The countdown has begun for the super- and hyper-depreciation of the "Industry 4.0" package .
In the absence of any definitive news regarding their extension, companies intending to benefit from government incentives to launch digitalization plans must complete the necessary procedures to secure these tools within just over a month. They must therefore ensure that the capital goods are delivered by December 31, 2018 , with the possibility of an extension to June 30, 2019 , provided the order is accepted by the supplier by the end of the year and a 20% deposit has been paid.
The possibility of benefiting from certain incentives for innovation projects has not entirely disappeared in 2019. Currently, various types of incentives are being planned for small businesses, which, due to hyper-depreciation, will likely be able to benefit from rates proportional to the planned investment. The current increase, however, is expected to remain in effect only for investments under €2.5 million.
There is also little positive news regarding the tax credit for staff training, introduced with the 2018 Budget Law. The incentive provides a tax credit of 40% of expenses related to employees engaged in eligible training activities and applicable to expenses incurred in the 2018 tax year. In the absence of an express extension, these expenses, if planned for activities to be carried out in 2019, will no longer be eligible for the incentives.
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