Will payroll taxes really go down? Fringe benefits, tax wedge, thirteenth and overtime, what changes
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Employee tax cuts
The House Finance Committee has completed the examination of the tax reform delegation and the vote for the mandate for the rapporteur to send the text to the Chamber is expected next week. This is a step forward in reforming our country’s tax system – commented the Deputy Economy Minister, Maurizio Leo – and I trust that there will be the same collaboration in Parliament in the subsequent phases. Leo thanked the commission for the work done: We moved on the basis of the previous delegation, assumed the cornerstones of the same and developed it. In addition to those contained in the fiscal delegation, other measures, on the other hand, are planned, in part with the final vote and the forthcoming conversion into law of the Labor decree. In addition to the deductions for training and fringe benefits – said Leo -, for which we have elevated the roof and we’re going to stabilize it, we’re trying to make it structural the wedge cut. The only uncertain variable is the resources available: coverage is scarce and there are still many issues to be resolved, including pensions and public employment contracts to be renewed.
In the meantime, let’s see the solutions in the executive studio.
Read also: Tax reform, less taxes on employees on thirteenth and overtime (but the Flat tax postponed)
02 Jul 2023
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