ROME (ITALPRESS) – Concerning the application of personal income tax, reports have been received from some CAFs, also reported in the press, about an increased tax burden for employees who would be burdened with the burden of paying the IRPEF advance for the year 2025 even in the absence of additional income to that already subject to withholding tax. This was announced by the Ministry of Economy and Finance.
“In particular, the aforementioned higher tax burden would derive, according to the interpretation reported by the CAFs, from the application of the provision contained in Article 1, paragraph 4, of Legislative Decree No. 216 of December 30, 2023, which, by providing for the reduction from 25 to 23 percent of the IRPEF rate for incomes from 15,000 to 28,000 euros and the raising of the employee deduction from 1,880 euros to 1.955 euros, has established that these interventions do not apply for the determination of the advances due for the years 2024 and 2025 for which the discipline in force for the year 2023 should be considered – underlines the Mef -. In this regard, it is premised that the inconsistency highlighted by the CAFs derives from the fact that the IRPEF rates, brackets and deductions were at first temporarily modified, for only one tax period (2024), and then stabilized at full regime from 2025″.
“In addition, it should be noted that with the provision in question it was intended to sterilize the effects of the changes to the IRPEF rules only in relation to the advance payments due by individuals whose income tax return showed a difference in IRPEF liability, as recipients of income additional to that already subject to withholding tax,” the ministry stresses. “The intention of the legislature was not, therefore, aimed at intervening against individuals, such as the majority of employees and pensioners, who, in the absence of other income, are not required to file income tax returns. Therefore, the provision in Article 1, paragraph 4, of Legislative Decree 216/2023 should be interpreted to mean that the advance payment for the year 2025 is due, with application of the 2023 rates, only in cases where the difference between the tax for the year 2024 and the deductions, tax credits and withholding taxes, all, however, calculated according to the regulations applicable to the 2024 tax period, is greater than euro 51.65. In any case, in view of the interpretative doubts posed, and in order to safeguard all affected taxpayers, the government will also intervene through legislation to allow the application of the new 2025 rates for determining the withholding tax. The intervention will be carried out in time to avoid taxpayers aggravation in terms of declaration and payment.”
– IPA Agency Photos –
(ITALPRESS).
