News Flash No. 32/2024
The "Christmas Bonus" allowance, provided by "Omnibus" Decree-Law No. 113/2024 on "Urgent measures of a fiscal nature, extensions of regulatory terms and interventions of an economic nature," consists of a benefit One-time benefit in favor of employees who meet certain income and family requirements. The Internal Revenue Service published, with News No. 19/E, the first indications for taking advantage of it.
The requirements are summarized:
1) It is necessary to be an employee, whether in the public or private sector; the Bonus is not available, for example, to all those who receive income assimilated to employment under Article 50 of the T.u.i.r;
2) It is necessary to be an employee income holder in 2024, regardless of contract type (permanent, fixed-term, part-time, full-time);
3) The employee's total income for 2024 not must exceed 28,000.00 euros (considering it net of the income of the real estate unit used as the main home and that of its appurtenances). In this regard, the so-called. reference income (i.e., the total income to be used for the determination of tax benefits (including the bonus in comment), taking into account also the income subject to dry coupon tax, the income subject to substitute tax in application of the flat-rate scheme for business, arts or professions, the share of the ACE relief and the amounts given to workers in the private sector, employed in accommodation facilities and food and beverage establishments by way of liberality (so-called tips), subject to substitute tax.