Details of the Decree and Meloni-Union Meeting”

The interministerial decree is ready which unlocks the super deduction on hiring provided for by the first module of the tax reform contained in Dlgs 216 del 2023. The measure, which provides for a deductible portion of the cost of labor equal to 120% (increased to 130% for specific categories of workers affected such as young people, women and individuals already benefiting from citizenship income), applies to all companies, regardless of the corporate form, and to self-employed workers. In the April Def, the government predicted that this new form of incentive for stable work, which replaced some hiring incentives that expired in December, could initially affect around 380 thousand companies.

The draft Economy and Work decree, six articles in total, provides that joint-stock companies, non-commercial entities (limited to new hires used in the exercise of commercial activity), partnerships and similar companies and individual businesses, non-resident companies and bodies (in relation to commercial activity carried out in the territory of the State through a permanent establishment) and practitioners of arts and professions, also in the form of a professional association or simple company, who carry out self-employed work . However, subjects who do not have business income (agricultural entrepreneurs and those who carry out commercial activities on an occasional basis) are excluded. The relief is not available to companies and entities in ordinary liquidation, subject to judicial liquidation or to other liquidating institutions relating to the business crisis.

The super deduction is recognized on the condition that the beneficiaries have actually carried out the activity in the 365 days (or in the 366 days if the tax period includes 29 February 2024) prior to the first day of the tax period following the one in course as of 31 December 2023; and furthermore there must be an increase in employment, i.e. when the number of permanent employees, at the end of the tax period following the one in progress on 31 December 2023, is greater than the number of average employed permanent employees in the previous tax period. The mechanism seems to have already produced a first effect with the increase in employment in February recorded by Istat (+142 thousand permanent workers – in fact, the earlier the hiring takes place in 2024, the greater the incentive you will benefit from) .

The maxi deduction (the minister’s signature is expected on the Mef-Lavoro decree Cauldron ) will certainly be on the table tomorrow, at Palazzo Chigi in the new face-to-face meeting between the Prime Minister, Giorgia Meloni and the unions, called for the illustration of the Cohesion decree, which will be examined by the Council of Ministers the following day, Tuesday, and which provides for a strong push at work. On the table there are 43 billion of the 2021-27 programming to be allocated to employment, social and business support policies. And not just regional: with national co-financing the funds reach 74 billion.

The Prime Minister goes to the unions Giorgia Meloni , also in view of May 1st, will confirm the commitment to continue with the reduction of the wedge (in the strengthened form up to 7 points less, in force until December) and on the bonus for working mothers (for those with two children the tax relief applies this year only). We will also talk about support for low-income families. In the latest version described on our website, we think about a Christmas bonus of up to 100 euros for single-income households, i.e. with an employee with incomes of up to 28 thousand euros and at least one dependent child. A restyling of productivity bonuses is also being studied, from 2025, with a return to the 10% rate (up to 3 thousand euros). But the scope of action is broadened, leaving everything in the hands of collective bargaining.