Sostegni Decree: one step towards publication in the Official Gazette!

The long-awaited Support Decree, approved in the CDM last Friday, prescribes a series of measures to support the economy and the health of all citizens.

In summary the main measures adopted:

a) Non-repayable contribution for businesses and professionals, equal to a % of the drop in average monthly turnover recorded in 2020 compared to 2019;

b) Other policies for businesses and self-employed workers, consisting of an increase in resources for the Fund for the exemption of social security contributions owed by self-employed workers and professionals who in 2020 suffered a drop in income of more than 33% compared to 2019;

c) Further interventions for the sectors seriously affected by the pandemic crisis, among which the trade fair sector, the organization of events, culture and entertainment, sports, catering activities, agriculture, fishing and aquaculture stand out;

e) Tax measures with: 1) cancellation of tax bills up to 5,000 euros for the period 2000-2010 for subjects with an income of less than €30,000; 2) facilitated definition of friendly warnings for the 2017 and 2018 tax periods for subjects who have suffered a 30% drop in business volume compared to 2019;

f) Extension of the suspension of compulsory collection activities until 04.30.2021!