what are the tax codes to use the tax credit

There are several aids introduced by the Draghi government to help businesses deal with the energy crisis of this period. Let’s see together what are the tax codes necessary to use the tax credit.

The Aid Decree ter it strengthened measures to support businesses to help them deal with the current energy crisis which has caused utility costs to rise. In particular, the aid provided for SMEs includes:

  • at companies with a high consumption of electricity and natural gas is entitled to an extraordinary contribution in the form of a tax credit equal to 40% of the expenses incurred in the months of October and November 2022;
  • at companies other than those with a high consumption of electricity and natural gas an extraordinary contribution is due in the form of a tax credit equal to 30% of the expenditure incurred for the purchase of the energy component, actually used in the months of October and November 2022;
  • at companies engaged in agricultural and fishing activities and at companies engaged in agromechanical activity identified with the ATECO code 1.61, an extraordinary contribution is due, in the form of a tax credit, equal to 20% of the expenditure incurred for the purchase of fuel made in the fourth calendar quarter of the year 2022.

THE tax credits must be used by March 31, 2023 in compensation through form F24, or sold, only in full, to third parties.

Tax codes for the offsetting of tax credits

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To allow theuse to offset tax credits by the beneficiary companies, through model F24 to be presented exclusively through the electronic services made available by the Revenue Agency, the tax codes established are as follows:

  • 6983: called “tax credit in favor of energy-intensive companies“(October and November 2022)
  • 6984: called “tax credit in favor of companies with a high consumption of natural gas“(October and November 2022)
  • 6985: called “tax credit in favor of non-energy-intensive businesses“(October and November 2022)
  • 6986: called “tax credit in favor of companies other than those with a high consumption of natural gas“(October and November 2022)
  • 6987: called “tax credit for the purchase of fuel for theexercise of agricultural and fishing activities“(Fourth quarter 2022).

When filling in the F24 form, these tax codes are shown in the “Revenue” section, in the “compensated credit amounts” column, or, in cases where the taxpayer has to pay the benefit, in the “payable amounts” column paid “. The year of the expenditure is indicated in the “reference year” field, in the “YYYY” format.

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About Eric Wilson

The variety offered by video games never ceases to amaze him. He loves OutRun's drifting as well as the contemplative walks of Dear Esther. Immersing himself in other worlds is an incomparable feeling for him: he understood it by playing for the first time in Shenmue.

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