If you received a lower or higher salary than usual at the end of the year (or the beginning of 2024), it makes little sense to blame the government of the day or your employer. The reason for any change in net salary should be sought in the recalculation of tax withholding at the end […]
Tag: payroll
Minhacienda will deduct incorrectly paid salaries from the December payroll
On November 24, the Ministry of Finance – accidentally – awarded government officials and decentralized entities two or more times the salary corresponding to the above-mentioned month. Two weeks after what happened, it was learned that the government agency has not recovered the 45 billion pesos it paid due to a “system error.” This is […]
If you have an extra euro in your paycheck, you could lose 1,100 euros
The mix between copayment decentralization and Irpef reform will bring “more benefits to middle-low income earners and workers,” but some “critical issues arise from coverage and income thresholds.” This was stated today during a hearing in the House and Senate Budget Committees by the head of the Parliamentary Budget Office (UPB), Lilia Cavallari, who considered […]
Cut taxes, but not for everyone: How tax cuts work in 2024
Wages will also be higher in 2024, but only for some workers who fall into certain income groups. Meloni’s government actually expanded the deduction by including the tax wedge in the fiscal package, thereby reducing the weight of social security contributions on employees’ salaries. The measure also included tax cuts for corporate welfare and a […]
Salary raises are coming to government employees, but one category trumps them all: numbers
Salary increases are coming to public employees. The Meloni government’s 2024 budget allocated funds for the expected renewals of state contracts. The benefits of this will be seen in 2023, perhaps in December, as Minister of Public Administration Paolo Zangrillo explained: “In order to offload the costs to 2023 and not to burden 2024, which […]
Salaries will be lower at Lazio: 400 euros less per year on the payroll from January
We were expecting this in March 2023, and now unfortunately the confirmation has arrived: more taxes will be paid in Lazio and Rome than in the rest of Italy. Citizens with incomes between 15 thousand and 40 thousand euros, that is, approximately 2 million taxpayers, will pay 1.6 percent more each month in personal income […]
Employment decree: how many euros will the salary increase from 1 May
The labor decree that the Meloni government intends to issue on Monday (May 1st) is ready when a cabinet meets privately: more resources to reduce the tax burden. Unions and opposition are so critical, Landini (CGIL) describes “insanity” to cut basic income (which will be replaced by two new subsidies). Giorgia Meloni is returning to […]
Now is not the time to go into debt, experts say in light of high interest rates
If you’re considering going into debt, you should know that for experts, this is the “riskiest time” to do so. This is because interest rates are at their highest level in the millennium. For February, financial sector rates are shooting to historic maximums as usury rates will reach 45.27%, while current bank rates for the […]