Excise tax rebate bills on petrol and diesel, what the government has decided

The Council of Ministers approved on the evening of 21 November the new 35 billion finance lawas well as a decree law containing urgent measures in the field of excise duties and VAT on fuel and support for population of the Marcheshit by the earthquake.

But what specifically does the text approved by the executive provide?

1. Measures against expensive energy
2. Social bonus bills
3. Measures against inflation
4. Single allowance for families with three or more children
5. Tax-free productivity bonuses
6. Permanent employment
7. Purchase of the first house
8. Incremental flat tax
9. schools
10. Pensions
11. Basic income
12. Cash ceiling
13. Suspension of the plastic and sugar tax
14. SME guarantee fund
15. Bridge over the Strait
16. Excise and VAT on fuel
17. For the Marches

From 2024 goodbye to basic income

Pending the repeal, for 2023 employable people will receive the subsidy for only 8 months. From the following year the stop for everyone is triggered

Measures against expensive energy

The Meloni government has destined over 21 billion euros to the measures versus the expensive energy for the first three months of 2023, with the intention of increase aid to households and businessesalso widening the audience of beneficiaries.

As well as confirm the elimination of improper bill chargesthe executive refinanced through March 30 the tax credit for the purchase of electricity and natural gas: for bars, restaurants and commercial activities it goes from 30 to 35%, for energy and gas-intensive companies from 40 to 45%.

I am instead 3.1 billion allocated for the health sector and for local authoritiesincluding public transport.

Social bonus bills

There are several interventions that the government has included in the so-called family package. For the more fragile cores, for example, it was confirmed and strengthened the mechanism that allows you to receive the social bonus for bills. The Isee threshold has been raised from 12 thousand to 15 thousand euros.

Measures against inflation

The government has reduced from 10 to 5% VAT on baby products and feminine hygiene products. A fund of 500 million euros has also been set up for the construction of a “Spending Savings Card” for incomes of up to 15,000 euroswhich will be managed by the municipalities to buy basic necessities. In fact, these are tools similar to shopping vouchers, which can be used at the points of sale that will join the initiative, with a further discount offer on certain food products.

With 5% VAT on diapers and sanitary pads, Meloni surpasses a too hesitant left

The Democratic Party had at least ten years to approve a measure formalized in 2016 by Possibile and relaunched several times: in the end, it is the government furthest to the right since the birth of the Republic to snatch another piece of the social battle

Single allowance for families with three or more children

For 2023, this measure will be increased 50% for the first year of age and of a further 50% for families made up of three or more children. The check is confirmed for the disabled.

Tax-free productivity bonuses

For the employeesthe executive has set a 5% rate for i profitability bonuses up to 3,000 euros.

Permanent employment

To ease permanent employmentthe executive has introduced a contribution threshold up to 6 thousand euros for those who already have a fixed-term contract, with an eye to women under 36as well as for i citizen income recipients.

Purchase of the first house

They have been extended for the whole of 2023 concessions for the purchase of the first home by young people under 36.

Incremental flat tax

For the self-employed has been introduced an incremental flat tax of 15%with a 5% deductible and a ceiling of 40 thousand euros. The term of comparison to establish the entity of the income increase on which the flat tax will intervene will be the highest income of the last three years.

schools

The government has foreseen the restoration of the contribution for private schools equal to 94 millionof which 24 intended for the transport of disabled people.

Pensions

The crux of the new budget law, in the light of the electoral campaign that led to the victory of the centre-right, is the issue concerning pensions. The financial starts odds 103a new pension advance scheme for 2023, which will allow you to retire with 41 years of contributions and 62 years of age. For those who decide to stay at work, there is a de-contribution by 10%.