Enhancement of the craft profession: liquidation of grant awarded

Non-profit organisations and associations that have been notified of the grant award decision for the proposed initiatives must submit a statement of expenses for settlement or request an extension of the reporting deadline, within the deadline set out in the grant award decision.

For grants of not less than €40,000 it is also possible to request an advance, of up to 60%, before the end date of the initiative.

Only on request for an extension of the reporting deadline must be affixed the tax stamp.

The non-profit organisations and associations to which the grant has been awarded shall submit the statement of expenses for the purposes of the grant payment within the deadline set out in the grant decision or, in any case, within the extended deadline.

Invoices and expense claims shall be dated after the date of the grant application. In the event that during the grant reporting process the eligible expenditure is lower than the amount indicated in the estimate, the amount of the grant shall be recalculated in proportion to the reported expenditure.

The grant may not generate a surplus, therefore the grant paid out may not exceed the net expenditure, net expenditure being understood as the difference, on balance, between income and expenses.

The grant shall not be paid if the initiative is not carried out and if the initiative carried out is substantially different from the one envisaged in the application; in such cases the grant shall be forfeited.

In the event of non-compliance with the reporting deadline, which may be extended, the grant shall be totally withdrawn.

The expenses reported must be duly receipted. Cash payments are not allowed.

The declaration form for settlement purposes, duly completed and signed by the legal representative, must be sent to the indicated PEC address.

The following documents must be submitted to the reporting form, completed and signed by the legal representative

- for contributions granted in the amount of up to euro 78,000.00 (included):

1. final report of the initiative (already included in the form);
2. statement of the initiative (already included in the form);
3. withholding tax declaration on contributions (already included in the form);
4. copy of the tax documentation certified to be true to the original pursuant to Article 19 of Presidential Decree 445/00.

- for grants exceeding €78,000.00 must be attached one of the following reports

• report of the internal control body
• sworn report by a person entered in the register of auditors or in the register of chartered accountants;
• report issued by an auditing company pursuant to Law No. 1966 of 23 November 1939;
• for cooperative companies: audit report issued by the Trentino Federation of Cooperatives or the League of Cooperatives;
• for entities and organisations that use the services of their representative bodies: certification, issued through the same body, signed by an official or collaborator of the aforementioned bodies entered in the register of auditors or in the register of chartered accountants;

In both cases (either for contributions granted in a minor measure and greater than EUR 78,000), the report must give an account

1. of the attributability of the income earned and the expenses actually incurred in the financial year in which the facilitation was granted or to the activity being facilitated;
2. of the consistency of the expenses incurred with the eligibility criteria for the facility;
3. the criteria adopted for apportioning and allocating income and overheads to the subsidised activity.

In addition, the following must be attached

• withholding tax declaration on contributions (already included in the application).

For the request for an advancethe following must be attached to the form

1. bank guarantee;
2. privacy policy.