News n.17/2022
Subject: Art. 1, paragraph 121 Budget Law 2022: Exemption of 0.8 percentage points on employees' share of IVS social security contributions
The Budget Law 2022 (Art. 1, Paragraph 121 of Law No. 234/2022) provided, exceptionally, for pay periods from 01/01/2022 to 31/12/2022, a contribution reduction equal to 0.8 percent of the IVS rate payable by employees of public and private employers (regardless of contractor status).
INPS, by News No. 43 of March 22, 2022, provided initial regulatory guidance to enable the application of the reduction under comment.
The contribution reduction discussed here will be applicable starting from the accrual of March 2022 (the month of publication of this circular) and will be applicable, if all conditions are met, to both workers already in force and workers who will be hired during the year 2022.