Simplification of declaration 770 in Italy: the optional monthly submission of additional data with the F24 form binds for the whole year

published on 16 April 2025 | reading time approx. 4 minutes

The Italian Revenue Agency has recently issued provision n. 25978/2025, which introduces the implementing provisions of article 16 of Legislative Decree 1/2024 (the so-called “Compliance Decree”), regarding the simplified procedure for reporting data on withholding and deductions related to employment and self-employment income, usable by withholding agents with no more than 5 employees as of December 31 of the previous year. The transmission of the additional data exempts the withholding from submitting form 770.

Starting from the 2025 tax period, exclusively through the Italian Revenue Agency’s telematic services, withholding agents are given the option to transmit, as an alternative to form 770, together with the monthly payment of withholding taxes via Form F24, the “statement of withholdings/deductions made” (so-called “prospetto relativo alle ritenute/trattenute operate”) reporting the data related to the withholdings and payments made.

From a subjective standpoint, the simplification applies to withholding agents who:

as of December 31, of the previous year, had no more than 5 employees;
exclusively provide compensation, in any form, which constitutes employment or self-employment income for the recipients, or income treated as such;
are obliged to apply withholdings and deductions at the source;
make withholding tax payments by submitting the F24 payment form through the Italian Revenue Agency’s telematic services.

These provisions apply to withholdings and deductions to be paid, and to credits accrued, by withholding agents used for offsetting through the F24 form identified by the corresponding tax codes appropriately listed within attachment 1 of the provision of the Italian Revenue Agency and shown in the following table:

Tax codes
Tax codes related to withholdings/ deductions made	1001; 1002; 1012; 1019; 1020; 1040; 1053; 1057; 1301; 1302; 1305; 1307; 1312; 1604; 1606; 1630; 1701; 1712; 1713; 1845; 1846; 1904; 1905; 1907; 1908; 1914; 1920; 1921; 4201; 4330; 4331; 4730; 4731; 4932; 4933; 1066; 4934; 4935; 1067; 1605; 1917; 1918; 1306; 1068; 1607; 1922; 1923; 1308; 1704; 1069; 1608; 1924; 1925; 1309; 3790; 3802; 3803; 3795; 3845; 3846; 3847; 3848;
Tax codes related to credits	1304; 1627; 1628; 1631; 1633; 1669; 1671; 1701; 1962; 3796; 3797; 4331; 4932; 1702; 1704;

The additional data to be reported monthly through the designated statement includes:

the amount of withholdings and deductions, indicating the corresponding tax code and reference period and, in case of deductions related to regional and municipal surcharges on IRPEF, the Region and Municipality to which they pertain;
any interest paid along with withholdings and deductions in the case of active repentance;
the presence of one of the specific cases listed in attachment 2 of the provision, to be identified by one of the letters provided below.

Notes F24/770 form	Description
A	The withholding agent made the payments by the deadline required within art. 2 par. 1 of the DPR 445/97
B	The payment refers to withholdings made pursuant to articles 23 and 24 of the DPR 600/73, on sums and values related to 2025 provided by January 12 2026
C	The withholding agent made the adjustment of the income paid in 2025 in January 2026
D	The withholding agent made the adjustment of the income paid in 2025 in February 2026
P	The payment refers to the supplementary treatment, recovered in installments during the current year (2025), but pertaining to the previous year (2024)
S	The line shows the details of the total amount of additional taxes accruing in the current tax year, as well as the amounts due as interest on installment payments for advances determined during the tax assistance process, pertaining to the current tax year

It should be noted that the communications transmitted through the “statement of withholdings/deductions made” are considered to all purposes equivalent to their disclosure in form 770, also for the purposes of the automated control under art. 36-bis of DPR 600/73.

As for the withholdings and deductions made in January and February 2025, withholding agents who utilize this new method can make the related payments via the F24 form by the usual deadlines and transmit the additional data by the next April 30, 2025. As for the withholdings made from March 2025 onwards, the deadline for submitting the statement coincides with the deadline for the payment of the withholdings themselves.

Withholding agents who do not make use of the simplification introduced by Legislative Decree 1/2024 will be able to submit form 770 for the entire reference year using the standard methods.

It is essential to consider that the exercise by the withholding agent of the option to complete the “statement of withholdings/deductions made” results in a binding obligation for monthly submission throughout the entire year. In other words, the submission of the first statement to the Italian Revenue Agency represents a formal commitment by the withholding agent, who is required to submit the summary on a monthly basis for the entire year.

It is worth to be noted that the monthly submission of the additional summary allows the withholding agent to be exempted from submitting Form 770, however, this does not exempt the withholding agent from the punctual transmission and delivery of the so-called “Certificazioni Uniche”.

It is important to highlight that, currently, no official clarification and information, regarding the potential penalty system applicable in case of errors or delays in the compilation of the statement, are available.

The option to complete the "statement of withholdings/deductions made" is, therefore, a decision that requires careful consideration due to its significant implications.