what a sting, checks and fines start for these trivial errors

Italians must start paying close attention to ATMs because everything changes with the new regulations.

The ATM is a tool very used by the Italians and is now rightfully part of the daily habits of practically everyone.

Using an ATM is therefore a completely consolidated habit but this does not mean that there is no lack of problems, indeed in reality things are changing from various points of view.

Pay attention to how you use the ATM

The news on cash is 360 ° because the government has set a one the maximum threshold of € 2000 for cash payments which will however drop to € 1000 from the beginning of next year. Failure to comply with these thresholds will result in fines of up to € 50,000.

But in addition to the limits on cash there are also limits on the money to keep at home and to carry with you in your pocket. In fact, if you are caught with too much money at home a pocket even here can start checks and fines. There is no maximum threshold of money that can be kept at home but if it appears anomalous with respect to the standard of living of the subject, the tax checks will not be late. But it is important to understand what changes for the ATM.

Mistakes not to make

The Revenue Agency today with the so-called super registry of current accounts can monitor in an extremely precise way all the movements on the current account even on the credit card. For this all ATM withdrawals and deposits will be carefully reviewed. Withdrawals and payments that appear not in line with the subject’s standard of living can trigger very specific checks. The purpose of the Government is to discourage tax evasion and consequently a very effective way to monitor any evasion is precisely that of discovering the habits of citizens regarding the ATM and everyday expenses.

What triggers the controls

If these habits do not seem consistent with what is declared in the tax return, this will certainly be an alarm bell for the taxman not to be underestimated. Hence the fact that there are no rigid thresholds for withdrawal and payment it does not mean that these do not arouse perplexity if they are too many or too few, or too close together, etc. It is clear that there is tolerance, but if certain behaviors seem suspicious, there will be controls. On the other hand, the super registry of current accounts it was also created to monitor the ATM and therefore this cannot be surprising.

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