INPS Notice No. 3884/2023 – Operational Instructions for the 2023 Social Security Adjustment for Fringe Benefits.

News . 37/2023

With Message No. 3884/2023 dated October 6, 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 raised to 3,000 euros for certain categories of workers (workers with dependent children for tax purposes). The INPS notes that this includes “in the exemption from the general rules on this matter, the amounts paid or reimbursed to employees (in the private and public sectors) “for the payment of household utility bills for water, electricity, and natural gas.” Furthermore, employers are required to provide prior notice to the unified trade union representatives, where present.” In addition to this last declaration, as will be recalled, there is the declaration that each employee, as a potential beneficiary, is required to submit.

Please also note that also when determining the €3,000 limit, one must also take into account goods or services (as well as any reimbursements or payments made for water, electricity, and gas utilities) provided by any previous employers.

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