top of the page
The newsletter provided is for informational use only, for all practical purposes or further assistance, please contact us. The contents are translated into English through an AI software and may present imperfections, therefore we invite you to contact us for further clarifications.
The New IRPEF for 2024
News 41/2023 According to 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 of revising the personal income tax system and gradually reducing the related tax
Dec. 18, 2023Reading time: 4 min
New Requirements for Handling Reports of Wrongdoing – Whistleblowing Regulations
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, regarding anti-money laundering and measures to prevent the financing
Dec. 1, 2023Reading time: 3 min
Fringe Benefits 2023 – An In-Depth Look at Contributions to the Previr-Pastore Fund
News Flash No. 38/2023 Following further review and clarification, we hereby inform you that the contributions paid to the Previr-Pastore entity as insurance premiums for non-occupational accident risk 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 limit of €258.23, or the higher threshold limit of €3,000.00 provided for by law for
Nov. 24, 2023Reading time: 2 min
INPS Notice No. 3884/2023 – Operational Instructions for the 2023 Social Security Adjustment for Fringe Benefits.
News . 37/2023 In its notice No. 3884/2023 dated October 6, the INPS provided instructions for conducting social security adjustments in cases where fringe benefits and fuel vouchers were provided to employees during 2023, as provided for by Decree-Law No. 48/2023 (converted with amendments by Law No. 85 of July 3, 2023) It is worth noting that for the year 2023, the exemption limit for fringe benefits has been increased to 3,000 euros per employee
Nov. 22, 2023Reading time: 4 min
"Initial guidance" on the changes made to fixed-term contracts by Decree Law No. 48/2023.
News 36/2023 Subject: News of Labor News No. 9/2023 containing “initial guidelines” on the changes made to fixed-term contracts by Decree-Law No. 48/2023. As is well known, Article 24 of Decree-Law No. 48/2023 (the so-called Labor Decree, converted with amendments by Law No. 85/2023) amended the regulations governing fixed-term employment contracts. Several months later, the Ministry of Labor issued the long-awaited explanatory circular (No. 9 of October 9, 20
Oct. 31, 2023Reading time: 5 min
Establishment of the Beneficial Owners Registry. Information regarding reporting requirements
News 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 note that affected employers must inter
Oct. 18, 2023Reading time: 3 min
Planning of Inbound Flows into Italy
News Flash No. 34: The Prime Ministerial Decree regarding the planning of legal entry flows into Italy for foreign workers for the three-year period 2023–2025 was published in the Official Gazette No. 231 on October 3, 2023. Briefly, below are some excerpts from the Decree covered by this notice: Foreign nationals residing abroad are admitted to Italy for seasonal and non-seasonal employment and self-employment, in accordance with
Oct. 10, 2023Reading time: 1 min
Extension of the right to remote work for vulnerable individuals through December 31, 2023
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 until December 31, 2023. In this regard, it should be noted that “vulnerable” workers are defined as those suffering from documented medical conditions as identified by 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
Oct. 3, 2023Reading time: 1 min
Provision of Employee Benefits in 2023
Flash News No. 32/2023 Subject: Provision of fringe benefits pursuant to Article 40 of Decree-Law No. 48/2023, converted with amendments into Law No. 85/2023 As explained in News No. 13/2023 and No. 26/2023, limited to the 2023 tax year, the value of goods transferred and services provided to employees with dependent children (including children born out of wedlock) does not count toward taxable income, up to a total limit of €3,000.
Oct. 2, 2023Reading time: 2 min
Form 770/2023: Income for the 2022 Tax Year
News . 31/2023 Once again this year, the deadline by which withholding agents are required to electronically file Form 770 with the Revenue Agency for 2022 income is set for October 31, 2023. The form, which must be used by withholding agents (including government agencies) to report withholdings to the Revenue Agency, can be either Simplified or Standard. 1. The Simplified Form 770/2023 consists of the following
September 15, 2023Reading time: 3 min
bottom of the page