Fund lost, how and when to act in the event of a rejected application

The negative outcome or suspension of the application for the Lost Fund is not a remote hypothesis. Here’s how to do it in these cases.

Access to grants is not automatic. Also because, net of the acquired right in terms of requirements, there is a procedure that must be respected and which, in the event of imperfections, could lead to delays. Something that is more than an eventuality. In some cases, in fact, it may happen that the application for access to non-repayable grants runs into some slowdown and ends up being discarded or suspended. In this circumstance, it is necessary to understand what the procedures are.

The issue can be resolved simply by submitting a new application, which, however, will have to comply with those requirements that, in the first submission phase, failed to fulfill. The procedure remains essentially the same: once the application is sent, the Revenue Agency will assign a protocol number, then proceeding with the necessary checks. In the event of a negative request, a rejection receipt will be issued. In the situation of inconsistency of the data, there will be suspension for new checks. Nothing will happen, of course, in the event of a positive outcome, if not the issuance of the acknowledgment receipt.

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Lost fund, negative outcome: when to send the new application

First of all, deadlines must be kept in mind. To speed up the times, please note that it is possible to check the outcome of the application on the portal of the Revenue Agency, by accessing the dedicated area to non-repayable contributions. From here, first proceed to “Invoices and fees”, then to “Non-repayable contribution” and, finally, to “Consultation outcome”. That said, the deadline for the replacement application has been set for 2 September 2021. This means that, in the event of a negative outcome, it will be necessary to hurry. Remembering, however, that there are at least three essential rules.

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In any case, the new application may be presented only in the event that the original application is in progress or in suspension, or in the event of rejection. In the event of a final outcome, it will only be possible to proceed with one request for renunciation, even after the deadline of 2 September. In cases of suspension and negativity, it will be necessary to respect the motivation of the entity. In case of data errors, the new instance will be used for correction. Other circumstances may be linked to inconsistencies in tax returns, periodic VAT settlement communications or data acquired through electronic invoicing. In this case, the taxpayer will have to verify the nature of the errors, whether in the declarations themselves or in the processing at the application stage. In the first case, it will be necessary to eliminate the impediment by the deadline and then send a new instance.

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