Three-rate Irpef kicks off, the Revenue Agency's guide. The income brackets and the corresponding rates drop from 23 to 43%.
The no-tax area for employees rises to 8,500 euros in 2024. For taxpayers with a total income exceeding 50,000 euros, the amount of the deduction from the gross tax due in relation to expenses whose deductibility is set at 19 percent is reduced by an amount equal to 260 euros. The cut also affects donations to political parties and insurance premiums for disaster risk.