The social security and welfare, to cover employees, voluntary continuation, cash professionals are deductible from income
The Consolidated Law on Income Tax (Income Tax Code) governs all expenses incurred by the taxpayer that fall within the deductible expenses. These are the charges for which there is a deduction from the total income, that is, certain costs incurred by taxpayers reduce the amount of the total income on which to calculate the taxes on income payable each year.
Deductible charges are expressly provided for in the Tax Code art. 10 and include the main house, the land charges, medical expenses and assistance for the disabled, checks and periodic food and, finally, social security contributions. Among the latter, we have the social security contributions for supplementary pension schemes and social security contributions mandatory. Deepen the latter.
There shall be deducted from the total income of the social security contributions that are paid to the edicts of the law, then those required.
And the deduction is up to the person who pays them regardless of amount, and even when a family member pays contributions for dependents for tax purposes.
There shall be deducted from the total income the following social security contributions required:
- The contributions paid to each of the cases to which they belong professionals;
- Awards Inail;
- The mandatory health contributions for assistance from the National Health Service versed with the award of liability insurance for vehicles;
- The unified agricultural subsidies paid to INPS to establish their position and social security;
- Contributions for the SO-CALLED for compulsory insurance for housewives Inail against domestic accidents;
- The social security contributions paid optionally the institution from membership for the redemption of the years of graduation.
- Contributions to the reunion between different insurance periods;
- The contributions to the voluntary continuation.
Therefore, members in the professions (lawyers, engineers, notaries, Architects, Surveyors, Accountants, Consultants, etc..) Can deduct from their income the total contributions made to his chest belonging.
Awards INAIL and domestic accidents. There shall be deducted the amounts paid by way of premium INAIL, given the nature of their contribution to welfare to ensure the quasi-subordinate workers in the event of injury or illness. Similarly, are deductible from the total income the amounts paid INAIL related to mandatory domestic accidents.
Reunion, continued voluntary redemption and years of graduation. In all three cases, there is the deductibility of contributions. The resolution 298 / E 2002 Revenue Agency emphasizes that regardless of the cause giving rise to the payment, are among the deductible expenses. They are also deductible contributions made to the fruition of the survivor's pension, for the redemption of the deceased spouse's degree.
Fund housewives. Are income tax deductible contributions to the pension fund for the people who perform work related to family responsibilities (as housewives), a relationship of subordination and without pay. It is the contributions paid voluntarily in accordance with the bands of contribution made by the Ministry of Labour and Social Security, with a decree. These are the housewives who do not pay self-employment or employed by a third party and are not a direct pension and are therefore members of the fund on a voluntary basis.
Contributions paid online by credit card. The resolution of the Revenue n. 77 / E of 2007 states that the purpose of deduction of the tax period, is relevant when paying on-line and not that of the subsequent debit the balance of the credit card.
30/06/2011
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Translated via software
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Source:
Italian version of ReteArchitetti.it