Third Rome, to 69.8%. Scale two places Catania, fourth, with 68.5%. Florence fifth, with 68.5%. Bari sixth (67.9%). Napoli slipped to seventh place (it was third), 67.8% ahead of Salerno, remained eighth, with 66.8 percent.

According to the incidence of the tax authorities, will move more or less in forward the need to work for the tax authorities: the small of Reggio Calabria firms must work for the taxman up to September 24, nearly a month and a half more than the average (10 August). Follow Bologna (19 September), Rome (September 11) Catania and Florence (September 7), Bari (September 5), Napoli (4 September), Salerno and Cremona (August 31), Foggia (August 30).

in contrast, the Eden of enterprises is Gorizia, where the incidence of the tax burden stops at 54.4%. Gorizia took away the scepter in Cuneo, second with 54.5% at par with Belluno, instead improves by one position. The loses Sondrio (54.8 percent) while quint’ultima remains Udine (55.2 percent). In the top ten of the municipalities less onerous enters, then, Carbonia (55.3 percent) above Imperia, Arezzo and Mantova (55.7 percent) and Vicenza (55.9 percent). The total tax rate corresponds, even among common at lower costs, the tax-free day. In Gorizia, Cuneo and Belluno we start working for the company and his family July 17 (well over two months before the Reggio Calabria), July 19 in Sondrio, 20 in Udine and Carbonia, 22 in Imperia, Arezzo and Mantova, 23 in Vicenza.