The Presidency of the Council of Ministers, by decree, ordered that the advanced payment of the natural person’s income tax (so called “IRPEF”) due for 2011, to be paid by 30th November 2011, will be equal to 82% instead of 99%. Furthermore, the mentioned decree provides for the reduction of three percentage points also for IRPEF advanced payment for 2012, which will be therefore equal to 96%. This change has to be applied only to IRPEF payable by natural persons, people who practice business, arts or profession activities, including employees and retired people, if they have other incomes in addition to pension or employment income. Therefore, taxpayers who sent the income tax return called “Unico 2011” form (if the tax liability 2010 is equal to or greater than Euros 52) or the income tax return called “730/2011” form (even if the payment has been made by the withholding agents with an IRPEF deduction from salary or pension). It is provided that the reduction of IRPEF advanced payment will have to be returned at the moment of balance in “Unico 2012” form or in “730/2012” form.
