From the extension of the renovation bonus on the first home to pensions, through measures to support families and businesses and a severe spending review. The budget law arrives in the Council of Ministers between fixed points and new developments. A maneuver that should weigh between 23 and 25 billion of which 9 in deficit.
Here are the main measures that the measure developed by the Meloni Government should contain.
5% CUTS FOR MINISTRIES, MUNICIPALITIES SAVED - In order to bring fresh resources to the budget, ministries will have to cut spending by 5%. Local authorities and municipalities should instead be "saved" from the slimming diet.
HEALTH - In any case, health spending will not be cut. Minister Schillaci said he was confident that compared to the 5 billion allocated in the last budget law, there could be an increase of up to 3 billion.
BANKS' CONTRIBUTION - Fresh funds to the budget law should come from a contribution from the largest banks. On the table there would be an advance on DTA (deferred tax assets) for three billion. An increase in IRES and IRAP, however, seems to be excluded. TAX WEDGE AND IRPEF BRACES - Confirmation of the cut in the tax wedge and the three IRPEF brackets alone are worth more than half of the maneuver, around 14 billion. As for the cut in the wedge, some defects should be overcome with a double action. From next year, in fact, it could remain contributory for incomes up to 20 thousand euros, to then transform into fiscal, with an increase in deductions for dependent work up to 35 thousand euros. At that point a rather rapid decalage would begin, up to 40 thousand euros. If the funds coming from the preventive settlement and the related voluntary disclosure are sufficient, the government could then reduce the intermediate rate, up to 50 thousand euros of income, from 35 to 33%.
BIRTH RATE, DEDUCTIONS ARE CHANGING - This is the other main course of the maneuver that should provide support for birth rates and families through the single allowance tool but also with a restyling. The hypothesis would be to introduce a maximum amount that can be deducted, which should in turn be modulated based on the family unit. Introducing in fact, it is explained, a first taste of a "family quotient". Among the hypotheses is also that of revising downwards the income threshold beyond which the decalage of tax discounts kicks in to 19% (today it starts at 120 thousand euros) but work is still underway on the entire package. Among the measures that are taken for granted is the extension of the decontribution for working mothers with two or three children to the self-employed.
FRINGE BENEFIT - The aim is to confirm, but with some adjustments, the measure on corporate support. The latest budget law has raised the exemption threshold for fringe benefits to 2,000 euros for workers with dependent children and 1,000 euros for everyone else (opening up the possibility of using them to pay rent or a mortgage on a first home).
RENOVATION BONUS - We are moving towards the extension of the 50% renovation bonus on the first home in 2025, thus avoiding the tax relief from dropping to 36% from January. PENSIONS - There is nothing to be done for structural reforms on this front, but work is being done, however, to confirm the full indexation of pensions with respect to inflation. And to an increase in minimum pensions. Among the hypotheses circulating is also that of a refinement of the so-called Maroni bonus, with incentives for those who choose to stay in work even if they meet the requirements for retirement. A push for supplementary pensions with the introduction of a semester of silent consent is also not excluded.
PA CONTRACTS - As confirmed by Minister Giancarlo Giorgetti, the maneuver will also allocate resources for the renewal of public contracts for 2025-27.