{"id":14383,"date":"2024-03-07T21:32:02","date_gmt":"2024-03-07T20:32:02","guid":{"rendered":"https:\/\/staging.csiasrl.eu\/senza-categoria\/2024-nrrp-decree-industry-transition-5-0-plan\/"},"modified":"2024-03-07T21:32:02","modified_gmt":"2024-03-07T20:32:02","slug":"2024-nrrp-decree-industry-transition-5-0-plan","status":"publish","type":"post","link":"https:\/\/staging.csiasrl.eu\/en\/news\/2024-nrrp-decree-industry-transition-5-0-plan\/","title":{"rendered":"2024 NRRP DECREE: INDUSTRY TRANSITION 5.0 PLAN"},"content":{"rendered":"<p>[vc_row][vc_column][vc_column_text]<\/p>\n<p style=\"text-align: justify;\">With the publication in the Official Gazette of <strong>Decree-Law No. 19\/2024<\/strong> and the implementing provisions of the NRRP contained therein, the new tax credit for investments made in the two-year period <strong>2024-2025<\/strong> in relation to the \u201c<strong>Transition 5.0 Plan<\/strong>\u201d is officially approved. In particular, 6.3 billion euros have been allocated for the green and digital transition of companies, to be divided as follows:<\/p>\n<ul style=\"text-align: justify;\">\n<li>780 million for capital goods;<\/li>\n<li>890 million for self-consumption and self-production;<\/li>\n<li>630 million for training.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">The decree-law is operational from the very day of its publication in the Official Gazette, therefore from Saturday 2 March 2024, and must be converted into law within the following sixty days. For its application, it is necessary to await an important implementing decree, which must be issued within 30 days, namely by 1 April.<\/p>\n<p style=\"text-align: justify;\">All resident companies and permanent establishments based in Italy may benefit from the contribution, regardless of legal form, economic sector, size and tax regime adopted for determining business income. The rule lists in detail the cases of exclusion, including the company being in voluntary or compulsory administrative liquidation. For companies admitted to the tax credit, entitlement to the benefit is in any case subject to compliance with workplace safety regulations applicable in each sector and to the correct fulfilment of obligations to pay social security and welfare contributions for workers.<\/p>\n<p style=\"text-align: justify;\"><strong>The incentives are aimed at those who make new investments in production facilities in the<\/strong> <strong>2024-2025 period as part of innovation projects that entail a reduction in energy consumption. For example, investments in tangible and intangible assets<\/strong> indicated in Annexes A and B to Law No. 232\/2016 (Transition 4.0 Plan), interconnected with the company production management system or the supply network, will be eligible, provided that a reduction in energy consumption of the production unit of at least 3% is achieved (or 5% if calculated on the process affected by the investment).<\/p>\n<p style=\"text-align: justify;\"><strong>In detail, the following are eligible:<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>investments in new tangible assets instrumental to business operations, aimed at the self-production of energy from renewable sources for self-consumption, with the exception of biomass, including plants for storing the energy produced (with reference to the self-production and self-consumption of energy from solar sources, only plants with photovoltaic modules referred to in Article 12, paragraph 1, letters a), b) and c) of Decree-Law No. 181 of 9 December 2023 are considered eligible);<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>expenses for staff training provided for by Article 31, paragraph 3, of Commission Regulation (EU) No. 651\/2014 of 17 June 2014, aimed at acquiring or consolidating skills in technologies relevant to the digital and energy transition of production processes, within the limit of 10% of the investments made in capital goods (up to a maximum of 300 thousand euros, provided that the training activities are delivered by external entities identified by implementing decree);<\/li>\n<li>expenses for software, systems, platforms or applications for plant intelligence that ensure continuous monitoring and visualisation of energy consumption and of self-produced and self-consumed energy, or that introduce energy efficiency mechanisms, through the collection and processing of data also coming from field IoT sensors (Energy Dashboarding);<\/li>\n<li>expenses for software relating to business management if purchased together with the software, systems or platforms referred to in the previous point.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">As regards photovoltaic plants, the incentive is limited only to plants based on panels produced in European Union Member States with efficiency of at least 21.5%. An increase of 120% and 140% respectively in the calculation basis is provided for plants that include the higher-efficiency panels provided for in letters b) and c) of paragraph 1 of Article 12 of Decree-Law No. 181 of 9 December 2023, namely:<\/p>\n<ul style=\"text-align: justify;\">\n<li>120% for photovoltaic modules with cells, produced in European Union Member States, with cell-level efficiency of at least 23.5%;<\/li>\n<li>140% for modules produced in European Union Member States composed of bifacial heterojunction silicon cells or tandem cells produced in the European Union, with cell efficiency of at least 24.0%.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">This increase is not limited to the cost of the modules, but extends to the cost of the entire photovoltaic plant. This leads to a potential incentive of 63% (45% maximum rate under the Transition 5.0 Plan with the 140% increase in the taxable base). The increase will apply only to the part relating to photovoltaic plants and not also to capital goods and training.<\/p>\n<p style=\"text-align: justify;\">The tax credit is granted according to the following percentages, considering the individual year of investment:<\/p>\n<ul style=\"text-align: justify;\">\n<li>35% of the cost for investments up to 2.5 million euros;<\/li>\n<li>15% for investments over 2.5 million and up to 10 million euros;<\/li>\n<li>5% for investments over 10 million up to a maximum of 50 million euros per year per beneficiary company.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Where the investment achieves a reduction of more than 6% in the energy consumption of the production facility located in the national territory or, alternatively, a reduction of more than 10% in the energy consumption of the processes affected by the investment, the tax credit rates are instead as follows:<\/p>\n<ul style=\"text-align: justify;\">\n<li>40% for the share of investments up to 2.5 million euros;<\/li>\n<li>20% for the share of investments over 2.5 million euros and up to 10 million euros;<\/li>\n<li>10% for the share of investments over 10 million euros and up to the maximum limit of eligible costs equal to 50 million euros per year per beneficiary company.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Where the investment achieves a reduction of more than 10% in the energy consumption of the production facility located in the national territory or, alternatively, a reduction of more than 15% in the energy consumption of the processes affected by the investment, the rates become:<\/p>\n<ul style=\"text-align: justify;\">\n<li>45% for the share of investments up to 2.5 million euros;<\/li>\n<li>25% for the share of investments over 2.5 million euros and up to 10 million euros;<\/li>\n<li>15% for the share of investments over 10 million euros and up to the maximum limit of eligible costs equal to 50 million euros per year per beneficiary company.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Ultimately, the tax credit is calculated as a percentage of the cost of the investments, varying according to the size of the company and the percentage reduction in energy consumption that can be achieved<\/strong>. The reduction in consumption is measured annually compared with previous financial years and, for new companies, on the basis of a counterfactual scenario.<\/p>\n<p style=\"text-align: justify;\"><strong>To access the benefit, companies must submit documentation certified by an independent evaluator<\/strong>. This certification attests both the expected reduction in energy consumption before the investments (ex ante) and their actual implementation (ex post). The incentive is subject to checks carried out by the Gestore dei Servizi Energetici (GSE), which verifies compliance with the technical requirements and conditions.<\/p>\n<ul style=\"text-align: justify;\">\n<li><strong>For small and medium-sized enterprises, the expenses incurred to fulfil the certification obligation referred to in paragraph 11 are recognised as an increase in the tax credit for an amount not exceeding 10,000 euros, without prejudice to the maximum limit<\/strong>.<\/li>\n<li><strong>For companies only that are not legally required to have their accounts audited, the expenses incurred to fulfil the obligation to certify accounting documentation are recognised as an increase in the tax credit for an amount not exceeding 5,000 euros, without prejudice to the maximum limit. <\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify;\">The tax credit may be used exclusively as an offset after five days have elapsed from the regular transmission by the GSE to the Italian Revenue Agency of the list of beneficiary companies by 31 December 2025, by submitting the F24 form. Any residual amount may be used in subsequent tax periods in five annual instalments of equal amount.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] With the publication in the Official Gazette of Decree-Law No. 19\/2024 and the implementing provisions of the NRRP contained therein, the new tax credit for investments made in the two-year period 2024-2025 in relation to the \u201cTransition 5.0 Plan\u201d is officially approved. In particular, 6.3 billion euros have been allocated for the green and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":["post-14383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/posts\/14383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/comments?post=14383"}],"version-history":[{"count":0,"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/posts\/14383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/media\/14384"}],"wp:attachment":[{"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/media?parent=14383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/categories?post=14383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.csiasrl.eu\/en\/wp-json\/wp\/v2\/tags?post=14383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}