Reduction of Irpef rates from 4 to 3, deduction from employee employment with an increase of 75 euros,
reduction in the amount of deductions due for some charges for incomes above 50 thousand euros and repeal of the relief for the capitalization of companies (Ace ).
The operational instructions from the Revenue Agency on the first module of the tax reform have arrived
.
The circular published today provides the financial administration offices with indications for correctly applying the rules contained in the legislative decree of 30 December 2023.
In practice,
explains the practice document, limited to the 2024 tax period, they are reduced from 4 to 3 the income brackets and the corresponding rates
(23% for incomes up to 28,000 euros; 35% for incomes above 28,000 euros and up to 50,000 euros; 43% for incomes exceeding 50,000 euros).
At the same time, the deduction for holders of employee income and for certain similar incomes is increased by 75 euros, from 1,880 to 1,955 euros, provided that the total income does not exceed 15,000 euros.
In other words, for 2024, the no-tax area rises to 8,500 euros for employees.
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, recall the Come in
.
The cut also affects donations to political parties and insurance premiums for disaster risk, while healthcare costs are excluded.
For holders of a total income exceeding 120,000 euros, the reduction of 260 euros will be applied to the deduction from the gross tax which is already reduced due to the progressive reduction of the 19% deductions introduced by the budget for 2020 and regulated by article 15 , paragraph 3-bis, of the TUIR.
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