The ways and forms with which to save are simply wasted by type, issuer, duration, etc. In principle, liquidity in the account should be avoided for the part exceeding ordinary expenses. With inflation soaring, in fact, it can almost be called a luxury to hold all savings in liquid form.
Some Key Features of the Postal Savings Account
Among the instruments chosen by the small saver we certainly find the postal book. These are instruments issued by Cassa Depositi e Prestiti (CDP), guaranteed by the Italian State and placed by Poste Italiane with the retail public.
Passbooks do not include opening, management and closing costs, with the exception of tax charges. Among these is the stamp duty, the tax introduced by the Save Italy decree for stocks exceeding 5,000 euros.
Its amount is now 34.20 euros per year for natural persons, while it increases to 100 euros for legal persons. The rule is that the tax applies at the time of declaration, generally quarterly. Thus every 3 months the booklet will be debited if there are the conditions for its application.
However, here’s how to have 23,500 euros in your postal savings account and pay them off without even using a single euro from your stock.
The Supersmart offer to earn 0.40% gross per year at maturity
With the Supersmart offer, which can only be activated on the Smart savings account, the saver benefits from increased interest at maturity on the sums set aside. To subscribe to the offer, a minimum deposit of €1,000 is required. As for the restriction, it is 180 days, since the 360-day Supersmart offer was discontinued from January 25.
Activation is possible at the post office or on the site of the post office or via BancoPosta activated for device functions. Regarding the yield, the gross annual interest rate at maturity is 0.40% (simple capitalization plan).
Still on the subject of returns, we remind you that by lengthening the time a little and changing the investment strategy, it is possible to earn 2% gross.
Now, simulating setting aside €23,500 and expiration of the bond, the final net gain would be €34.30. The money needed, in fact, to pay the tax due to the State without affecting the starting balance of one euro.
Here’s how to have 23,500 euros in the postal savings account and earn stamp duty money without risk
The availability of funds runs from the day of activation (inclusive) until the day of expiration or deactivation (exclusive). Accrued interest is paid when the provision expires, after deduction of the withholding tax of 12.50%.
Instead, interest on sums set aside but deactivated before the deadline will arrive on December 31 of the same year. Either at the closing of the Smart savings account, always net of withholding tax.
Finally, we remind you that the offer does not include activation, management and deactivation costs. Finally, the provisioned sums can be deactivated in advance, only for the total amount of the single provision.
It’s unbelievable what an interest-bearing 5 million lira postage note signed 30 years ago is worth today.