How the ATM bonus works

How the ATM bonus works

Compared to cashback, the new incentive wanted by the Draghi government shifts the focus on the role of merchants in the use of electronic payment tools. But it's not for everyone

(Photo Cecilia Fabiano / LaPresse) An ATM bonus with incentives for merchants and professionals who adopt electronic payment systems in their sales of goods or services to end consumers: this is what the Labor decree provides and businesses, which reserve various concessions in the form of tax credit for these categories. The measure increases and introduces for VAT numbers the possibility of compensation in the tax return regarding the tax on commissions and expenses incurred in acquiring tools such as the Pos or advanced collection and payment systems.

The government on the one hand, the commitment assumed with the Cashless Italia plan continues but on the other hand it moves the incentive, given that the state cashback suspended in the same decree focused more on the role of consumers in the spread of electronic payment means. br>

The new rules

The first change concerns the increase of the tax credit from 30% to 100% for the commissions charged to the merchant in case of electronic payment received with systems that allow the transaction with credit cards, debit cards or other advanced systems and matured in the period from July 1, 2021 to June 30, 2022. The second category of incentives is more articulated, concerns the costs for the purchase, rental or ’Use of the Pos, as well as the costs of agreement and technical connection. The tax credit will also depend on the type of device and the annual collections of the operator.

In the first case, it will have a maximum limit of 160 euros per subject and will always cover the period July 2021-June 2022. It consists of 70% of the expenditure for these instruments in the case of revenues and fees within the 200 thousand euros relating to to the previous tax period; in 40% for the range from 200 thousand to one million euros; 10% for subjects between one million and 5 million euros.

In the event that the merchant acquires, in the course of 2022, a state-of-the-art tool, which also allows electronic storage and transmission telematics, the tax credit can reach a maximum of 320 euros, to the extent of 100%, 70% and 40% for the same bands of revenues and fees. The holders of VAT numbers who earn more than 5 million euros are not involved. The tax credits can be used "exclusively" in compensation, therefore the documents certifying the expenses incurred must be produced to the accountant, in order to obtain it.

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Tax bonus Government Digital payments taxes globalData.fldTopic = "Bonus, tax, government, Digital payments, taxes "

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