General information
Law decree no. 99 of 30 June 2021, stated that those funds which are set aside will be dedicated to the reform of social safety nets. In particular, for the cashback: from 1 July 2021 to 31 December 2021, the program for the allocation of cash refunds for purchases made using electronic payment instruments (Cashback Refund) is suspended.
Refunds for periods: January 1, 2021 - June 30, 2021, and January 1, 2022 - June 30, 2022, will be paid respectively: by 30 November 2021 and by 30 November 2022.
The special reimbursement of 1,500 euros for purchases with electronic cards to the first hundred thousand members who have totaled the highest number of transactions will apply for the semesters: January 1, 2021 - June 30, 2021, and January 1, 2022 - June 30, 2022.
The tax credit on commissions relating to electronic payments- commissions charged for payments with POS, therefore with ATMs, credit cards, prepaid cards, and other traceable payment instruments- charged to merchants and professionals with revenues or fees of up to 400 thousand euros is increased from 30% to 100%.
The beneficiaries are those who carry out business, art, or professional activities, who carry out sales of goods or services to final consumers. Subjects who must adopt electronic payment instruments connected to telematic cash registers or advanced collection tools, through debit and credit cards and other forms of electronic payment that allow them to fulfill the obligation of electronic storage and transmission of payments.
An additional bonus is provided for those who buy or rent the POS. Furthermore, if these subjects, in 2022, connect to the daily transmission systems of the fees to the Revenue Agency, they will receive an additional tax credit, with a ceiling of 430 euros and with a percentage that progressively impacts from 100% to 40% in relation to the turnover generated.
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