Bonus bills of 600 euros for workers: who it is and how it works.
Introduced with the Aid bis decree, published in Official Journal on 21 September last, the contribution of 600 euros provides for the possibility for Italian companies to contribute to the expenses of their employees to counter the effects of the dear bills. The Aid bis decree, in fact, includes among the measures the modification to the income non-competition threshold of fringe benefitwhich comes raised for 2022 to 600 euros. Employment consultants underline this in an in-depth publication entitled «The bill bonus and the new threshold for the fringe benefits of 2022»Of the Labor Consultant Studies Foundation. The art. 12, c. 1 of Legislative Decree no. 115/2022 establishes, in fact, that “Limited to the tax period 2022, notwithstanding the provisions of article 51, paragraph 3, of the consolidated income tax law, referred to in the decree of the President of the Republic of 22 December 1986, n. 917, the value of the goods sold and the services provided to employees as well as the sums paid or reimbursed to them by the employers for the payment of domestic users of the integrated water service, electricity and natural gas do not contribute to forming income. within the overall limit of € 600 “.
The in-depth publication analyzes the articles of the regulation by looking at the specificity of the innovations applicable in the current year, considering the further peculiarity of the petrol bonuses already introduced by Legislative Decree no. 21/2022. The document also provides useful information for employers to manage the various income non-competition thresholds in effect for 2022, noting the consequences for tax and social security purposes.
What are fringe benefits
Fringe benefits can be defined as “compensation in kind” because they are not paid in the form of money, but as goods and services that are in any case “visible” in the paycheck. Benefits which, moreover, as emerges from the Edenred Welfare Observatory 2022, are increasingly appreciated: in 2021 they represented a substantial slice of welfare consumption, as much as 34%. Furthermore, the novelty introduced by the Aid-bis Decree, which entered into force on 10 August 2022, has placed even more attention on fringe benefits: the tax-free threshold for employees has increased from 258.23 euros to 600 euros for the year. tax 2022.
What is the Bill Bonus. Who is it and how does it work?
It is sEms paid or reimbursed by the company to the worker for the payment of household utilities (electricity, water and gas). Sums therefore excluded from employment income for Irpef purposes as well as from the contributory property base, within the overall limit of 600 euros. Notwithstanding the general discipline, companies can also provide benefits over 600 euros in the tax year 2022. However, the excess will be subject to taxation.
How the delivery works
There are two possible ways of disbursing the bill bonus, as specified in an in-depth analysis by the Foundation for Labor Consultants: “Paragraph 1 of article 12, in particular, allows both the direct disbursement of the sums to the supplier of the administration of the service (obviously more complex hypothesis as the fees of the utilities are normally charged directly to the owner of the same), and the reimbursement of expenses incurred directly by the workers themselves, subject to documentation of having borne the cost “. So either direct payment or payroll reimbursement.
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Bonus bills of 600 euros for workers: who is eligible and how it works
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