It is a tax credit against technology and IT training activity.
The tax credit action is intended to incentivize companies to invest in the preparation and training of their staff in digital and technological disciplines, aimed at all companies and enterprises residing in Italy, regardless of legal category, economic sphere of relevance, size and income and accounting characteristics. The tax credit plan is calculated on the business cost of personnel involved in training and can be used as an offset, via F24, from the tax period following the one in which the expenses are incurred.
The Formazione 4.0 tax credit is a nationwide tax relief measure aimed at all companies with the purpose of stimulating and incentivizing investment in staff training on relevant technology-related subjects to foster digital transformation. All enterprises resident in the territory of the state, including permanent establishments of nonresidents, are eligible for the tax credit, regardless of their legal form, economic sector, size and income determination tax regime.
All enterprises resident in Italy are eligible for the facility regardless:
– From the legal form;
– By firm size;
– From the economic sector;
– From the accounting regime;
– From the way income is determined.
Beneficiaries also include noncommercial entities provided they carry out business activities relevant to business income. Also included are consortiums and subject networks that, for income tax purposes, are either commercial entities or noncommercial entities. Excluded from the applicability of the measure are companies in difficulty within the meaning of Article 2(18) of Regulation (EU) No. 651/2014 and companies receiving disqualification sanctions under Article 9, Paragraph 2, of Legislative Decree. N. 231/2001.
Big data and data analytics;
Cloud and fog computing;
Cyber security;
Simulation and cyber-physical systems;
Rapid prototyping;
Human-machine interface;
Advanced and collaborative robotics;
Internet of Things and Machines;
Digital integration of business processes;
Additive manufacturing (or three-dimensional printing);
Visualization systems, virtual reality (VR) and augmented reality (AR).
Training activities are eligible for relief:
1) carried out to acquire or consolidate knowledge of technologies:
2) agreed through collective agreements, corporate or territorial, for the years 2018 and 2019, filed with the Territorial Labor Inspectorate (by the final date of “training”).
3) In 2020 it was replaced by a communication to be sent to the MEF.
NB: Training activities carried out in compliance with health and safety, environmental protection and any other mandatory training regulations are expressly excluded.
The business cost of employees engaged in Training 4.0 activities either as “learners” or “teachers” or “tutors,” limited to the hours or days of training, is eligible for relief.
EMPLOYEE PERSONNEL: Personnel holding an employment relationship, including fixed-term employees, including apprentices.
BUSINESS COST: wages before withholding and social security contributions, including accrued severance pay, additional month’s pay, vacation and leave, etc. accrued during training hours and any travel allowances for off-site courses.
A tax credit (of eligible expenses) of 50 percent is granted for micro and small enterprises up to
to a maximum of €300,000.00, at 40 percent for medium-sized enterprises up to a maximum of €250,000.00, and at
30% for large enterprises up to a maximum of €250,000.00.
For all enterprises, subject to the annual maximum limits, the bonus measure is increased to 60 percent if the recipients of eligible training activities fall into the categories of disadvantaged or very disadvantaged workers, as defined by the Decree of the Ministry of Labor and Social Policy of October 17, 2017.
It can only be used for compensation (Legislative Decree 241/97, Art. 17) with mod. F24, submitted
through the telematic channels of the AdE, starting from the tax period following the one in which they are
incurred costs.
The effective use of the tax credit is subject to the condition that the company is not the recipient of disqualification sanctions and is in compliance with labor safety regulations and the payment of social security and welfare contributions.
Must be reported on the tax return for the tax period.
It does not contribute to the Ires/Irpef and Irap tax base, nor does it count toward the pro-rata deductibility of interest expense and the general pro-rata deductibility.
Development and Structure Training
Identification of courses, teachers and learners to be trained as determined by the Ministry of Economic Development-Mise.
Tax Credit Reporting
Expenses related to employees engaged in training will be reported and the amount of tax credit identified.
Certification Asseveration
Thanks to one of our registered Certified Public Accountants, we will provide asseveration of the tax credit that can be offset by the company in F24.