News No. 2/2024 On December 30, 2023, Law No. 213 was enacted regarding the “State Budget for Fiscal Year 2024 and the Multi-Year Budget for the 2024–2026 Period.” It entered into force on January 1, 2024, with the exception of the provisions set forth in paragraph 296, which entered into force on December 30, 2023. This year’s Budget Law was divided into two Sections: Section I, consisting of a single article and 561 paragraphs, co

News Flash No. 1/2024 On December 17, 2023, Law No. 191 came into effect, converting Decree-Law No. 145/23 (known as the “Advance Payments Decree”). Here is a summary of the main changes regarding labor matters: Fringe Benefits on Loans Granted to Employees We would like to draw particular attention to the amendment to tax regulations concerning loans granted by employers to employees, in light of the significant burden imposed by the n

News No. 41/2023 Based on the draft Legislative Decree on the “Implementation of the First Phase of the Personal Income Tax Reform and Other Measures Concerning Income Taxes,” approved by the Council of Ministers, the IRPEF tax rates and income brackets will change for the 2024 tax year. The aim is to overhaul the personal income tax system and gradually reduce the related tax

News Flash No. 40/2023 We would like to inform our valued clients that the deadline for compliance with the legal requirements for private employers who have employed an average of at least 50 employees over the past twelve months—as well as for employers who, despite having fewer than 50 employees, are engaged in financial services and products, to implement anti-money laundering measures and measures to prevent the financing of

News Flash No. 38/2023 Following further review and clarification, we hereby inform you that the contributions paid to Previr-Pastore as insurance premiums for non-occupational accident risks are considered compensation in kind, not subject to social security contributions; therefore, the relevant amount will count toward the total of exempt fringe benefits up to the threshold of 258.23 euros, or the higher threshold of €3,000.00 established by law for

News No. 35/2023 Dear Customer, We hereby draw your attention to the compliance requirement under anti-money laundering legislation, as set forth in Legislative Decree No. 231/2007 and related implementing measures, regarding the reporting of data and information on beneficial ownership in the general section or the special section of the Business Register. Given the informative nature of this circular, please be advised that affected employers must inter

News Flash No. 33/2023: Decree-Law No. 132/2023 (see Art. 8) has extended the right to remote work for “vulnerable workers” in the private and public sectors through December 31, 2023. In this regard, please note that “vulnerable” workers are defined as those suffering from documented medical conditions as identified by the Ministerial Decree of February 4, 2022 (chronic conditions with poor clinical prognosis and a particularly severe nature, in the presence of which a general practitioner certifies that d