Superbonus, new hopes of deductions for tax insolvents

What happens if the tax breaks from Superbonus are higher than the Irpef accrued? Can the sums be recovered even if the fiscal capacity is insufficient? Is the Superbonus with tax deductions disadvantageous for those with low incomes and only benefits the rich? These are the questions that many are asking after the drastic regulatory changes that block access to credit transfers and invoice discounts, but there could soon be new hope for tax insolvents.
The Superbonus rules provide taxpayers who have opted for tax deductions with the possibility of dividing the amounts of benefits accrued over 4 years, but what happens if the tax deductions accrued are insufficient to cover the amounts to which they would be entitled? You simply lose money, which is why the Government seems to be studying a specific solution that extends the time for benefiting from tax deductions to 10 years.
Here is the new proposal for those who take advantage of the Superbonus tax deductions, but are insufficient.
read also Superbonus deduction, how much do you need to earn to get it all Superbonus, no shield for those who take advantage of tax deductions The first thing to underline is that time is tight: to really help those who have low deductions not to lose the money from tax breaks , the new rules are expected to be approved before the start of the declaration season.
There is no space to insert these provisions of the Superbonus decree because the proposed amendments have already been cancelled, decree 212 of 2023 has already passed the Chamber of Deputies with its 4 articles and now must only be approved in the Senate with the text armored.
The Majority closed the game without major disagreements, the objective seems to be to reach the European elections united.
This means that to help those who have opted for tax deductions, a new decree must be written quickly.
However, a further obstacle is represented by the entire part of the Government which is opposed to softer, or more permissive, rules for the Superbonus because they have an excessive impact on the public debt.
Let's see, however, what is at stake and what the new provision should include.
The rules of the Superbonus decree (law decree 212 of 2023) provide a shield for those who have not managed to complete the works by 31 December 2023.
It is expected that there will be no loss of benefits in the event that the works have not been completed by 31 December 2023, but provided that there is a SAL, state of progress of the works, of 60%.
It is therefore not necessary to recover two energy classes through the work carried out.
This shield applies only if the taxpayer has taken advantage of an invoice discount and credit transfer, but not for taxpayers who have anticipated expenses by opting for tax deductions on their own.
This exclusion was also reiterated in the chamber during the conversion of the decree.
In order to protect these taxpayers, a specific provision has therefore been thought of that extends the possibility of taking advantage of tax deductions for up to 10 years.
read also Superbonus, who will have to return the sums to the Revenue Agency? What does it mean that tax insolvents lose Superbonus deductions? The current rules provide that taxpayers who have opted for the tax relief discount with deductions from their tax return can obtain the amounts in 4 equal installments.
However, taxpayers could exercise the option to obtain the deductions over 10 years until 31 March 2023.
The new objective is to extend the benefit also to communications transmitted from 1 April 2023.
A practical example can help to understand.
Taxpayer He exercises the option for tax deductions which he must however recover in 4 years.
In theory, an Irpef debt of at least 10,000 euros must accrue every year.
However, if he has a not particularly high income, he is unable to recover the benefits and therefore part is lost.
It follows that those with low incomes receive fewer benefits than those with high incomes.
The same taxpayer, having an income from employment in which the salary is stable over time, could however recover greater amounts if he had the possibility of obtaining the tax relief in several instalments.
The same 40,000 euros spread over 10 years allow you to have 10 installments of 4,000 euros, an Irpef debt that even people with a not very high income can accrue.
Naturally, the biggest obstacle to a measure like this is represented by the public accounts which are already in trouble, in fact for the Revenue Agency not recognizing part of the benefits accrued means having greater sums in cash.
We know, on the other hand, that the Government is reluctant to continue spending too much money on the Superbonus, so the road seems to be uphill.
read also Superbonus and deduction in 10 years, how it works, who can choose it and for what expenses