No, the tax officer doesn’t go on vacation. And a pain in the pockets of taxpayers. In fact, after the short summer break, the Treasury knocks on the door again in August, there are 148 payments due on Monday 21st: VAT to İrpef, through additional taxes, Ires, İrap and a dry coupon, plus a contact and three Adding accounting obligations. That’s not all, because another mini “tax day” is scheduled for Thursday, 31st of this month, where 40 more income tax payments will be concentrated. There are a total of 188 submission dates between Monday, August 21st and the last day of the month. Let’s see in detail what is to be paid.
Relevant to the beginning of the week are the tax deadlines between the 1st and 20th of August, which are monthly or fall in August, when the suspension of all these obligations and payments takes effect. The possibility of performing up to the 20th at no additional cost, but since it’s a Sunday, the deadline inevitably slips into Monday the 21st. To pay the tax due for the second quarter of 2023 with an increase of 1%. VAT will also wait for monthly taxpayers for the deduction and payment of the tax for July. For those who choose to pay in installments, there are also deadlines for direct taxes including Irpef, surcharges, Ires, Irap and a dry coupon.
Also, pay attention to the payment of withholding tax and contributions for employees and self-employed. For withholding taxpayers, 30 payments of withholding taxes incurred in the previous month are foreseen: from withholding on various interest and capital income to withholding on awards and earnings. INPS payments for tradesmen and craftsmen, who will have to pay the second installment of their fixed contribution fees, will be made at a rate of 24% until August 21st, to artisans and assistants whose owners are over the age of 21. However, this rate is 24.48% for traders. For collaborators under the age of 21, this rate is 23.25% for artisans and 24.73% for merchants.
Accounting obligations also call for writing down wages and revenue from business activities relative to the previous month in relation to amateur sports associations, non-profit organizations and pro loco.
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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.