Cashback goodbye, refunds are also postponed: the news

The Draghi government has decided to suspend the cashback program. A stop that has not gone unnoticed and that brings with it consequences also from the point of view of reimbursements. Here’s what’s going on.

Image by Ahmad Ardity from Pixabay

Tax evasion represents a great problem for our country, so much so that it requires the implementation of ad hoc measures, in order to counter this phenomenon. Precisely in this context, the previous executive headed by Conte decided to introduce the bonus cashback, with the aim of encouraging the use of electronic payment instruments. On the other hand, an attempt was made to discourage payments in cash, guaranteeing a refund of 10%, up to maximum 150 euros, for transactions carried out during the reference semester, through debit credit cards.

Furthermore, this initiative was accompanied by that of super cashback, with a prize worth 1500 euro, aimed at the first 100 thousand users who register the highest number of transactions. This very incentive has prompted many people to use tricks of various kinds just to climb the rankings. A situation that certainly did not go unnoticed, so much so that it is often the subject of criticism. If all this were not enough, the government recently decided to suspend this initiative, with this stop that brings with it consequences also from the point of view of reimbursements.

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Cashback goodbye, watch out for refunds: everything you need to know

App io – Cashback (Photo source: web)

June 30 was officially the last day of the cashback program. The Draghi government, in fact, has decided to suspend this initiative, which, therefore, has not been reconfirmed for the second half of the year. A decision that did not go unnoticed and that brings with it consequences also from the point of view of reimbursements.

Following the approval of the decree n. 99/2021in fact, we are witnessing a postponement of repayment payments. There remains the limit of 60 days for reimbursement up to 150 euros, while it slips to November 30 is the date for the repayment of the super cashback worth 1,500 euros. The super cashback ranking, we recall, will be closed on 10 July.

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The money saved for the second half of 2021 will therefore be used to finance the reform of the social safety nets. But not only that, a 100% tax credit, in such a way as to incentivize them to equip themselves with latest generation terminals for tracked payments.

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