On tax credit, companies feel betrayed by the government

On tax credit, companies feel betrayed by the government

Tax credit: companies in the fashion industry feel betrayed by the government. The cancellation of the possibility to do a “full and final settlement” for companies already reached by the Formal Report of Findings is generating discontent.

Companies betrayed by the government

“Politics keeps talking about support for fashion, a key sector for the country and made in Italy, of necessary actions – is the outburst of Fabrizio Luciani, president of Confindustria Fermo, to Corriere Adriatico – but then, when it comes down to it, it takes a step backwards”. The issue not only concerns the Marche region, but also arouses the discontent of Confindustria Accessori Moda on a national scale.

At the Fashion Table on 6 August, Adolfo Urso, Minister of Enterprise and Made in Italy (pictured, Imagoeconomica), had promised the “full and final settlement” for companies reached by the Formal Report of Findings. The promise, however, was broken for a lack of financial coverage. To La Conceria, Annarita Pilotti, president of Confindustria Accessori Moda, had already explained, in summary, that with the current crisis, companies do not have the resources to pay. They have already addressed the government, in a letter with a double signature, Pilotti herself for the association she chairs and the president of Sistema Moda Italia, Sergio Tamborini.

The problem of interpretation

Claudia Sequi, president of Assopellettieri, told Il Sole 24 Ore how “the interpretation of a law has in fact been changed. Moreover, those who have tried to have their credits certified have found perplexity about the guidelines on the part of the certifiers themselves”. A rebus that has caught hundreds of companies, that by 31 October have to decide whether to pay (very few) or to start the legal battle (most of them, since they want to settle but have to deal with the available resources).

Not even the CIG satisfies

The government’s latest intervention for fashion is not satisfactory either. The Council of Ministers has granted eight weeks of notwithstanding payroll subsidies in 2024 for companies, including artisans, with 15 or fewer employees to cope with the employment crisis. In Tuscany, as reported by La Repubblica, the unions called it a “late and insufficient instrument”. 

 

 

PREMIUM CONTENT

Choose one of our subscription plans

Do you want to receive our newsletter?
Subscribe now
×