Through Provision No. 241540/2025, Agenzia delle Entrate has extended to 30 September 2025 the deadline — previously set for 30 April 2025 — by which withholding agents may opt to report the data concerning withholdings and deductions applied, as well as the related payments, using the specific ‘Withholdings/Deductions Statement’ (Annex 4 of Provision No. 25978/2025), in place of the annual return normally submitted for each recipient via Form 770 (art. 4, para. 1 of Presidential Decree No. 322/1998).
While confirming the aforementioned extension, the new provision also broadens the reporting period relevant for the simplified procedure. In addition to the withholdings and deductions applied in January and February 2025 (as provided in Provision No. 25978/2025), the scope now includes those relating to the months from March to August 2025.
This alternative method of reporting the aforementioned data — which, on an experimental basis, is deemed equivalent to the annual ‘770’ return for the 2025 tax year (art. 16, Legislative Decree No. 1/2024) — may be used by withholding agents to report:
- withholdings and payments made during the 2025 tax period (art. 16(2)(3), Legislative Decree No. 1/2024),
- tax credits accrued and offset through form F24.
The tax codes relating to said withholdings and credits are listed in Annex 1 of the aforementioned Provision No. 25978/2025.
Scope of application
The simplified declaration procedure may be used by withholding agents who, being obliged to apply withholdings at source:
- pay exclusively remuneration, in any form, that qualifies for the recipients as income from i) employment, ii) self-employment or iii) income assimilated thereto,
- makes payment of said withholdings and deductions exclusively by electronic means via form F24,
- had, on 31 December 2024, no more than five employees in total.
Data to be reported and submission methods
As noted, the simplification of this obligation consists in the option for the withholding agent to report, on a monthly basis and in lieu of filing the annual return via form 770, the following data to the Tax Authority:
- the amount of withholdings made and paid, together with the relevant tax code and reference period,
- the Region or Municipality of reference where regional or municipal IRPEF local taxes were withheld and paid,
- the amount of interest paid along with related withholdings, in the case of a remedial payment (ravvedimento),
- the credits accrued in the capacity of withholding agent and used for offsetting, indicating the related tax code and reference period. Where permitted, such credits may otherwise be offset using a separate standard F24 form,
- the existence of any situations listed in Annex 2 to Provision No. 25978/2025 titled ‘F24/770 Notes’ — such as, by way of example, cases where the withholding agent adjusts 2025 income in January or February 2026, or makes a payment relating to the 2024 supplementary allowance that is recovered in instalments during 2025,
- any additional amounts payable or credits to be offset, including penalties in the event of remedial payment,
- the IBAN code of the account held by the withholding agent at a bank, Poste Italiane, or other payment service provider authorised by the Revenue Agency, with authorisation to debit any positive balance resulting from the F24.
As of 6 February 2025, the withholding agent who opts for this simplified reporting system — or the intermediary appointed pursuant to art. 3, para. 3 of Presidential Decree No. 322/1998 — must submit the additional data when filing the F24 electronically, following the technical specifications set out in Annex 3 to Provision No. 25978/2025. The information to be submitted is contained in the ‘Withholdings/Deductions Statement’ (Annex 4 to Provision No. 25978/2025).
Participation in the new simplified procedure is optional and occurs by conclusive conduct (i.e. if the monthly data are submitted, form 770 will not be required; otherwise, form 770 must be filed). The option is binding for the entire tax year for which it is exercised.
As for withholdings made from January to August 2025, as previously mentioned, the withholding agent intending to use the simplified reporting method may submit the additional data in Annex 4 relating to payments already made via F24 by no later than 30 September 2025.
Audit activity
The F24 form is subject to audit procedures conducted by Agenzia delle Entrate in the same way as the annual return submitted using form 770. In fact, the reporting of data in accordance with the provisions of art. 16 of Legislative Decree No. 1/2024 — and as detailed by the relevant provision issued by the Tax Authority — is deemed equivalent to the filing of the annual substitute tax return via form 770, including for the purposes of the automatic checks performed by Agenzia delle Entrate pursuant to art. 36-bis of Presidential Decree No. 600/1973.
We remain available for any further clarification.