News Flash No. 22/2022
Subject: 0.80% Inps contribution exemption for employees terminated, hired and/or rehired during the month
As previously announced in our News of Jan. 18, 2022, Budget Law No. 235 of Dec. 30, 2021, in Article 1 Paragraph 121 provided, on an experimental basis for the year 2022 only, a 0.80 percent contribution waiver on the workers' share of IVS contributions.
This contribution exemption applies to all employees of private public employers, regardless of whether or not the employers assume the nature of an entrepreneur.
The facilitated measure is applied during the fixed time period specifically predetermined by the rule under discussion (January 2022/December 2022), provided that the monthly salary limit, to be understood as taxable remuneration for social security purposes, of 2,692.00 euros is respected, increased, for the accrual of the month of December, by the accrual of the 13th month bonus. By express provision of the rule, the rate of computation of pension benefits remains unchanged.
With the payroll for May 2022, the measure will be applied and the previous months (January 2022 to April 2022) will be adjusted.
Inps Circular No. 43/2022 does not provide operational instructions with reference to the handling of different cases.
Pending any further explanatory and operational guidance, the following particularities are highlighted
1) Employment relationships terminated by April 30, 2022.
For employment relationships already terminated as of April 30, 2022, adjustments already made will be reopened in order to recognize, for past mes s, this exempt measure (if applicable), for employees no longer in force. This will result in the possibility of having to pay the employee a net amount in the paycheck, resulting from the updating of his or her adjustment.
2) Thirteenth month's pay, in the case of terminated employees
With reference to the calculation of the exemption on the thirteenth month's pay disbursed to terminated employees, Inps clarified that it will be possible to access the reduction only if the amount does not exceed in the month of disbursement the amount only if the amount does not exceed in the month of disbursement the amount of 224.00 euros (equal to the amount of 2,692.00/12).of 224.00 euros (equal to the amount of 2,692.00/12).
Therefore, for the calculation of the accrual of thirteenth month's salary, the calculation of the accrual of thirteenth month's salary, the calculation of the accrual of the accrual of the accrual of the accrual of the exemption will be verified, based on the monthly limit of 224.00 euros, for the accrual of the exemption will be verified, based on the monthly limit of 224.00 euros, for the accrual of the exemption.
3) Disbursement of post-termination sums