Save up to EUR 260 with the decree on advance payments

The saving of advances or saving 730, as one prefers to call it, goes through in the Council of Ministers dedicated to the security emergency for the Pope's funeral. The decree-law approved by the government (and destined to flow as a government amendment to another measure being converted, in all likelihood the Dl on the caster policies now being examined by the Chamber) allows for the application ofthe three Irpef rates in the calculation of the 2025 tax advances.

This sterilises the clause that was left over from the delegated decree (Legislative Decree 216/2023) implementing the tax reform, which had provided for a single year's transition from four to three IRPEF rates, while the last Budget Law made the application of the three tax rates (23% up to 28 thousand euro, 35% over 28 thousand euro and up to 50 thousand euro, 43% over 50 thousand euro) fully effective. An oversight that had been raised by the CGIL Cafes and that had already led the Ministry of the Economy to publish a note on 25 March, in which, while circumscribing the impact of the possible effects in terms of price increases, it announced a corrective action.

Corrective action arrived in yesterday's Council of Ministers and is intended to allow the Revenue Agency to prepare the precompiled income declaration to be made available to taxpayers by Wednesday 30 April, already taking into account the change and thus the calculation of IRPEF advances based on the three rates. According to the analyses conducted by the consultancy of Cafes for Il Sole 24 Ore, according to the analysis, taxpayers, depending on their income bracket, will not run into surcharges that could have reached up to 260 euro. Naturally, with a variability linked to individual situations, as in the example shown in the graphic of the pensioner who, by virtue also of deductible expenses and family loads, goes from a situation of debit settlement with the Inland Revenue to one of credit, in which he may be entitled to a refund.

The cost of the operation is 245.5 million euro for 2025, which will come through a reduction in the fund for the settlement of items entered in the suspense account provided for in the 2024 manoeuvre.

The reactions are all in the name of satisfaction. 'We have approved the new measure in time to ensure that there are no errors in upcoming payments or in the compilation of tax returns,' explained Deputy Minister for the Economy, Maurizio Leo. The Government's intervention, as pointed out by Caf Uil president and coordinator of the Consulta dei Caf, Giovanni Angileri, makes it possible to dispel any doubts on the declaration campaign "that began over a month ago" and represents "a concrete signal that goes in the direction of simplification and tax justice".