There Budget Law 2020 made some changes to the incentives for companies who invest in innovations, moving from the Industry 4.0 Plan to Transition Plan 4.0. The investment consists of 24 billion euros intended to increase the tax deduction rates for various categories of goods, the costs of which can be offset.
The aim is to stimulate private sector investment and provide more stability to businesses with measures that will take effect from November 2020 to June 2023.
Among the new features are the new tax credits foreseen for 2 years; the early implementation of the measure November 16, 2020 and confirmation of the possibility of benefiting from the credit with the sole payment of a deposit of at least 20% for contracts for the purchase of capital goods defined within the 31/12/2022 and delivery within the following 6 months.
The new tax credit It covers corporate investments in tangible and intangible assets, both non-4.0 and 4.0; research and development; technological, green, and digital innovation; design and aesthetic conception; and 4.0 training.
Furthermore, the benefits also include: software and applications such as, for example, management ones and training activities dedicated to the acquisition of all the essential skills for the 4.0 transition.
The 2021 tax credit he introduced new rates and ceilings which vary based on the type of business and assets. You can consult the rates and learn more about the topic. here and on the website of the MISE.
Businesses and companies that want to take part in the 4.0 transition can take advantage of these incentives and speed up the transformation process by turning to industry experts such as RERTECH.
RERTECH is among the leader in the telecommunications sector and data transmission, for over 25 years old provides everything needed to facilitate the 4.0 transition for companies.
Supplier of equipment, instruments, and components, specializing in fiber optics. Additional services include: training courses for staff training in the use of equipment and individual or group courses on data transmission and fiber optics.
These are services that fall within the incentives of the National Transition Plan 4.0 and which can be requested to support the adoption and implementation of intelligent and smart systems within the management and production processes of companies.