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When should contributions be paid?

Last updated: October 03, 2024

INPS SEPARATE MANAGEMENT

In the event that you join the Separate Management, the deadlines for the presentation and payment of taxes, which you will pay only on what you have actually invoiced, are the following:

  1. The balance resulting from the Declaration and any first advance payment must be paid by 30 June of the year in which the declaration is submitted, or within the following 30 days by paying an increase of 0.40%.
  2. The deadline for any second or single advance payment is instead November 30th.

The deposit is due if the tax declared in that year (referring, therefore, to the previous year) is greater than 51.65 euros. The deposit is equal to 100% of the tax declared in the year and must be paid in one or two installments, depending on the amount:

  • single payment, by 30 November, if the deposit is less than 257.52 euros;
  • two installments, if the down payment is equal to or greater than 257.52 euros; the first equal to 40% by 30 June (together with the balance), the second - the remaining 60% - by 30 November. (In case of payment of substitute taxes, 50% will be paid in June and the remaining 50% in November)

The balance and the first down payment can be paid in monthly installments, payable according to the following overview and with the related interest (the November deposit must be paid in a single installment). In any case, the installment payment must be completed by November.

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MANAGEMENT OF ARTISANS AND TRADERS

For artisans and traders, on the other hand, the law defines a minimum income (minimum income) in any case due, even if the actual amount ascertained for tax purposes is lower than the envisaged threshold (lower or negative).

This income is used as a reference basis for the payment of social security contributions (the so-called mandatory minimum contribution).

If the business income exceeds the minimum income, contributions exceeding the minimum (or percentage contributions) must also be paid.

The contribution on the minimum income, divided into four equal installments, must be paid to the Craftsmen and Traders Management within:

  • May 17: 1st installment
  • August 20: 2nd installment
  • November 16: III installment
  • February 16 of the following year: IV installment

Contributions on the portion of income exceeding the minimum, on the other hand, are paid within the terms set for the payment of personal income taxes, therefore 30 June first advance and 30 November second advance.

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