“Model 730” 2024 easier
Il ‘model 730’ has nothing to do with what happened a few decades ago. In recent years it has changed profoundly. An employee or pensioner who wants, for example, to recover medical, school, sports or university expenses can do so independently, without resorting to a Caf. But there is a problem: in order to avoid errors and, consequently, a lack of financial reimbursement, before turning on the computer and connecting to the Revenue Agency website it is necessary to study the instructions carefully which this year amount to 152 pages, eight more than the same 2023 edition.
It’s good that he does so to check the correctness of the deductions inserted by the financial administration in its ‘online model’ and for the possible integration of missing items. In short, it is no longer that ‘labyrinth’ of the past but nor is it very simple to fill in, explains the CGIA Research Office. It is true that in recent years the the number of those who self-fill in the ‘730’ is constantly increasing and this would suggest that the operation, as a whole, is very easy.
However, it cannot be excluded that, at least in part, this is due to the fact that, as permitted by law, many technicians and tax assistance workers in this period also receive the delegation to draft it from acquaintances, friends and relatives, against the payment of a few tens of euros in “black” money for each declaration.
There are no data, but there is the impression that this phenomenon is significantly increasing, claims the CGIA which then points out that from this year the method of submitting the declaration should be much simpler than in the last editions. The Revenue Agency, in fact, will make available to employees and pensioners (in a specific section of the web application of the pre-compiled declaration) the information in its possession which – through a guided path – may be confirmed or modified.
“To date we do not know how simple the help that the tax authorities will make available to us will be; however, once defined, the information will be automatically reported in the fields of the ‘730 form’ which can then be sent to the Agency. Let’s be clear: if you do not intend to make use of this simplified method, we will proceed in the ordinary way, entering new data or modifying existing ones”, the association further explains.
The Parliamentary Budget Office (UPB), reports the CGIA, notes that in 2024 there will be 625 tax discounts while in 2018 there were 466 (+34.1%). The increase is attributable to the surge in tax credits linked to construction works. These 625 expenditure items guarantee one tax discount for all Italian taxpayers which, this year, is close to 105 billion euros. Compared to 2018 (54.2 billion), the economic benefits in absolute value have almost doubled (+93.6%). Irpef taxpayers alone (employees and pensioners), again in 2024, can enjoy an economic advantage attributable to tax expenses of 57.5 billion (55% of the total).
The UPB has created a focus on deductions for charges and donations, where the main types of deductions concerned healthcare, mortgages for the main home, education, insurance, donations and funeral expenses. In the 2021 tax year, the tax benefit, which amounted to 6 billion, mainly affected high-income taxpayers, while low-income individuals benefited from few tax benefits due to tax insufficiency. The latter is a phenomenon that is also expanding following the progressive increase in Irpef exemption thresholds and the greater use of other forms of deductions, such as construction tax deductions.
In short, “the constant increase in the number of tax deductions and deductions has increased the fragmentation and worsened the transparency of our tax system, benefiting the wealthy to a greater extent, rather than the poorest.
Although this year we will be able to count on a “simplified model 730”, the problem should be addressed differently, allowing lower incomes to receive a direct monetary transfer from the State, rather than benefiting, in an increasingly limited extent because they are below the Irpef exemption thresholds, of tax deductions and deductions, especially for “reduce” medical and pharmaceutical costs”, concludes the CGIA.