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.