Budget Update 2024: Italy

Budget Update 2024: Italy

  • Country

    Italy

  • learning hour's

    1

  • Material Year

    2024

 

Who is this course for?

This course is aimed at those Payroll & HR Professionals who are processing or managing Vendors who process Payrolls in Italy and need to have an understanding of the legislative changes and updates for 2024. 

Course Trainers

  • Mario

    Consultant

    Mario is an accomplished HR Transformation Program Manager and qualified Labour Consultant with over 30 years of extensive experience in Payroll and Human Resources management. Currently serving as a Partner and Program Manager specializing in Digital HR transformation programs, he boasts a robust connection with his core competencies. Admitted to the National Professional Order by the Italian Ministry of Labour since 2000, Mario began his career in 1991 in the consulting sector, dedicating the first decade of his career to consultancy roles. Throughout his career, Mario has honed his expertise in HR compliance, payroll services, and the implementation of HR information systems for multinational companies. His proficiency in designing and improving HR processes positions him as a strategic consultant and program manager, leading HR transformation and payroll projects. With a deep understanding of end-to-end payroll processes, particularly for Italian payroll, Mario is passionate about sharing his knowledge and serves as a payroll trainer for GPA, a role he has upheld for over eight years. Mario's extensive background and commitment to excellence make him a valuable asset in the domain of HR transformation and payroll management, continually driving the success of the organizations he collaborates with. GPA Payroll consultant of the year @ GPA Awards 2021

What will be covered?

Budget Law Update 2024:

Many changes will impact the labour market in Italy starting in 2024.

We will verify together wether the Italian government’s target to put more money in the pockets of the country’s low- and medium-wage earners has actually been achieved or not.

Review of the most important changes impacting Italian payroll:

  • New income tax brackets
  • New fringe benefit thresholds of 1.000 and 2.000 euros
  • Productivity bonuses de-taxation 5%
  • Families:
    • Social contributions discounts for mothers of 2 or more children
    • Bonus for nursery schools
    • Optional parental leave additional month covered by 80% indemnity