Budget Law: with relief for 980 hires in 3 years

The tax relief for new hires, made more 'attractive' by the 2018 Budget Law, could generate 380 new permanent hires of young people up to the age of 35 in 2018 and 300 young people under the age of 30 for each of the following years. This is foreseen in the technical report to the latest draft of the Maneuver which indicates an average contribution exemption of 2.430 euros in 2018, calculated considering that around 69% of the hires in 2016 are below the maximum limit of 3.250 euros on an annual basis, presenting an average exemption of around 2.060 euros, while the remaining 31% will have a relief of 3.250 euros; for the following years an average relief of 2.390 euros, while the remaining 28% will have a relief of 3.250 euros.