Inps contribution exemption of 0.80% for employees

Flash News n.22/2022

Subject: INPS contribution exemption of 0.80% in favor of terminated, hired and/or rehired employees during the month

As already announced in our News of January 18, 2022, Budget Law No. 235 of December 30, 2021, in Article 1, paragraph 121, provided, on an experimental basis for the year 2022 only, a contribution exemption of 0.80% on the share of IVS contributions borne by workers.

This contribution exemption is due to all employees of public and private employers, regardless of whether the employers assume the nature of an entrepreneur or not.

The facilitated measure applies in the fixed and specifically predetermined time period by the rule in question (January 2022/December 2022), provided that the monthly salary limit is respected, to be understood as taxable income for social security purposes, of Euro 2,692.00, increased, for the competence of the month of December, by the thirteenth month's salary accrual. As expressly provided for by the rule, the calculation rate of pension benefits remains unchanged.

With the pay slips for the month of May 2022, the measure is applied and the adjustment of previous months (from January 2022 to April 2022) is carried out.

INPS News No. 43/2022 does not provide operating instructions with reference to the management of the various cases.

Pending any further explanatory and operational indications, the following peculiarities are highlighted

1) Employment relationships terminated by April 30, 2022

For employment relationships already terminated as of April 30, 2022, the adjustments already made are reopened in order to recognize, for the previous months, this exemption measure (if due), to employees no longer in force. This will entail the possibility of having to pay the employee a net amount in the pay slip, resulting from the updating of his adjustment.

2) Thirteenth month's salary, in the case of terminated employees

With reference to the calculation of the exemption on the thirteenth month's salary paid to terminated employees, INPS has clarified that it will be possible to access the reduction only if the relative amount does not exceed the amount of Euro 224.00 (equal to the amount of Euro 2,692.00/12) in the month of disbursement.

Therefore, for the calculation of the accruals of the thirteenth month's salary, the entitlement to the exemption will be verified, based on the monthly limit of Euro 224.00, for the accruals matured.

3) Disbursement of post-termination sums

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