Benefits 4.0

The 2022 budget law (Law no.234 of 30 December 2021, art.1, paragraph 44) renewed the Transition 4.0 incentives for the purchase of interconnected capital goods by companies, maintaining the type of enjoyment of the facilitation, or the tax credit.

Who can access?

As anticipated, all companies present in Italy, can access the 2022 tax credit, regardless of the legal form, the economic sector to which they belong, the size and the tax regime.

A fundamental requirement is thepurchase of goods new instrumentals, tangible and intangible, which are operational within the national territory. Furthermore, all companies - in order to access the tax credit - must comply with the regulations on safety in the workplace and be in compliance with the obligations to pay social security and welfare contributions for workers.

Facilitated Sensor Medica Technologies

All Sensor Medica products are eligible according to the tax incentives provided for by the plan, specifically:

  • FREEMED FOOTPEGS
  • RUNTIME TREADMILL
  • VULCAN CNC MILLS
  • MOVIT GAIT
  • SPINE3D

Among the various incentives provided by the New Plan, our aforementioned technologies are subject to rate of 40% for purchases of less than 2.5 million euros. Furthermore, a additional tax credit of the 45% (South Bonus) if the activity is carried out in the regions of Campania, Puglia, Basilicata, Calabria, Sicily, Molise, Sardinia or Abruzzo.

Here are some examples

TAX CREDIT 2022- 2025 FOR TANGIBLE GOODS FUNCTIONAL TO THE TECHNOLOGICAL AND DIGITAL TRANSFORMATION OF COMPANIES (Annex A annexed to the Budget Law 236/2016)
Machine delivery periodTax creditMaximum investment quota per period
1/1/ 2022-31/12/2022 (or 30/6/2023 with 20% deposit paid by 31 December 2022)40% of the cost of the assetUp to 2.5 million (€)
1/1/ 2022-31/12/2022 (or 30/6/2023 with 20% deposit paid by 31 December 2022)20% of the cost of the assetOver 2.5 million and up to 10 million (€)
1/1/ 2022-31/12/2022 (or 30/6/2023 with 20% deposit paid by 31 December 2022)10% of the cost of the assetOver 10 million (€) (up to 20 million maximum limit)
 

 

From 1/1/2023 and until 31/12/2025 (or 30/6/2026 with 20% deposit paid by 31 December 2025)

20% of the cost of the assetUp to 2.5 million (€)
10% of the cost of the assetOver 2.5 million and up to 10 million (€)
5% of the cost of the assetOver 10 million (€) (up to 20 million maximum limit)

2) Clinical facility operating in Puglia that makes an investment worth € 50,000 cumulative with the investment tax credit in the South:

Purchase price of the asset€ 50.000
Year of entry into operation of the property2022
Percentage of subsidy (Industry 4.0)40%
Industry 4.0 tax credit (*)€ 20.000
Percentage of the subsidy (South Bonus)45%
Investment tax credit in the South€ 22.500
Total tax credit€ 42.500
Actual cost of the asset€ 7500

(*) The tax credit does not contribute to the formation of income as well as the taxable base of IRAP. Furthermore, it is possible to combine the tax benefit with other concessions that have the same costs as their object.

How to take advantage of the tax credit?

A specific decree of the Ministry of Economic Development (MISE) establishes the model, content, methods and terms for sending the communication in relation to each eligible tax period. The facility will then be enjoyed by the company as tax credit, or a compensation to be used with the F24 form in three annual installments - of the same amount - starting from the year in which the assets became operational.

Expiration of the facility

For the year 2022, on the other hand, the rates will suffer a 10% decrease compared to those of the previous year and are valid until 31 December 2022

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Conclusion

For more information on our technologies  - with the tax breaks provided by the new 4.0 Transition Plan - you can contact us to speak with our experts.