Understanding Tax Code 8911 for Fiscal Penalties: Usage and F24 Form Completion Guide

Understanding Tax Code 8911

Tax code 8911 is one of the most frequently used codes in Italy.
It applies in numerous situations, primarily relating to penalties for non-compliance, such as delays in submitting income tax returns (including supplementary and corrective declarations), Irap declarations, VAT declarations, and substitute taxes.

The full designation of tax code 8911 is “Monetary penalties for other tax violations concerning income taxes, substitute taxes, Irap, and VAT.” It’s essential to remember that the Italian tax system imposes various declarative obligations depending on the type of taxpayer, accompanied by specific deadlines.
When these deadlines are not met, taxpayers can utilize the “ravvedimento operoso” (voluntary compliance), which allows for late compliance by paying smaller penalties.
In these situations, tax code 8911 is used for penalties.

When to Use Tax Code 8911

The Italian tax system provides taxpayers with the tool of voluntary compliance, enabling them to regularize violations, irregularities, and omissions by paying reduced penalties.
The penalty amount corresponds to the length of time elapsed between the compliance due date and the actual payment date; longer delays result in higher penalties.

To rectify a violation, the taxpayer must self-calculate the amounts owed, inclusive of interest and penalties, using form F24.
On this form, the relevant tax code must be entered, while tax code 8911 should be used for penalties.
For example, tax code 4001 corresponds to Irpef balance.
However, it’s critical to note that voluntary compliance is not available if audits, inspections, or assessments have already been initiated.

Who Uses Tax Code 8911, and Where to Enter It

Given the numerous scenarios requiring the use of tax code 8911, outlining all possible cases is quite challenging.
In theory, any taxpayer may find themselves needing to use tax code 8911 to rectify errors in compliance and settle the corresponding penalties.

This code is also utilized when there’s a failure to submit declarations such as the 730 tax return, income tax returns for individuals, Irap models, or VAT declarations.
Tax code 8911 must be entered in the F24 model, while the amount to be paid must be calculated based on statutory interest rates, accruing from the original due date up to the payment date.
However, taxpayers who comply with their tax obligations within the set deadlines do not need to use tax code 8911.

How to Fill Out Form F24 with Tax Code 8911

Careful completion of form F24 with tax code 8911 is paramount.
First, ensure that this code is entered in the “Erario” section.

Tax code 8911 signifies: MONETARY PENALTIES FOR OTHER TAX VIOLATIONS CONCERNING INCOME TAXES, SUBSTITUTE TAXES, Irap, AND VAT.

In the “tax code” field, enter 8911, while the “payment instalment” field should remain blank.
Attention should be given to the “reference year” field, where the applicable tax year for the owed tax must be specified.
In the “amount owed” field, input the outstanding amount in digits.

The “Total A” section is meant for indicating the total amounts owed in the “Erario” section.
Conversely, any credits should be reported in “Total B,” and left blank if none.
The balance (A-B) should reflect the total owed after deduction.

There’s no need to fill in the office code.
Finally, be cautious with the “Act Code” field, where you must indicate the code for the act being amended.
Payments can be made electronically via form F24 in several ways: through the Revenue Agency website using F24 web services or F24 online; alternatively, through the telematics channels of Fisconline or Entratel; or via internet banking services or authorized financial intermediaries.

For further details, read about Model F24: How to Fill It Out? A Practical Guide with Instructions.