Bills bonus for companies based on actual consumption: how to calculate the tax credit

Bills bonus for companies based on actual consumption: how to calculate the tax credit

The bill bonus recognized to businesses is calculated taking into account actual consumption. Therefore, to determine the tax credit that can be used as compensation, one does not look at the estimated ones. The clarifications of the Revenue Agency in circular letter no. 25 / E / 2022.

Bonus billstime to calculations for beneficiary companies of the tax credits recognized by the latest emergency decrees.

First the Sostegni ter decree, then the Energy and Ukraine decrees and finally the Aid and Aid decrees bis introduced and strengthened the tax bonuses recognized to businesses in relation to consumption of electricity and gas.

The facilitation is due taking into account the actual quarterly consumption. To this end, therefore, it will not be possible to consider the estimated ones, but it will be necessary to wait for the data contained in the balance invoices.

The clarifications come fromRevenue Agencywho specified the rules for the calculation of the tax credit due in circular no. 25 / E / 2022.

Bills bonus for companies based on actual consumption: how to calculate the tax credit

You will need to pay attention to invoices relating to consumption achieved in the reference quarter for the purposes of calculation of the tax credit for electricity and gas recognized to businesses.

This is one of the aspects highlighted byRevenue Agency, which with the circular no. 25 / E published on 11 July last provided further clarifications on the concessions introduced in light of the increase in energy costs.

Before going into detail, please note that recently the Aid Decree bis confirmed the bonus on bills for businesses also for the third quarter of 2022 and, in particular, the following concessions are recognized for the period from July to September:

  • tax credit for energy-intensive companies equal to 25 percent the expenses incurred for the energy component purchased and actually used in the third quarter of 2022;
  • tax credit for gas-intensive companies equal to 25 percent the expense incurred for the purchase of the same gas, consumed in the third quarter of the year 2022, for energy uses other than thermoelectric uses;
  • tax credit of 15 percent for companies equipped with electricity meters with available power equal to or greater than 16.5 kW other than energy-consuming, which is attributed on the basis of the expenditure incurred for the purchase of the energy component, actually used in the third quarter of 2022;
  • tax credit for the purchase of natural gas for non-gas-intensive companies, equal to 25 percent of the expense incurred for the purchase of the same gas, consumed in the third quarter of the year 2022, for uses other than thermoelectric.

The bill bonus is therefore due both to companies with a high consumption of electricity and gas and to others in the case of cost increase of at least 30 percent in the reference period compared to the same period in 2019.

How to go about calculate the tax credit due?

It is on this aspect that it seems useful to return to the clarifications provided by theRevenue Agencywhich highlights the importance of considering theconsumption effectiveness.

The tax credit, by express legislative provision, must be calculated on the basis of actual consumption of the quarter under observation. Estimated consumption, billed on account by the managers, cannot be taken into consideration.

In case of invoices relating to ineffective consumptionit will therefore be necessary to refer to the sums indicated in the following balance invoicesfor the months of validity of the bill bonus.

So let’s take ad example an invoice with actual consumption for the months of July and August and with estimated consumption for the month of September. The calculation of the tax credit that can be used as compensation must take into account only the data relating to actual consumption, while for the month of September it will be necessary to wait to have clear information on the actual consumption made.

Bill bonus, expiring on December 31, 2022 for use in compensation

The need to verify the effectiveness of consumption will have to deal with the terms for using the tax credit.

As highlighted by the Revenue Agency, and both in relation to the amounts recognized for the first quarters of the year and for the third quarter, compensation of the tax credit is allowed until 31 December 2022.

In case of balance invoices issued at a later date, there will be no possibility of benefiting from the recognized tax relief:

“The customer cannot benefit from the concession in question in relation to actual consumption billed after that date.”

The beneficiary companies therefore have the task of check in time that you have received the detailed data useful for calculating the bill bonus, on pain of losing the possibility of offsetting the amounts using the F24 form.

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