The recent approval of the Budget Law for the year 2017 by the Italian Parliament introduced new strategies for the optimisation of production in the manufacturing industry.
One of the most interesting points in the Law is no doubt the availability of a sizeable tax concession on the purchase of software to improve the manufacturing industry, which is already known under the name of hyper-amortisation.
In other words, that concession whereby for every 100 euros you spend, you can deduct 250. In practice, it’s 75 euros less in taxes.
So, for the sake of simplicity: with the normal and the hyper-amortisation, the cost of the machinery or the software for the optimisation of industrial production will be covered by the expenses you deduct.
It has to be remarked that what enables the tax concession are not the technical aspects of the product (machinery or software), but the actual relevance of the product with the infrastructure of the company: it has to be regarded as an improvement in terms of production, as to make it coherent with the plan “Industria 4.0”.
To make an example: it won’t be possible to use the machinery for the information management system, for the collection of production data, as these interventions are not innovative elements. The National Plan “Industria 4.0” aims at stimulating companies to use industrial data to actively boost production of machines and software, also adopting strategies to increase the efficiency of one machine only and, consequently, of the entire industrial production.
GBProgetti invites all people who are interested to contact them for a meeting aimed at getting to know the newest updates in terms of management, operation and technologies and for information on the savings that can result from these tax concessions.
Companies may benefit from a 250% super-amortisation for the purchase of machinery and software to develop the potential of the Italian industrial production to optimise production in manufacturing companies.
This is a new valid instrument supporting companies. After the 500-million-euro plan in support of the companies having credits with the Civil Service, which was passed last month, Banca Valsabbina (whose chairman is Renato Barbieri, chief operating officer Tonino Fornari and deputy Marco Bonetti) has launched two more instruments that may help companies to achieve the aims contained in the project of the Government “Industria 4.0” (consisting in the implementation of intelligent machines, which are interconnected and have access to the Internet; in the connection between physical and digital systems; in complex BigData analyses). This will improve the productivity of manufacturing companies.
Among other things, INDUSTRIA 4.0 provides for sizeable tax concessions for companies, such as the 250% super-amortisation and the extension of the 140% amortisation: in the first case in particular, the objective is to attract investments in the industrial areas 4.0, along with technologies for precision agriculture and for the cutting down of energy consumption. To make the most of this important opportunity, the Brescia-based credit institute (Walter Piccini is responsible for the Resources Division) has created a 20-million-euro credit line for the loans that companies can take out to enjoy this benefit.
Industria 4.0, 20 million euro from Banca Valsabbina for innovation
Companies have time until 30 June 2018 for the purchase, on the condition that the order with the respective deposit is above 20% and is paid within December 2017.
“With the new tax concession contained in the plan ‘Industra 4.0,’ entrepreneurs can benefit from a bonus amounting to 250% of the cost,” — explains Paolo Gesta, manager of the Business Division at Banca Valsabbina. “In this way, the expenses for the purchase of any goods allowed for in the plan will be amortisable over the following years, reaching 250% of their value. For example,” adds Gesa, “something you buy at 1,000 euro can be amortised for 2,500 euro.”
“The two new products,” concludes the manager, “are also available on the same conditions for the 140% amortisation, which the bank was already sustaining with a special credit line.”
Specifically, what is being offered is realised through an unsecured loan amounting to between 2,000 and 200,000 euro, lasting up to 5 years, with a 3-month Euribor interest rate + 2.5%. The second instrument is an unsecured loan granted by MedioCredito Centrale, that can finance the purchase of goods for an amount between 20,000 and 500,000 euro, lasting up to 60 months as well as the former. The applied interest rate is the 3-month Euribor + 1.5%.
Source: Bresciaoggi, 16/12/2016
Industry 4.0 will be an opportunity for small Italian companies. This was revealed during the Annual Meeting of AIB Comitato Piccola Industria, organised at Villa Fenaroli in Rezzato.
“SMEs will be the protagonists of this change. Their ubiquity, flexibility and ability for innovation will be a force in the age of digitisation: industry 4.0 is an opportunity for small Italian companies and those in Brescia, in all sectors, although mechanisation will still be in pole position with mechatronics. Today, size does not matter but the difference lies between the company that knows how to stay in the market with original products, which creates new openings and knows how to fit in the supply chains, in the systems and in partnership with the great companies, and the company that does not know how to move and proceeds with the outsourcing pattern. The challenge lies between the company that fully overturns its culture, as it is not just about knowing how to fiddle around, and that which will miss the train”.
THIS, in the words of the Italian national leader of Confindustria Piccola Industria – Alberto Baban – is the message that emerged from the annual meeting of AIB Comitato Piccola Industria, at Villa Fenaroli in Rezzato: concentrated works in the public part – following the private part which culminated in matching between members – on the “New business logic.Towards 4.0” theme. A commitment, which is mandatory at the same time, noted in the greeting of the prefect of Brescia – Valerio Valenti – convinced that “the public administration will also have to adapt”. And the president of the AIB Piccola Industria and vice president of Confindustria Piccola Industria, Giancarlo Turati, highlighted this. “To be successful, digitisation requires a new business concept, a paradigm shift, primarily mental, which refers to all entrepreneurs, in manufacturing and not”, said Turati. “Not only will the way of doing business be overturned, but the way of life: the process must be comprehensive and synergistic. This will involve the territory, the culture and the people who will still be the pillar of growth even though 50% of the works will be different in 5 years and many people will disappear, giving way to others”. A perspective reiterated by Antonio Calabrò, vice president of Assolombarda. “We are mechatronic tailors, we do what others cannot”, said Calabrò. If the typical sectors in Brescia are among the favourites, “we are ready, and many of us are already ahead”, guaranteed the AIB leader, Marco Bonometti. However, some concern remains about the 13 billion plan of a government that no longer exists, which supports SME projects in this field, and cannot fight in Brussels against the acknowledgement of the market status to China, seen by the speakers – involved in the panel discussion moderated by Debora Rosciani of Radio 24 – as the “death sentence of Made in Italy”. For Baban, “13 billion are a little for 280000 SMEs, but the intended incentives, depreciation and allowances are interesting: together they offer an opportunity not to be missed”.
FORTUNATELY there are 150 billion euro from the Juncker plan, 50 of which are intended for small and medium-sized enterprises. “35 billion have already been guaranteed to the Italians although they do not know this”, explained MEP Massimiliano Salini. Another great opportunity will emerge from the agreement between Confindustria and Intesa Sanpaolo which, until 2020, will put 90 billion on the table to encourage the participation of small and medium-sized enterprises in the technological revolution, with 30 different measures. The timing is less pressing than that of the national plan, “however, the fact that the Government set 2017 as the limit, is positive to get things moving”, highlighted Mario Mazzoleni, University of Brescia. The lecturer listed the necessary skills in perspective – a commitment also for the academic world – and like a sharing model, indicated the Franciacorta Consortium since “competitors have noted the importance of working together, seen as a strength in terms of globalisation”. Not just business for SMEs. The Italian national leader of Piccola Industria urged the people of Brescia to register with PGE, for the management of emergencies related to the agreement with the Civil Protection, supervised by Piccola Industria. The objective is to form a network of businesses to provide support in case of disasters, as is already happening in Central Italy which has been affected by the earthquake. A permanent solidarity fund will be set up which must function in a pragmatic, fast and transparent way. “We will be told what is needed and we’ll be there”, assured Baban.
Source: Bresciaoggi, Economia 07/12/2016