Overview

• Italy’s deputy premier Antonio Tajani proposed considering tax relief on the tredicesima at an Assolombarda forum in Milan, presenting it as part of the upcoming budget.
• An exemption would target subordinate employees only, potentially affecting about 19 million workers and excluding the self‑employed and VAT‑registered professionals.
• Today the year‑end bonus is taxed under ordinary IRPEF brackets of 23% up to €28,000, 35% from €28,001 to €50,000, and 43% above €50,000.
• Media estimates suggest the current taxation of tredicesime yields more than €14 billion in revenue, implying a sizable budget impact if the levy were reduced or removed.
• Tajani linked the idea to broader detaxation of overtime, holiday work and productivity bonuses, while separate discussions continue on cutting the 35% IRPEF bracket to 33% and the economy minister stresses prudence on funding.