Assumption of new Irpef cut, who earns and how much

Possible structure ofArpev 2025 Thanks for the first data on the subscription A two-year restraining order: A “treasure” of approx. 1.3 billion New Euro tax deductions will be earmarked. Assumptions discussed in recent months envisioned a two-percentage-point cut in the second bracket’s rate, but according to a simulation by the National Accountants Foundation, implementing the move would require double the resources, ie. 2.5 billion.

Data of Agree on a two-year budget

The 2025 budget bill confirms the three-rate Irpef, introduced as part of this year’s tax reform, and promises more intervention with borrowers from biennial compounding resources. The Deputy Minister of Economy has repeatedly highlighted the link between these two initiatives. Maurizio Leo, who stressed the importance of having certainty about future tax revenues, especially given the potential extension to enter into an agreement with the tax authorities.

About a week before the Oct. 31 deadline, the first data indicated higher revenue estimates of 1.3 billion euros. According to the National Foundation of Accountants, this provision may allow for a rate reduction in the second bracket Dal 35% and 34%About 11 million taxpayers are benefiting from this. However, current resources will not be enough to reduce the rate to 33 percent.

Alternatively, the new intervention on Irpef may not be limited to a rate cut, but may also increase the second bracket beyond the 50 thousand euro threshold currently in force. In recent months, accountants have already declared this direction viable. According to simulations, raising the second bracket of Irpef would cost the equivalent of a one percentage point rate cut, still requiring resources equivalent to around 2.5 billion euros, especially if one were to raise the threshold to 65. Choose to do a thousand. Euro

How much will be deducted for employed workers?

In the assumption of reducing the rate of the second Irpef bracket by one percentage point (from 35% to 34%), taking into account the new tax deduction, the benefits will be concentrated on employees with gross income above 35 thousand. For example, 40,000 euros will be saved for gross recipients. 543 Euros per annum, While those with a salary between 30 thousand and 35 thousand euros will suffer a little loss respectively. -101 euros and -145 euros on an annual basis.

Similar dynamics emerge in the assumption of a two-point cut (from 35% to 33%): annual savings will increase for an income of 40 thousand euros. 627 euros, While they will record between 30 thousand and 35 thousand euros respectively. -101 euros and -107 euros. According to accountants, these estimates highlight how the tax benefits will not be uniform, but will depend on the income lines involved.

Irpef deduction for self-employed and pensioners

Rather more modest, but still positive, savings are expected. Self Employed Workers e Pensioners For example, for incomes between 30 thousand and 35 thousand euros, the annual savings would be only 20 euros with a reduction of one percentage point in the Irpef rate and 40 euros with a reduction of two percentage points.

Simulations prepared by accountants illustrate how each assumption of tax intervention can translate concretely to different types of taxpayers. However, the time for providing certainty is not yet over: all options are on the table.