Non-repayable contribution, who is entitled to it and how to obtain it

We are out ofcoronavirus health emergency, at least for now, but the consequences of the lockdown they remain. We need to roll up our sleeves and start again without any hesitation, to get back on track and contribute, at the same time, to the recovery of the Italian economy. All the measures envisaged by the Bel Paese are fundamental to restart the engines of the Bel Paese DL Relaunch.

Among these, the rental bonus it certainly represents one of the most important contributions, designed to support all those companies that had, during the lockdown, a decrease in turnover of at least fifty percent, in each of the months of March, April and May 2020.

Another fundamental provision provided for by the Relaunch Decree (art. 25) is the non-repayable contribution. There are approx. available 6.2 billion euros, allocated by the decree, and now in the process of parliamentary conversion.

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The Revenue Agency has defined the modalities to request and obtain the contribution. It is possible to apply for this relief, for which the Revenue Agency has made available the template (instance for the recognition of the non-repayable contribution) And the instructions for completing and submitting applications electronically.

The non-repayable contribution, planned for SMEs damaged by the coronavirus emergency, is coming paid within ten days by the Revenue Agency, directly on current account of those who have requested it and who are eligible for the application. Another aspect of the contribution is exclusion from taxation, both as regards income taxes both for Irap. Furthermore, the non-repayable contribution does not affect the calculation of the ratio for the deductibility of expenses and others negative components of income, including interest expense.

Non-repayable contribution, who can request it

Who is the non-repayable contribution intended for? They can request:

• businesses;
• VAT numbers;
• agricultural income holders, active on the date of submission of the application.

They can access the contribution, and always in compliance with the requirements established by Article 25 of Legislative Decree 34/2020, as clarified by the circular from the Revenue Agency (there 15/E/2020) on Saturday 13 June, also:

• the subjects who apply the flat rate regime provided for by law 190 of 2014;
• professional societies;
• those who carry out business activities or self-employment (or is the holder of agricultural income) even if, at the same time, he is an employee or pensioner.

However, they cannot take advantage of this benefit:

• the subjects whose activity has ceased on the date of submission of the application;
• registered professionals and employees to private law compulsory social security institutions (the so-called social security funds);
• financial intermediaries and holding companies;
• the subjects who benefit from professional bonuses (art. 27) and del workers bonus of the entertainment (art. 38) introduced by Cura Italia Decree (Decree-Law 17 March 2020, n. 18);

• the subjects who have started operations after April 30, 2020, with the exception of VAT numbers opened by the heirs for the continuation of the deceased's business;
• The public bodies.

Non-repayable contribution, what are the requirements 

As indicated by the guide prepared by the Revenue Agency, there are two requirements to access the contribution:

• limit on revenues or compensation for 2019: you must not have achieved, in the year 2019, revenues or compensation for a sum exceeding 5 million euros. If you have a company with a tax period that does not coincide with the calendar year, it is necessary to refer to the tax period preceding the one in progress on 19 May 2020 (date of entry into force of the "Relaunch" decree). If, however, you carry out multiple activities, the limit of 5 million euros for accessing the benefit concerns the sum of the revenues/compensations relating to all the activities;

• drop in turnover: the amount of turnover and fees for the month of April 2020 must be less than two thirds of the amount of turnover and fees for the month of April 2019. This second requirement is not taken into account if you have started the activity on 1 January 2019 (the contribution is due to you, in this case, regardless of the drop in turnover) or in the case in which you ahas tax domicile or operational headquarters located in the territory of municipalities affected by calamitous events (earthquake, flood, structural collapse), whose states of emergency were in place on 31 January 2020, the date on which the Coronavirus state of emergency was declared.

Non-repayable contribution, how it is calculated

The benefit must be calculated by applying to the difference between the turnover and the fees for the month of April 2020 and the corresponding value for the month of April 2019, a specific percentage of:

• 20% if the revenues and compensation for the year 2019 do not exceed the threshold of 400 thousand euros;
• 15% if the revenues and compensation for the year 2019 do not exceed the threshold of 1 million euros;
• 10% if the revenues and compensation for the year 2019 do not exceed the threshold of 5 million euros.

Non-repayable contribution, how to submit the application

How can you apply for the non-repayable contribution?

You must submit, exclusively electronically, a request to the Agency of Revenue, within sixty days from the start date of the procedure, indicating the existence of all the requirements. It is a self-certification that allows the Revenue Agency to pay the contribution in a much simpler and faster way.

In the instance you have to indicate:

• the tax code of the person requesting the contribution (in the case of a person other than a natural person, or in the case of a minor/interdicted person, the tax code of his legal representative is required);
• the IBAN of the current account to which the sum will be credited as a contribution (the current account must be in the name or joint name of the person requesting the contribution);
• the threshold of revenues/compensation achieved in 2019 which will find a place in the 2020 income model (tax period 2019);
• the turnover reported in April 2019 and April 2020;
• any indication that the activity for which you are requesting the contribution has started from 1 January 2019.

You can also present the application with the help of a authorized intermediary, which you have already delegated to the tax drawer or to the electronic invoice consultation service. To prepare and submit the application, you can use a software and the electronic channel News of July 3rd Entratel/Fisconline or one web procedure in the reserved area of ​​the portal «Invoices and fees» from the Revenue Agency.

They are allowed Fisconline credentials or Agency entrance, Spid (Public digital identity system) e National Services Charter (Cns).

In case your contribution has an amount exceeding 150,000 euros, the application form must be prepared in PDF and digitally signed by you (the applicant), and you must send it exclusively via certified email (PEC) to the following address Instance- This email address is being protected from spambots. You need JavaScript enabled to view it.. Furthermore, with this amount, you will also have to fill in panel A of the form relating to "anti-mafia checks" (anti-mafia self-certification obligation).

For each question, the Revenue Agency system will carry out two subsequent elaborations relating to formal and substantial controls.

The outcome of the two processes will be communicated with specific receipts, returned to the person who sent the request.

To submit the application you have until August 13, 2020.