Superbonus: goodbye discount on invoice, here comes the preventive declaration

The government is running to remedy the risks of new account overruns by the Superbonus and tax and energy bonuses.

«Regulations created in a reckless manner and which have produced devastating results for public finances », says the Minister of Economy Giancarlo Giorgetti bluntly. "Someone smiled about stomach ache - he adds - I confirm that it hurts me and all Italians very badly." Thus the Council of Ministers surprisingly approves a new decree on building bonuses.

The discount on the invoice disappears, the preventive declaration arrives, the compensations with the Ace benefit (which concerns businesses) are blocked, the credits are first compensated with any 'tax assessments'.

"The measures - says Giorgetti - are aimed at definitively closing the excessive generosity" of the measure. In fact a tombstone on future risks and "so we will be able to definitively account in a few days when the window for all invoices and work carried out by 31 December 2023 loads".

The decision comes looking at the new forecasts that the government will make shortly with the Def, in April, and for which Eurostat's evaluation of the bonus accounting criteria is also awaited. Rumors speak of further overruns of 10 billion.

«The bill is already very high - admits Giorgetti, reiterating the alarms already raised in the past - Even if someone is enthusiastic about it, the price for public finances and the debt will weigh heavily for several years to come. The objective of this decree is to put an end point with respect to the impact on 2023, without prejudice to Eurostat's definitive assessments."

Giorgetti outlined the measures: every type of invoice discount and credit transfer has been eliminated for all types that still provided for it, not just for the superbonus. The regularization in bonis is also skipped, with mini sanctions, foreseen for failure to communicate until October 15th. Then there is preventive communication "to have early monitoring of the phenomenon and not only when the invoices are uploaded".

The credits will then be subtracted first from the debts, i.e. from the roles definitively registered in the tax bills. And then comes a new limitation that blocks a newly identified fraud mechanism: «There is the limitation on the transfer of the Ace credit (Aid for economic growth recognized to businesses, ed.) because we have started to notice fraudulent use of this facility which moreover, it is eliminated by the tax reform".