03/18/2020 – Professionals registered in the private law entities of compulsory social security will possibly receive, exceptionally, a share of the “Fund of last resort income” of 300 million euros.
This is what we read in DL Cura Italia (DL 18 of 17 March 2020) For the fight against the coronavirus emergency published in the Official Journal, which contains aid for hospitals, families, workers and businesses for a total of around 25 billion euros, which will activate flows for 350 billion euros.
The decree is divided into five aces:
1. National Health System and Civil Protection, for 3.5 billion euros
2. support for employment and workers' income, for 10 billion euro
3. injection of liquidity into the credit system with public guarantees for credit to suspend mortgages and loans, a measure that will mobilize around 340 billion euros
4. suspension of obligations to pay contributions and taxes (today's deadline is deferred to March 20; other due dates to May 31)
5. support rules for specific economic sectors
Coronavirus, the measures of the DL 'Cura Italia' for professional lawyers
Article 44 provides that, in order to guarantee income support for employees and self-employed persons who as a consequence of the emergency from COVID 19 have ceased, reduced or suspended their activity or their employment relationship, the “Income fund of last resort“Aimed at guaranteeing the recognition of a allowance, within the spending limit of 300 million euros for the year 2020.
It will be the Minister of Labor, in concert with that of the Economy, to define within a month the criteria of priority and the method of awarding the allowance, as well as the any share of the 300 million euros to be allocated, exceptionally, to the support of the income of professionals registered in the private law entities of compulsory social security.
Recall that for i professionals not registered with INPS, the respective Social Security Funds are being activated: Inarcassa has deliberated the first measures Friday 13 March, a few days before the Bank of Surveyors and the Bank of Industrial Experts they suspended all payments while the National Council of Geologists decided to defer all compulsory recovery activities of the sums due until the emergency was overcome.
Coronavirus, the measures for VAT and autonomous
Ai freelance business owners VAT number, to co.co.co. under separate management and ai self-employed registered in the special management of the needle and seasonal employees of the tourism sector is recognized as a compensation of 600 euros for the month of March. The compensation is paid by INPS upon request. The measure concerns an audience of almost 5 million people: professionals not enrolled in orders, artisans, traders, direct farmers, colonists and sharecroppers, seasonal workers from the tourism and spa establishments, workers from the entertainment sector, agricultural workers.
Central SME Guarantee Fund also for professionals
For 9 months from now, new financing at 18 months minus one day of an amount not exceeding 3 thousand euro disbursed by banks are eligible for the Central Guarantee Fund for SMEs, with 80% coverage in direct guarantee and 90% in reinsurance , financial intermediaries and other entities authorized to grant credit, granted in favor of natural persons carrying out business activities, arts or professions subject whose business activity has been damaged by the COVID-19 emergency.
“First home” or “Gasparrini Fund” mortgages also for professionals
For a period of 9 months from now, the admission to the benefits of the Gasparrini Fund is extended to self-employed workers and to freelancers that self-certify that in the quarter following 21 February 2020 or in the shorter period between the date of the application and the aforementioned date, they recorded a decrease in their turnover, exceeding 33% of the turnover in the last quarter of 2019 as a consequence the closure or restriction of its business carried out in implementation of the provisions adopted by the competent authority for the coronavirus emergency. For access to the Fund, the presentation of the equivalent economic situation indicator (ISEE) is not required.
Suspension of deadlines for the fulfillment of tax and social security contributions
For subjects carrying out business activities, art or profession that have their tax domicile, registered office or operational headquarters in the territory of the State with revenues or fees not exceeding 2 million euros in the tax period preceding the one in progress to today, the self-assessment payments that expire between March 8 2020 and March 31 2020 related to:
a) withholding taxes referred to in Articles 23 and 24 of Presidential Decree 600/1973 and withholdings relating to the regional and municipal surcharge, which they operate as substitute tax;
b) value added tax;
c) social security and welfare contributions and compulsory insurance premiums.
Suspension of building permit terms
All the certificates, certificates, permits, concessions, authorizations and qualifying documents, however denominated, which expire between 31 January and 15 April 2020, remain valid until 15 June 2020. This measure includes building permits and other related documents to building interventions.
These measures – the government explained – are in addition to those already adopted urgently by the government to prevent the transitory crisis of economic activities induced by the epidemic of COVID-19 from producing permanent effects, such as the definitive disappearance of companies in the sectors most affected .
In particular, with previous interventions, tax obligations and payments of contributions and mortgages for the inhabitants of the former “red zone” have been suspended, social safety nets have been opened to subjects who in ordinary conditions do not benefit from them, the methods have been enhanced remote work and support was guaranteed for the tourism sector.
Coronavirus, the first procurement measures
To ensure immediate liquidity for companies and to start construction sites immediately, the decree modifies article 35 of the Procurement Code, establishing that the advance payment of 20% of the price in favor of the contractor is allowed even in case of delivery in way of urgency.
To support the infrastructure interventions financed with the 2014-2020 Development and Cohesion Fund under the Operational Plans of Central Administrations and Development Pacts, Administrations will be able to request financial advances of 20% (instead of 10%) to provided that the executive project relating to the intervention has been approved (or the final project in the case of joint assignment of the design and execution of the works).
Coronavirus, the next initiatives
To support the collapse of GDP, the government will launch new ones measures to speed up the opening of construction sites. Premier Conte has announced new measures to rebuild: huge investments with a speed never seen in Italy and with simplification and reduction of taxes.
Coronavirus changes our habits and redefines the times and tools of our work. How are the designers' activities changing? What can we not do and what, instead, do we do better? TAKE PART IN THE SURVEY