INPS

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INPS

Post by Regno on Thu Mar 13, 2014 9:05 am

We bought our property on the basis of a compendio unico,which has considerable tax advantages for us, including the taxes associated with the cutting back of all trees and bushes for 50 metres and the rebuilding. Now someone is trying to get us to abandon this because we will have to make INPS contributions. Where can i get my hands on a simplyfied but thoroughly reliable explanation of INPS,including age limits. The advice we are getting is simply ignoring our ages, and we need to make sure we have understood this correctly?
Many thanks.

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Re: INPS

Post by modicasa on Thu Mar 13, 2014 9:41 am

are you resident in Italy? Do you earn here? 
Anything simplified in Italy is a joke!

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Re: INPS

Post by Regno on Fri Mar 14, 2014 8:59 am

modicasa, we do have residency here in Italy, but are not earning. Thanks.

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Re: INPS

Post by stevegwmonkseaton on Fri Mar 14, 2014 9:19 am

Modi or Admin might give a more qualified answer here, but I suspect someone is trying to say you should be paying the equivalent to UK class 2 National Insurance (NI - self employed) or Class 3 (state pension only  and voluntary in the UK). I'm sure the specific answer you want must be here in this INPS LINK I strongly suspect what is classed as "work" here in Italy attracting NI is not the same as the UK... Good luck!

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Re: INPS

Post by modicasa on Fri Mar 14, 2014 9:29 am

I suspect that what you mean by compendio unico is a scheme whereby you get grants and tax credits for being what is basically a farmer, and it may require your inscription at the CCIAA as acoltivatore diretto-  and that would entail INPS contributions.  It also means that you are in the system forever, which most italians would advise you not to do.   Obviosuly its your choice - as a coltivatore diretto you would get certain incentives, but it means you must fill in a load of paperwork, have a commercialista who will sort it out for you at great expense, and pay INPS and all the CCIAA contributions.   If you are doing a 'one off job'  then it certainly isnt worth your while.

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Re: INPS

Post by The Original Relaxed on Fri Mar 14, 2014 5:28 pm

modicasa wrote:I suspect that what you mean by compendio unico is a scheme whereby you get grants and tax credits for being what is basically a farmer, and it may require your inscription at the CCIAA as acoltivatore diretto-  and that would entail INPS contributions.  It also means that you are in the system forever, which most italians would advise you not to do.   Obviosuly its your choice - as a coltivatore diretto you would get certain incentives, but it means you must fill in a load of paperwork, have a commercialista who will sort it out for you at great expense, and pay INPS and all the CCIAA contributions.   If you are doing a 'one off job'  then it certainly isnt worth your while.

Sounds like a credible explanation to me, but maybe Regno has no choice but to establish himself as a 'genuine' farmer - (the property could have been vincolato, or he may have taken advantage in the act of tax breaks which he'd have to repay, even with fines). 

I think he should get some good advice (avvocato or friendly notaio) about the consequences of deciding not to retain coltivatore status (if he has that at the moment), and then more advice from a commercialista regarding the ongoing costs of retaining that status. Then he can do some sums.
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Re: INPS

Post by Admin on Sat Mar 15, 2014 2:16 pm

We also bought as a Compendio Unico. There are tax advantages but one of the conditions is you must farm the land for 10 years so I would be very surprised if you could STOP being a farmer and paying INPS. If you stop farming within that time then we were told that not only do you have to pay back the tax you didn't pay when you bought but also it makes the atto invalid so be very, very careful what you do. If I were you I would get yourself to one of the Farmer's Unions (Coldiretti or CIA for example) and get them to advise you. It is a big commitment buying as a Compendio Unico and if it was sold to you as just a way to avoid tax then that is bad advice as it has very strict rules.

As a farmer you pay INPS in the sum of €2264 for last year. We don't know how much it will be for 2014 yet. This covers pension contributions & social security contributions

If you are over 65 and in receipt of a pension from INPS then your contribution is reduced by 50% so even pensioners have to pay it. Remember this is regardless of whether you earn a penny or not.


Last edited by Admin on Sat Mar 15, 2014 2:26 pm; edited 1 time in total
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Re: INPS

Post by Admin on Sat Mar 15, 2014 2:20 pm

We pay €250 a year to get the CIA to do our tax returns and the accounts for our Società. Not dear at all!
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Re: INPS

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