News n.1/2025
On Jan. 01, 2025, Law No. 207 of Dec. 30, 2024, containing provisions on the "State budget for the financial year 2025 and multi-year budget for the three-year period 2025-2027," came into effect.
The law, consisting of one article and 908 paragraphs, highlights important measures for workers and businesses, of which, in this News, the main ones of a fiscal nature are summarized.
Index
1) Stabilization of income brackets and IRPEF rates and new tax wedge (Art. 1 paragraphs 2 to 9) pp. 2-3
2) The new mechanism of tax deductions (Art. 1 paragraphs 10-11) pp. 3-4
3) What's new for the flat-rate scheme (Art. 1 paragraph 13) p. 4
4) News for company cars (Art. 1 para. 48) p.4
5) Traceability of travel and entertainment expenses (Art. 1 paras 81-86) pg. 5
6) Tip deduction (Art. 1 para. 520) p. 5
7) Overtime deduction and night work (Art. 1 paras. 396-398) p. 5
8) Additional Irpef updates (Art. 1 paras 726-729; 750-752) p. 6
9) Productivity bonuses and profit sharing (Art. 1 para. 385) pg. 6
10) Newly hired fringe benefits (Art. 1 paragraphs 386-389) pg. 6
11) Fringe benefits (art. 1 paras 390-391) pp. 6-7
12) Tax incentives new hires (Art. 1 paragraphs 399-400) pg. 7
13) IRES premium (art. 1 paragraphs 436-444) pp. 7-8