By February 28 employees must receive certification of the CUD for the income of 2010. And in some cases with their tax obligations end there.
begins later this month long season tax returns . First deadline Feb. 28, when employees will receive from their employer the CUD. More than a statement (the worker-taxpayer) is a certification authority (the employer-withholding tax) of amounts paid and related deductions. The model is usually delivered in paper form but may also be submitted in electronic form provided it is printed and used for subsequent procedures.
E 'that's the point of interest for the workers: they are often the CUD and the "basis" for their subsequent statements (Form 730 or Act), there are cases where the taxpayer has to do and its obligations towards the tax shall be borne entirely by the employer.
The CUD is precisely the certification to the taxpayer of a series of tax and social security data:
• income from employment or similar (such as payments made to members of cooperatives or priests) and pension paid in the preceding year and subject to taxation;
• its withholding made by the employer or entity pension and paid in taxes;
• deductions made;
• data security and welfare of the worker and the amount of contributions paid or payable to the worker ' Inps and INPDAP (institution for civil servants).
When is enough Cud
If the taxpayer did not receive other income that must be subject to taxation (such as compensation for consulting or collaboration on rent of an apartment) is not required to submit further statements. This always provided that the employer has correctly performed the balance of the tax.
In these cases, however, the next statement of income, while not mandatory, it may be convenient for the taxpayer. They are used to take a deduction (from taxable income) or deductions (from) the costs incurred. It 's the case, for instance, medical expenses, mortgage interest, of costs for renovations etc..
In this case, the taxpayer gets a tax credit (since the employer has made deductions from earned income without considering these cuts) that can set off other debts or collected directly with a next paycheck if you use the model 730.
New in 2011 Cud
The main change concerns the taxation of bonuses and stock options, that is, the extras from the regular pay, which are often reserved for managers and executives. If such fees exceed three times the fixed portion of remuneration is applied to an additional 10%.
8:05 per thousand
Even if the taxpayer does not submit a tax return can still express their choice, using the special form attached to the CUD, for the same destination:
• of '8 per thousand of their taxes to the State, the Catholic Church or other religious institution
• of 5 per thousand for non-profit, scientific research bodies, municipalities and amateur sports associations and municipalities.
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