The partial exemption from the obligation to deposit the advance business tax for night and shift premiums has been raised - More favourable tax regime for night and shift premiums

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Tax
Date:
08 Jul 2014

<p>In the framework of the Recovery Act of 15 May 2014, tax measures were foreseen amongst other things to increase the competitivity of undertakings.</p>

Today, a partial exemption from the obligation to deposit the advance business tax is already in place (art. 275/5 ITC 1992). It is fixed at 15,60%.

This exemption will only apply to the extent that actual premiums are paid in the framework of night work or shifts that meet the very strict tax conditions.

As of 1 January 2015, this partial exemption is fixed at 18%.

In the coming years, this percentage will increase further to:

  • 20,40% as of 1 January 2017;
  • 22,80% as of 1 January 2019.

> Action point

The tax authority is carrying out rigorous inspections this year, so be well prepared! We can assist you in this.

Apply the very strict conditions for this exemption correctly.