IMU has until 16 June 2023 to pay the 2023 down payment, which is the first installment to the municipalities. Not all landlords have to pay the municipal property tax, there are deductions as well as exceptions and exemptions. In this simple guide, let’s see all the news of this year, who will have to pay and who will not, how to calculate the tax liability and how to make the payment.
Who has to pay the Imu 2023 deposit?
Imu is a tax established by the Monti government in 2011 on real estate ownership. It was also valid in the main building until 2013 and has undergone several changes over the years. According to the regulations in force, property tax is not charged on the main residence (where the registered residence or habitual residence is located) and related additions such as garage, parking lot, unless luxury properties are concerned. cellar or attic. In particular, the following are required for payment of the IMU:
- owners of the first luxury homes: cadastral categories A/1 (magnificent properties), A/8 (villas) and A/9 (castles and palaces);
- second home owners;
- property owners other than the main residence (offices, hangars, shops, warehouses, hotels, other commercial and industrial properties, construction sites and farmland).
Eligible council tax must be paid in two instalments: prepayment and balance. The first installment must be half of the amount paid in the previous year and must be paid by 16 June 2023 this year. The balance, which is the second and last installment, must be paid by December 18, taking into account the new rates agreed. by the individual partner.
Imu, news of 2023: exemptions and discounts
Not all owners of the properties listed above need to mark the 16 June deadline on their calendars. Residents of the flood-affected regions of Emilia-Romagna, Marche and Tuscany (in municipalities and hamlets listed by Legislative Decree 61/23) are exempt from paying the Imu 2023 advance. Payment for them was postponed to November 20, with no penalty and no interest, less than a month from the balance (December 18, 2023). As a novelty compared to the past, the owners of illegal houses are also exempted from property tax.
There are also concessions that reduce the amount owed. For example, 50% of the IMU is paid on homes given as free loans between parents and children, and 75% on homes rented at an agreed-upon rent. In the case of buildings of historical or artistic value and houses that are unusable or uninhabitable, taxable income is reduced. In some municipalities, full exemption is foreseen for the elderly or disabled people who are hospitalized or settled in health institutions after hospitalization. In case of separation or divorce, the installment must be paid by the transferee spouse, even if he is not the owner. The exemption is triggered if the children are entrusted to the parents by the judge.
How to pay Imu 2023 deposit
Payment of the 2023 advance amounting to 50 percent of the 2022 advance can be made with the F24 model or by postal money order. If you use F24, it will be possible to offset the tax with any tax or social security credits. In the “IMU and other local taxes” section, the municipality’s cadastral code, the number of immovables paid, the tax year and the amount to be paid are grouped, with the tax code, uniform motion. Important: You must tick the “Download” box.
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Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
