Salaries increases in 2022, with January the turning point. Who earns the most wages and figures
Salaries increases 2022, let’s be clear. The 8 billion tax package was included in the executive’s maxi amendment to the budget law. Among the many interventions, the main one is the IRPEF cut: savings from 80 to 1,000 euros per year, with the greatest benefits for incomes of 40,000 euros, those not affected by the bonuses. There is the contribution discount for 2022 alone for 19 million public and private employees, except domestic collaborators, with incomes up to 35 thousand euros. Ok also for the cancellation of IRAP for 835 thousand VAT numbers and partnerships.
The measure in favor of workers “awesome“it will apply only for 2022, that is to the pay periods from January to December 2022. It consists in the recognition of the exemption from the withholding, in the pay slip, of a part of the contributions due to INPS by workers for retirement. The discount is equal to 0.8% and without any negative consequence on the future pension: what is not paid is put by the state. The relief will not be for everyone, but only for:
in favor of employees, excluding domestic workers. Since they are subject to the same discipline, the discount should also apply to co.co.co. so-called “third kind”;
provided that the taxable salary, on a monthly basis for thirteen months, does not exceed € 2,692.
Trying to quantify the discount, an employee with an annual salary of 20 thousand euros, he will get a bonus of around 135 euros per year (160 is the gross premium, but the greater Irpef paid must be removed), therefore about 10 euros per month; an employee with an annual salary of 25 thousand euros will have a discount of approximately 160 euros per year; the one with a salary of 30 thousand euros per year will receive a bonus of around 190 euros per year.
A few other numbers: Irpef finds a new application and IRAP is abolished for 41% of taxpayers. The income tax brackets go from 5 to 4 and the two intermediate rates are cut by five points: from 27 to 25% and from 38 to 35%. The formulas for calculating deductions for employees, self-employment and pensions will also be different than in the past. This allows some distortions to be eliminated.
The basic deduction for employees – reads on https://www.today.it/ – remains at 1,880 euros, but up to 15,000 euros of income, 1,200 euros are added, received as a “100 euros bonus”, counted again separately. From 15 thousand to 40 thousand euros of income the bonus is reabsorbed in the new formula. The fixed deduction for pensioners rises to 1,955 euros and so the no tax area (below you do not pay taxes) from 8,125 to 8,500 euros. While the deduction of the self-employed rises to 1,625 euros and the no tax area goes from 4,800 to 5,500 euros.
In summary:
Irpef: taxation today
up to 15 thousand euro23%
from 15 thousand to 28 thousand euro 27%
from 28 thousand to 55 thousand euro 38%
from 55 thousand to 75 thousand euros 41%
over 75 thousand euros 43%
Irpef: how it could be after the reform
up to 15 thousand euro23%
from 15 thousand to 28 thousand euros 25%
from 28 thousand to 50 thousand euros 35%
over 50 thousand euros 43%
The IRPEF cut should bring earnings above all to the middle classes, with savings in paychecks that could exceed 700 euros per year for some taxpayers in the third bracket, currently between 28 thousand and 55 thousand euros. Due to the progressive structure of the tax, the reduction of the rates of the second and third brackets will be extended to all.
In fact, smiles are those who have an income between 30 thousand and 60 thousand euros gross a year, more or less 7 million taxpayers. The elaborations of the Foundation for labor consultants studies allow us to propose some useful concrete examples to understand what awaits us with the transition from five to four income tax brackets. Labor consultants have analyzed some typical cases that fall within the average Italian income. The first is 20 thousand euros a year: the current income tax, without considering any type of deduction, is equal to 4,800 euros. From 2022, with the passage of the second bracket from 27% to 25%, it would drop to 4,700 euros with a benefit of 100 euros.
If there is a single income earner of 30 thousand euros, it goes from a gross income tax of 7,500 euros to 7,200 euros. The benefit is 300 euros concentrated on a single person.
In a family with two workers and a total income of 45 thousand euros, equally distributed and therefore equal to 22,250 euros each, not taking into account the deductions for dependent children, the change for each taxpayer is from a gross income tax of 5,475 euros to 5,325 euros, with a benefit of 150 euros per testa, equal to 300 euros for the nucleus. The benefit, therefore, rises as income increases.
With an annual gross income of 40 thousand euros, he always writes https://www.today.it/, the saving becomes 620 euros: the gross tax of 11,520 euros due today would be 10,900 euros after the reform. If the income rises to 80 thousand euros, the savings are instead of 270 euros, therefore lower: the gross tax of 27,570 euros due today would be 27,300 euros after the reform. Up to 15 thousand euros, except for interventions on tax deductions, there would be no advantages because for this income bracket the rate remains 23%. Alongside the new reform of the personal income tax rates, the reshaping of deductions (with the complete absorption of the Renzi bonus) and of the no tax area (but only for the self-employed, from 4,800 to 5,500 euros), it should avoid sudden jumps in withdrawals from one bracket to another and ensure less taxes for all.
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