Maneuver: from savings to spending review and tax check on maps and filters – Economy

SPENDING REVIEW. A new round of spending reviews will involve, from next year, also emoluments and attendance fees that go to the members of the public administration and control bodies, excluding the companies. The draft maneuver also confirms a new ceiling for intermediate purchases of goods and services that cannot exceed the average expenses incurred in the 2016-18 three-year period (excluding healthcare). It will be a decree of the Presidency of the Council, by June, to establish "criteria, limits and tariffs" of emoluments and tokens, excluding expenses reimbursements.

DEDUCTIONS ONLY FOR THOSE WHO PAY WITH PAPER AND ATM. Starting from 2020 (therefore for the 2021 declarations) to obtain all the 19% tax deductions, the expenses must be 'certified' with bank transfers or payments with debit or credit cards. And always on the subject of tax expenditures, the draft also raises an income limit (120 thousand euros) beyond which the tax discount is reduced, to zero over 240 thousand euros. Deductions for interest payable on loans are excluded while still considering whether to exclude health care costs for serious illnesses.

SAVE MONEY 100. A double mechanism of "freezing" to guarantee the maintenance of the accounts: in the draft of the maneuver, in fact, in addition to the block of expenses for 1 billion, is also added a specific provision for Quota 100. In fact, for the next three-year period, other savings are expected for 1.7 billion in total (300 million in 2020, 900 in 2021, 500 in 2022) as a guarantee for which equivalent resources are set aside. Two monitors are then scheduled each year, by 15 March and by 15 September, to free up the funds set aside once the savings are pursued.

TAXES ON MAPS AND FILTERS FOR CIGARETTES. Also check a new micro-tax on "roll-up" cigarette papers and filters in the draft maneuver. The new consumption tax, € 0.005 on each piece contained in the packaging, is charged to national producers or suppliers "at the time of transfer" to the tobacconists. There will also be an increase of 5 euros per kilo in the minimum excise duty on tobacco products. For cigarettes only, the minimum tax burden increases by one point, while the excise rate increases for everyone (from cigars to shredded tobacco). On the other hand, no action is taken on electronic cigarettes.

NARROW ON BUSINESS CARS. There is a fiscal squeeze on company cars in "fringe benefits": the 30% discount on the value (for tax purposes) of cars and mopeds granted in mixed use, currently in force for all employees, from January 1 will start only for vehicles in use to "agents and sales representatives". For other employees the "fringe benefit" vehicles will be calculated for their full value, established, as currently done, on a conventional mileage of 15 thousand kilometers per year and on the basis of the mileage costs indicated in the Aci tables by November 30th .

PLASTIC TAX. The tax on plastics planned for the maneuver "must be completely redesigned, there are compostable plastics which are an important reality for Italy and which go into compost". Supporting him is the Environment Minister, Sergio Costa. Taxes, he explains, "anything that is not recyclable makes sense. What is recyclable should not be taxed at all. We are talking about it, we certainly find a square."