Extension of the inpatriate workers tax relief: Tax Codes defined

New Tax Codes for the F24 Model to extend the tax relief for inpatriate workers.

The Italian Revenue Agency has established the tax codes of the F24 Model for the payment in order to extend the tax relief for inpatriate workers for an additional 5-tax period under article 16 paragraph 3-bis, Legislative Decree 147/2015.

Employees and self-employed individuals will exercise the option through a single-solution payment by the 30th June of the year following that of the end of the first period of the inpatriates tax relief or by the 31st August 2021 if the period ended on 31st December 2020, filling out the ” F24 Versamenti con elementi identificativi” (F24 ELIDE) payment template using the following codes:

• 1860 named “Importo dovuto (10 per cento) per l’adesione al regime agevolato di cui all’art. 5, comma 2-bis, lett a), del DL n. 34 del 2019”;
• 1861 named “Importo dovuto (5 per cento) per l’adesione al regime agevolato di cui all’art. 5, comma 2-bis, lett a), del DL n. 34 del 2019”.