New tax code to be used in F24
- Studio Piceci
- Feb 3
- Reading time: 2 min
Flash News No. 6/2025
On January 31, the Revenue Agency, with Resolution No. 9/E, announced the tax codes for the offsetting use by tax withholding agents, via F24 and F24 'Public Entities' forms, of the credit accrued from the disbursement to employees of the sum referred to in Article 1, paragraph 4, of Law No. 207 of December 30, 2024 (2025 Budget Law).
Let us recall what Article 1, paragraph 4, of Law No. 207 of December 30, 2024, stipulates:
“To holders of employment income as per Article 49 of the Consolidated Income Tax Act, referred to in Presidential Decree No. 917 of December 22, 1986, excluding those specified in letter a) of paragraph 2 of the same Article 49 (therefore excluding pensions of all kinds and equivalent allowances; as well as the sums referred to in Article 429, last paragraph, of the Code of Civil Procedure (i.e., labor credits ordered by the judge following a conviction)), who have a total income not exceeding 20,000 euros, a sum is granted, which does not contribute to the formation of income, determined by applying to the taxpayer's employment income the corresponding percentage indicated below:
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