Under 35 Bonus – Inps News 57/2020
- Studio Piceci
- May 10, 2020
- Reading time: 8 min
Update: Apr 28, 2022
As is known, Law 160/2019, amending art. 1 paragraph 102 of Law 295/2017, has provided, for new hires made in 2019 and 2020, of workers up to 35 years of age (34 years and 364 days), the application of the exemption from the payment of social security contributions payable by the employer. A "basic" condition is that the hiring takes place with a permanent employment contract with increasing protection. If the other conditions are met, the benefit will be applicable for a maximum period of 36 months from the date of hiring of the worker and may be recognized, for any remaining period, to any other employers who proceed to hire the same subject.
From 2021, the age limit useful for the application of the exemption will be identified as 30 years of age.
With the issuance of this News, INPS provides for the adjustment in Uniemens, starting from the month of competence of April 2020, for the bonus in question.
Below is a summary of the points of greatest interest of the News mentioned above.
The contribution exemption in question, from a subjective point of view, is "dedicated" to the hiring of young workers who, during their entire working life, have never been holders of a permanent subordinate employment relationship.
With regard to EU legislation, the benefit constitutes a generalized intervention, that is, potentially aimed at all private employers operating in every economic sector of the country, whose production units are located in any area of the national territory.
Therefore, it is necessary to specify that the rule does not determine an advantage in favor of certain companies, production sectors, or geographical areas of the national territory.
Employers concerned
Private (companies, professional firms, associations, foundations, non-profit organizations, public economic entities, etc.)
NO Public administrations and domestic employers.
Benefit Duration: 36 months
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