After a complex process of amendments, adjustments and some delays, the Maneuver 2025 of the Meloni Government obtains the green light from the Chamber. Now the ball is in the Senate's court, where the second reading will begin on Monday 23rd in committee, with the final approval expected between Christmas and New Year's Eve, probably on December 28th. The budget law is enriched with numerous new features compared to the text approved in mid-October, with measures for 30 billion euros. Of these, half will be allocated to making the structural tax wedge cut , Irpef reform at three rates. Among the new responsibilities: the end of the bonus for the purchase of gas boilers, an extra billion for the TAV, the stop to the extension for the transfer of TFR to pension funds, new restrictions on deductions, the reimbursement of travel expenses for non-elected ministers and undersecretaries, mini revaluations of pensions, and the 50% home bonus limited to first homes. Here are the main measures of Maneuver 2025 with the latest changes.
Irpef Reform 2025: New Methods and Tax Reliefs
As anticipated, 17 of the 30 billion of the 2025 Budget Law will be allocated to making the tax wedge cut , Irpef reform with three brackets. However, the mechanism changes: there will no longer be a discount on INPS contributions on salaries up to 35 thousand euros, but a "bonus" for those with an income of up to 20 thousand euros and one relief fiscal for those earning between 20 thousand and 40 thousand euros, with a gradual reduction in benefits starting from 32 thousand euros. The most significant change is that, instead of looking at the salary, the "income total”, which means that, for example, owning a second rental home could exclude you from the benefit, even if your income from work is less than 40 thousand euros.
In concrete terms, for those with an income of up to 8.500 euros, the contribution will be 7,1%; between 8.500 and 15 thousand euros it will drop to 5,3%, while between 15 thousand and 20 thousand euros it will be 4,8%. For an income of 15 thousand euros, the increase will be approximately 66,25 euros per month, while for those earning 20 thousand euros the monthly increase will rise to 80 euros. Furthermore, for those earning between 20 thousand and 32 thousand euros, a fixed deduction of 1.000 euros will be applied, equal to 83,30 euros per month.
As far as the 'Personal income tax, rates remain unchanged: 23% up to 28 thousand euros, 35% between 28 thousand and 50 thousand euros, and 43% over 50 thousand euros.
The following have also been confirmed: fringe benefits, with an exemption threshold set at 2.000 euros for workers with dependent children and 1.000 euros for all others.
Lighter IRES for companies that reinvest
The Ires drops by 4 percentage points for companies that, in 2024, set aside at least 80% of profits and reinvest at least 30% in the company, with a minimum share equal to 24% of the profits of the 2023 financial year. Investments must be at least 20 thousand euros and companies must hire at least 1% more workers on permanent contracts. The extension of the Guarantee fund for SMEs, to which is added a fund of 3 million euros, spread over three years, for the Ilva related companies. In addition, a special fund of 70 million is planned to finance workers' participation in the management and profits of companies. The fund for the families of the victims di accidents at work, while a tightening on Naspi.
The 20% deduction on labor costs for new permanent hires, with the possibility of increasing it up to 130% for the stable inclusion of disadvantaged categories, including young people, people with disabilities and mothers with at least two children.
Clampdown on deductions: new limits and coefficients for 2025
The 2025 Budget introduces a review of tax deductions, with a maximum ceiling depending on income and family composition. Taxpayers with an income above 75 thousand euros will see their annual deductions reduced. For families with more than two children, the maximum will be 14 thousand euros, while for singles the limit drops to 7 thousand euros. Exceeding 100 thousand euros of income, the ceiling for families with more than two children stops at 8 thousand euros, while for those with no dependent children it drops to 4 thousand euros.
The deductions will also be modulated based on four coefficients: 0,50 for those without children, 0,70 for those with one child, 0,85 with two children and 1 for families with more than two children or at least one child with a disability.
Start-ups and innovative SMEs, discounts confirmed for expenses
The expenses for the Innovative SMEs and start-up remain outside from the calculation of the ceiling for the tax deductions. The list of protected expenses is expanding, including health expenses provided for by Article 15 of the Consolidated Law on Income Tax. Important news: all the benefits paid in installments over time will be counted only for the installment due on December 31st. For example, expenses for insurance premiums and renovations incurred in 2024 will follow this rule. In addition, the ceiling for education expenses increases from 800 to 1.000 euros.
Southern Bonus less generous
Return the Southern decontribution, but with one smaller discount: 25% (compared to 30% previously). From 2026, the benefit will drop to 20% and to 15% in 2029. The exemption concerns micro and small businesses (with a maximum of 250 workers) that employ permanent employees in Abruzzo, Molise, Campania, Basilicata, Sicily, Puglia, Calabria and Sardinia. The benefit is also extended to other private employers in the South, but subject to prior authorization from the EU, and on condition that an increase in permanent employment is demonstrated compared to the previous year, by December 31 of each year.
Transition 4.0 with roof and enhanced Bonus 5.0
Il Transition plan 4.0 undergoes some changes, including the introduction of a “tap” mechanism for limit access to tax credits, setting a ceiling of 2,2 billion. However, investments made in 2025 (with a deadline of 30 June 2026) will remain valid if "booked" with a down payment of at least 20% by the publication of the budget law. The Transition 5.0, with an increase in the rate up to 45% for investments between 2,5 and 10 million. Furthermore, it is Bonus enhanced for the purchase of photovoltaic panels. Instead, the extension of the deadline for the conclusion of investments is skipped, which remains set for December 31, 2025, without the extension to April 30, 2026.
Salaries and reimbursements for ministers: the law is coming
It took time, but it finally came. rule on ministers' salaries and undersecretaries immense MPs, which now only provides for the "right to reimbursement of travel expenses for the performance of their duties". The possibility of equating their compensation to that of elected ministers therefore disappears; instead, the so-called "anti-Renzi rule” also extended to members of the government, governors and parliamentarians, except those elected abroad. Starting next year, these individuals will not be able to accept compensation from outside the EU during their mandate, unless they have prior authorization and only if the amount does not exceed 1.000 euros. However, this restriction does not apply to members of the government.
Early retirement at 64 with the help of supplementary pension schemes
For fully contributory workers (i.e. those who started working after 1996), the possibility of retire early at 64, Thanks to the integration with supplementary pension provision. However, from January 1st, increases the number of years of contributions requested, which goes from 20 to 25, with a further increase to 30 years expected from 2030. However, the proposal for a new six-month period of silent consent to allow workers to transfer the severance pay from the company to supplementary pension provision. However, there is talk of including it in a future provision.
Read EVEN Budget, the Chamber gives the green light to the vote of confidence
Families: news for 2025. The New Birth Bonus is coming
In 2025, the sector families provides for some targeted measures. A bonus of a thousand euros for each child born o adopted from January, intended for families with ISEE up to 40 thousand euros, to support parenthood. The period of parental leave compensated at 80% has been extended to three months in total within the sixth year of the child's life. For children born from 2024 in families with an ISEE lower than 40 thousand euros, the daycare bonus has been increased to 3.600 euros, extending access to new beneficiaries. Furthermore, the bonus working mothers It has been extended to self-employed workers and temporary workers, providing for a contribution relief until the youngest child reaches the age of ten for mothers with two children, and until the age of eighteen for mothers with three or more children starting from 2027.
Furthermore, a Bonus for extracurricular activities of elementary and middle school children (6-14 years) in families with an ISEE of up to 15 thousand euros, with a “family dowry” fund of 30 million euros. Another 10,5 million euros, distributed over 3 years, will support formal and informal educational activities, while 1,5 million will go to the speakers.
Il bonus psychologist receives more funding, and a new fund for psychological support for students in schools is also arriving.
50% Home Bonus, But With a Crackdown on Boilers
Il bonus for home renovation andecobonus for energy requalification remain at 50% for first homes and 36% for second homes, until 2025. It disappears instead the possibility of obtaining concessions taxes for the purchase of boilers fossil fuel-based. The ban, which also concerns appliances such as condensing boilers, was implemented in the 2025 Budget Law, aligning with the EU directive on green homes.
For those who are in difficulties a to pay the rent due to unforeseen events (such as job loss), 10 million euros are foreseen for 2025 and 20 million for the following years to support innocent defaulters.
Appliance Bonus: Green Light for Energy Efficiency
One arrives new bonus for the replacement of the appliances obsolete with greener models: the contribution can reach up to 30% of the cost of the appliance, with a maximum of 100 euros per appliance, which increases to 200 if the ISEE is less than 25 thousand euros. 50 million have been allocated for this measure, until the funds run out.
Cryptocurrencies, tightening eases
The fiscal squeeze on cryptocurrency: the tax on capital gains and other income from Bitcoin and cryptocurrencies will remain at 26% in 2025, before rising to 33% in 2026. The rate was initially set at 42%, but an amendment approved by the Budget Committee reduced the impact, giving investors some breathing space.
Web tax only for big giants
La web tax come back, but only for the big of digital. With an approved amendment, the tax will be applied only to companies that generate revenues from digital services over 750 million euros the year, wherever they are made. In the initial version of the budget law, however, the extension of the web tax to SMEs was foreseen.
Flat tax for employees and pensioners: the threshold rises to 35 thousand euros
The entry threshold to the Flat Tax for Employees and Pensioners increases: from 30 thousand to 35 thousand euros. With the amendment approved by the government, those who earn up to 35 thousand euros per year will be able to benefit from the flat tax of 15% or 5% for those who start a new business.
Healthcare: 5% flat tax for nurses' overtime
Despite protests from the opposition, the sector Health does not receive all the resources requested in the Budget. The only new development from 2025 is the nurses' overtime will be taxed with a Flat Tax at 5%. This amendment, approved by the Budget Committee of the Chamber, provides that compensation for overtime work, according to the national collective agreement for the health sector, will be subject to a substitute tax of 5%, which replaces Irpef and regional and municipal surcharges. Funds are also allocated to raise awareness among women about ovarian reserve tests and for the prevention and monitoring of lung cancer.
Strait Bridge: another 1,4 billion. One billion more for the TAV
The project Bridge over the Strait of Messina sees its overall cost rise to just over 12 billion, with an increase of 3,882 billion from the Development and Cohesion Fund, compared to the 2,318 billion initially forecast. This lightens the burden on the state budget. Another 1,096 billion are allocated to Ferrovie for the financing of works envisaged by the PNRR, while 1,334 billion reinforces the Rfi program contract. Furthermore, 1 billion more goes to finance the Turin-Lyon train station, another 200 million are earmarked for trafficking Sybaris-Catanzaro, 708 million to water sector and 36 million for the Campolattaro Dam.
From 1 April, the municipal surcharge on boarding rights will increase by 0,5 euros per passenger on non-EU flights. In addition, 120 million will be allocated to increase the fund to support local public transport.
Cars: 400 million in two years
Il automotive sector receives 400 million euros in two years. This amount, destined for the Ministry of Business and Made in Italy, will be used in part to restore funds for the automotive sector, with an additional 200 million for 2026 and another 200 million for 2027. This intervention aims to remedy the cuts initially planned in the Budget.
Artisans and traders, 50% contributions for new businesses
To stimulate the birth of new craft and commercial activities and to combat the desertification of shops in cities, the maneuver includes a discount significant on contributions for those who decide to start a business. In the first three years of business, in fact, the minimum social security contribution will be reduced by 50%. This incentive applies for 36 months without interruption and concerns one of the two INPS managements. In addition, family collaborators who register for the autonomous management will also be able to benefit from it. The bonus complies with European rules on State aid, in particular those relating to de minimis.
Charges to dealers for cutting bills
News also for the concessions for the distribution of electricity. The concessionaires will have the possibility to present economic-financial plans which, once approved, will modify the duration of the concessions, with a elongation possible maximum 20 yearsThe increased revenues resulting from the charges borne by the concessionaires will be allocated as a priority to cutting bills for families and businesses.
Rai: targeted spending review
La Rai prepares for spending reviews, but with one clarification: it will not affect personnel costs. The review will instead focus on external consultancy, with the aim of reduce expenses by 2% by 2026 compared to the average of the three-year period 2021-2023, a percentage that will rise to 4% in 2027.
Turnover in Public Administration
In 2025, a partial block of the turnover in public administration, but with some exceptions: local authorities, law enforcement agencies, firefighters and university researchers will not be subject to the restriction.
Mandatory Mef auditors skipped, but with more controls
No more obligation to have the auditors of the Mef in the boards of auditors or supervisory bodies of entities that receive public funding. However, the maneuver introduces a tightening on controls: the existing control bodies will have to verify, for contributions exceeding 100 thousand euros, that these are used exclusively for the purposes for which they were granted. Every year they will have to draw up a report to be sent to the Ministry of Economy and Finance, to monitor the use of the funds.
Italy's 560 million euro housing plan
560 million euros are coming for the Italy House Plan, intended to combat housing hardship and enhance real estate assets. The plan provides resources distributed between 2028 and 2030, with a focus on sustainable building interventions and support for those experiencing housing hardship. The funds will be managed by the Ministry of Infrastructure, in collaboration with the Ministry of Economy, with monitoring plans to ensure the effectiveness of the interventions.
Sexual and affective education in schools
A fund from half a million euros is allocated to promote sex education courses e affective in the schools. Funds are also being increased for private schools that welcome students with disabilities, and a new fund is being created to combat food poverty, helping families who are unable to pay for canteens in primary schools. The fund for accommodation for out-of-town university students, with the addition of $2 million for student-athlete scholarships.
Tourism: More tax relief for tips and discounts on holidays
In sector tourist, an increase in the tax exemption on tips, which goes from 25% to 30% for bar and restaurant employees, with the income limit rising from 50 thousand to 75 thousand euros. Green light also for decontribution for work during the excluding holidays. and night hours.
Publishing Funds Rise From 20 to 50 Million
To support the publishing sector, Single fund for pluralism and digital innovation grows by 50 million euro for 2025. This increase is intended to support information and pluralism, in the face of increased production costs. In addition, the contract between the Ministry of Economic Development and Centro di Produzione Spa for the radio service of parliamentary sessions is extended to 2025, with an authorized expenditure of 8 million euros.
