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Car tax, nightmare 31 October | Transfers to children: beware

The deadline of October 31 for the car tax, possible trouble with the tax authorities for transfers to children and increases in pensions: all the hot topics of the week.

The deadline of October 31 for the payment of the car tax it is a date not to be forgotten for Italian motorists, if they do not want to incur serious risks. But not only that, it is good to pay attention to a gesture that could cost you dearly when making a bank transfer to the son.

If all this were not enough, there are many who want to know who are the lucky ones who will benefit from one higher pension. So let’s go into the details and see what there is to know about it and above all what is happening.

Payment of the expiring car tax, keep an eye on the date

The car tax must be paid by the due date. In fact, there will be no postponements, cancellations or extensions. Some regions, in fact, have granted a deferral while others have decided to expand the number of exempt from payment and those who are entitled to a reduction in the car tax.

Where, on the other hand, there are no concessions, it is good to make payments by the due date, in order to avoid running into possible problems. Entering the details, payment must be made withinlast day of the following month upon expiry of the previous stamp. This means that by October 31st you have to pay the car tax expiring on September 31, 2021.

To learn more READ >>> Car tax, deadline of October 31: let’s not lose sight of this important date

Bank transfers to children, here’s how to avoid trouble with the tax authorities

It is possible to make a bank transfer to your child, however you must be careful, in order to avoid unpleasant problems with theRevenue Agency. Generally, in this case, there is no control by the tax authorities. However, there are some circumstances that could arouse the attention of the Revenue Agency.

A clear example is the case of a son ago to arrive of the transfers deriving from activities in black on the father’s bank account. But not only that, it can happen that a father decides to give his son money for buy a house. If the Inland Revenue realizes that the property is in the name of a person with no source of income, it could initiate checks. Precisely for this reason it is always advisable to pay attention to the purpose of the transfer.

To learn more READ >>> Current account, watch out for bank transfers to children: the gesture that could cost you dearly

Pension, checks increase: what you need to know

About 22 million Italians will most likely be able to benefit from an increase in their pension of 300 euros in the short term. Starting from January 2022in fact, the amounts of the allowances should return to increase. This is due to the revaluation in proportion to the increase in the cost of living.

The rate of inflation, in fact, it forces the pension amounts to be revised upwards, with an increase of 4 billion on the pension funds. Obviously it will not be a standard increase, with the revaluation being proportional to the amount of the pension.

To learn more READ >>> Retirement, prepare for the increase: who are the lucky ones with 300 euros more

For example, if a person receives a check for 1,500 euros per month, they will see a increase of about 300 euros per year. All that remains is to wait and see what will happen following the revaluation of pensions.

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