Tax breaks and funds for young people:returning to the land is better

Carloni law n.36 of 15 March 2024 presented.The deputy:"It's a priority to enable under-40s to do business."

ROME - Bringing young people back to agriculture, encouraging the creation of new businesses managed by under40s, financing thetechnological update and intervening with tax breaks.These are the objectives of the Law for the promotion and development of youth entrepreneurship in the agricultural sector, presented this morning in Rome at the headquarters of Enpaia Foundation, the National Social Security Agency for Workers and Employees in Agriculture, on the occasion of the press conference 'Promotion and Development of youth entrepreneurship in the agricultural sector'.

CARLONI:“HOLDING TRADITION, INNOVATION AND YOUTH TOGETHER”

Mirco Carloni, President of the Agriculture Commission of the Chamber of Deputies, and first signatory of the law, illustrated the text of Carloni law n.36 of 15 March 2024. A structural reform that allocates 156 million euros from 2024 to 2029 and 27.76 million per year from 2030.“The objective of the Law is to focus attention on a new model of development of national agriculture that brings together tradition, innovation and young people, in an ideal generational transition that preserves the knowledge of local traditions but is capable of projecting the agriculture in the future”, explained the Honorable Mirco Carloni.

“The law – he added – aims to provide concrete tools that make agriculture easier not just one sector capable of attracting young people, but also recover competitiveness and efficiency in international markets without, however, forgetting the protection of our raw materials, those products that made us first in the world.The role of the entrepreneur must be incentivized and encouraged, which is why the law provides for a series of measures such as preferential tax regime for young agricultural entrepreneurs and agricultural youth enterprises that undertake a business activity, concessions on the purchase and sale of rural land, stipulated by young agricultural entrepreneurs and agricultural youth enterprises, tax breaks for the expansion of cultivated areas, the granting of a contribution, in the form of a tax credit, for young agricultural entrepreneurs who started their business from 1 January 2021 and a right of pre-emption in disposal and rental procedures".

In this sense, Carloni continued:“It is essential to create the conditions to allow young people to believe that sustainable and innovative agricultural businesses can be created in Italy, too often the system has relegated rural culture to a fallback, we must bring back to the center the earth from which all good comes“.

SQUARE (ENPAIA):IN THIS VISION, YOUNG ENTREPRENEURS COME FIRST

Giorgio Piazza, president of the Enpaia Foundation, added:“a vision of agriculture that puts the figure of the young agricultural entrepreneur first, so that it can take advantage of the search for an original profession which, in the difficult context in which we find ourselves, plays a key strategic role in supporting and relaunching the national economy".