Tax wedge, the effect of the cut arrives in the paycheck: how salaries change and who earns it
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The cut of the 2023 tax wedge
The cut in the tax wedge envisaged by the Budget law arrives in the pay slip. This is the reinforced extension of the cut introduced by the Draghi government and concerns the exemption on the share of social security contributions for invalidity, old age and survivors dependent on the worker. One way to reduce the weight of contributions and taxes on the payroll of employees with important differences for those with an income of up to 20,000 euros compared to those who earn up to 35,000 euros gross per year. But let’s see who will have a (slightly) heavier paycheck since January and what to do.
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