Superbonus of 120% for permanent employment: tax breaks for companies and professionals
Tax breaks for companies and professionals who hire on a permanent basis, with the possibility of a 120% superbonus and up to 130% for vulnerable groups
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Key points
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A superbonus of 120% for companies and professionals who hire on a permanent basis. A maxi-discount on labour costs of up to 130% if the new hires fall into the so-called fragile categories.
Published the implementing decree
.The implementing decree signed by the Minister of the Economy Giancarlo Giorgetti in agreement with the Minister of Labour and Social Policies Marina Calderone has been published on the Finance website. The measure makes operational the maxideduction of tax provided for in the reform of Irpef at the beginning of the year (Decree decree no. 216), which provides for business income holders and those engaged in the arts and professions, for the tax period following the one in progress on 31 December 2023, for the purpose of determining income, the increased cost of newly hired employees with permanent employment contracts, as well as an additional deduction in the presence of new hirings of employees, with permanent employment contracts, who fall into the categories of workers deserving greater protection.
The measure
.What can be defined as a '120% superbonus' is a tax benefit that is introduced by the decree just issued by the Minister of Economy and Finance in agreement with the Minister of Labour and Social Policies, which contains the modalities for the implementation of Article 4 of Legislative Decree No. 216 of 30 December 2023, i.e. the reform of the Irpef. The increased labour cost, reads the decree published on the Mef's website, 'is due for the hiring of permanent employees, with a contract in place at the end of the tax period following the one in progress on 31 December 2023, if the number of permanent employees at the end of the tax period following the one in progress on 31 December 2023 is higher than the number of permanent employees on average employed in the previous tax period. In essence, the number of employees hired on an indefinite-term basis must rise year on year to trigger the bonus. The cost of personnel to be hired for the benefit, the text goes on to say, 'is increased, for the purposes of determining income, by an amount equal to 20 per cent'. The same cost 'shall be increased by a further 10 per cent in relation to new open-ended recruitments of employees included in each of the categories deserving greater protection'.
