TV license in electricity bills, tax deductions for energy efficiency and restructuring are confirmed, cancellation IMU bolted on and, therefore, also of some renewable sources: these seem the main novelties for the energy contained in the Stability Law in 2016.
The Council of Ministers approved the bill containing provisions for the formation of the annual and multi-state, namely the Stability Law 2016. A budget package to 26.5 billion euro, which will increase to 29.5 billion according to the acceptance or otherwise of the request made to the EU, to use a 0.2% space provided more for the “clause migrants”.
Waiting for the text we see the main elements as disclosed by Palazzo Chigi, from those affecting the energy world:
BONUS BUILDING – the first is confirmed to 50% tax deduction on building renovations, as we know also valid for the installation of photovoltaic systems, storage systems, stoves and other products for the self-energy.
Extended by a 65% tax deduction also known as ‘eco-bonus’, for energy upgrading of buildings, which also applies to expenses, such as the installation of solar thermal systems, heat pumps, biomass boilers and higher still .
This link guides updated to the two measures which, as noted by a study Cresme-Study Centre of the Chamber presented in recent days, since their introduction led to the country system a net benefit of over 15 billion euro.
FEE RAI IN BILL – In the bill you will also pay the fee Rai, which will be reduced from the current 100 113,50 EUR, without prejudice to existing exemptions.
IMU bolt – The bolt will no longer be counted for the calculation of real estate tax for a tax reduction amounting to 530 million euro. This could lead to tax benefits for certain plants to renewable, for example for some photovoltaic systems.
They could affect the world of clean energy companies and, more generally, these other measures:
IMU FARM – are exempted dall’Imu all farmland – mountainous, semi-mountainous or flat – used by farmers, farmers and professional societies. The tax relief for all those who use the land as a productive factor is equal to 405 million euro.
DEPRECIATION – The measure is intended to encourage investment in new capital goods (from 15 October 2015 until 31 December 2016) through the recognition of an increase in the deduction for the determination of IRES and IRPEF. The increase in the tax base is 40% bringing to 140% the value of the deduction.
IRES – It will reduce by 3.5%, from the current 27.5% to 24%, from 2017, with a reduction of 3.8 billion in the first year it will reach about 4 billion the year after. It will bring forward by one year the entry into force of the rate reduction if the European institutions agree the ‘clause migrants’.
IRAP IN AGRICULTURE AND FISHERIES – Since 2016 is cleared.
PROFESSIONALS AND SMALL BUSINESSES – The rule is modified to expand access to the taxation of lump-sum benefit. The revenue threshold for access to the scheme will be increased by 15,000 Euros for professionals (bringing the limit to € 30,000), and 10,000 € for the other categories of businesses. It is extended the possibility of access to the flat to employees and retirees who also have their own business as long as their income from employment or pension does not exceed 30,000 Euros. For new start-up is planned a regime of special favor with the rate coming down from 10% to 5% applicable for five years (instead of three years). Waiting for a structural reform on the taxation of partnerships, increases the retention of IRAP deduction for this type of companies from 10,500 to 13,000 Euros.
RECRUITMENT – Even for new permanent staff appointments made in 2016 is expected to facilitation by reducing contributions to 40% for 24 months, a measure that leads to a total reduction amounted to 834 million in 2016 to rise to 1.5 billion in 2017.
BARGAINING DECENTRALIZED – On the share of wages in productivity, profit sharing of the employees or corporate welfare arising from the enterprise bargaining is the standard rate reduced by 10% with a tax deduction totaling 430 million in 2016 rising to 589 in the following years . The bonus will have a ceiling of 2,000 Euros (extendable to 2,500 if they traded institutions also participate) and will be used for all income up to 50,000 Euros.
Finally, other measures of general interest:
ELIMINATION INCREASES AND EXCISE VAT – are totally disabled to 2016 the safeguard clauses provided for in the previous legislation for a value of 16.8 billion. Consequently there will be no increases in VAT and Excise duties.
TASI-IMU – The tax on first homes is abolished for all for a reduction in tax payable at around 3.7 billion. The Tasi is abolished for the tenant who owns a building used as main house.
COMPENSATION TO COMMON – The municipalities will be fully compensated by the State for the loss of revenue resulting from the aforementioned exemptions Imu and Tasi on main house.
STABILITY PACT COMMON – The new rules will enable municipalities that have resources on hand to engage them for investments of about 1 billion in 2016. In addition will be allowed the release of payments of existing investments (and so far blocked by the Covenant) provided that the common have the money in cash.
CASH – The threshold for cash payments rises from 1,000 to 3,000 Euros.
SIMPLIFICATIONS TAX – It is anticipated a year simplification of administrative sanctions in the field of taxes. The companies will immediately repay the VAT to uncollected receivables, without having to wait until the end of the selection procedures. It allows the dissolution of shell companies.
CONTRAST TO POVERTY – is established at the Ministry of Labour and Social Policy the ‘Fund for the fight against poverty and social exclusion’ to which is assigned the sum of 600 million euro for 2016 and one billion from 2017. The Fund will finance the enabling law on poverty that is approved as connected to the stability law. The measure will be primarily directed to poor families with dependent children. Is then established, on an experimental basis, another fund designed to support measures against poverty education, endowed by payments made by banking foundations. Through this second initiative will make available an additional 100 million a year.
RETIRED – Increase the “no tax area”, namely the income threshold by which the pensioners do not pay the income tax. For persons above 75 years will pass from the current threshold of 7,750 Euros to 8,000 Euros, essentially the same level as for employees. For retirees younger than 75 years the “no tax area” increases from 7,500 Euros to 7,750 Euros.
PROTECTING PENSIONS – it is expected to seventh operation “safeguard” in favor of those in need with the job and that they have not completed the requirements of the law Fornero to enter retirement. To finance the seventh ‘safeguard’ they spend the resources not used in previous safeguards closed.
WOMEN’S OPTION – The experimental regimen for women who intend to leave the job with 35 years of contributions and 57-58 years of age (and the pension calculated under the contributory) is extended to 2016, when the requirements are to be accrued.
PART TIME – The rule is designed to accompany older workers to retire actively. You can ask for part time but without penalties on board because the state will bear the imputed contributions. The employer must pay payroll to worker’s share of contributions referred to the hours not worked, it will become so in net wages.