The 60 euro Pos and the other provisions of the finance law

There is a deadline: there financial law 2022 must be approved by 31 December. This is the government’s first real test case Giorgia Meloni. The economic maneuver was signed by the President of the Republic and approved, with verification of financial compatibility, by the State Accounting Office. Now it’s the turn of Parliament and the prime minister has already said that for approval in time there are no holidays that hold, it will be possible to work even at Christmas. The path will not be easy despite the fact that the majority seem solid in numbers. There will be amendments from the opposition, but also from fringes of the centre-right.

There is the process of the National Recovery and Resilience Plan and Mattarella’s warning has arrived on the fight against tax evasion which is central to the Pnrr. It is no coincidence that this issue is being discussed because in the finance law there is a question of the return of the use of cash which is very evident starting from the Pos case.

Credit cards

No penalties for those who do not accept the Pos for payments up to 60 euros. The maximum threshold within which merchants can refuse payments with debit cards or credit cards rises from 30 to 60 euros. Digital payments, the detractors of the provision recall, allow for greater traceability of cash. Citizens, at least as far as we read on social media, are divided: there are those who are ready to use cash and those who will boycott merchants who don’t pay attention to credit cards. Since last June, the law provides for the obligation of the Pos for “any amount” with a fine of 30 euros increased by 4% of the amount paid. Added to this is the increase to 5,000 euros of the ceiling on the use of cash.

bills

21 billion, out of the 36-37 of the maneuver, are committed to aid to families and businesses against high energy costs. Exemption from payment of bills for Isee income up to 15 thousand euros.

Pensions

The Ape Sociale, the pension advance for some categories of workers, has been extended for 2023. Quota 103 applies for next year: you retire at 62 years of age and 41 of contributions, which will guarantee a maximum gross allowance of 2,600 euros that cannot be combined with other income.

Leaving is brought forward by one year for each child up to a maximum of two for some categories: it will only concern caregivers, invalids and employees of companies in crisis and concessions in terms of retirement age will be provided to those with children.

Flat tax

The 15% flat tax for VAT numbers and the self-employed goes from the threshold of 65,000 to 85,000 euros.

Productivity rewards

Productivity bonuses up to €3,000 are taxed at only 5%.

Tax wedge

The difference between gross and net payrolls is reduced by two points for employees with incomes up to 35,000 euros and by three points up to 20,000 euros. For those who permanently hire young people under the age of 36, apprentices or women, there is a 100% exemption from social security contributions for a maximum of 36 months within the annual limit of 6 thousand euros. For 2023, this exemption also applies to those who hire citizenship income recipients with a permanent contract.

Tax truce

Folders up to one thousand euros canceled from 2000 to 2015.

Families

The single allowance increases by 50% for families with an Isee income below 40,000 euros, who have at least three children up to three years of age. The minimum amount should reach 75 euros, the maximum should be 262.5 euros. An extra month of leave for mothers (only for them, not for fathers) paid at 80%. On diapers and sanitary towels 5% VAT.

Imu

Exemption from the Imu for the owners of occupied properties who have submitted a regular complaint.

Basic income

The Meloni government has confirmed it for the first 8 months of 2023 to the category of earners defined as employable. For the unemployable, nothing will change: 635,000 households with underage, disabled or elderly children aged 60 or over.

Extra profits

The contribution of the energy companies becomes 50% and will be calculated on the taxable Ires and on the average increase above 10% calculated over the previous four years.

More stories from Vanity Fair that may interest you:

– Parental leave: what will change

– Paternity leave: “But why are only mothers interested in it?”

– Which is the country in Europe where women work better?

Source: Vanity Fair

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