The Italian government led by Prime Minister Giorgia Meloni has approved the budget plan for 2027. The proposal envisages a reduction in the tax burden for self-employed persons and middle-income households, while at the same time increasing contributions for banks, insurance companies, energy companies and the gambling industry. Spiegel.de ↗
The tax bracket subject to the 33-percent income tax rate is to be expanded from an income of 50,000 to 55,000 euros per year. The expected monthly savings for taxpayers range, depending on income level, from approximately eight to 41 euros. La Repubblica ↗
The proposal also includes a special bonus for workers under 30 years of age. The bonus of 2,500 euros is to be taxed at a one-percent rate, and employees will be able to receive it either gradually in 12 monthly installments or all at once. ANSA ↗
Meloni called on her coalition partners not to make mistakes during the parliamentary approval process. Tension continues to persist within the coalition over tax measures and the contribution of financial institutions. The prime minister stated that the government's goal is to align public finances with the commitments made. La Repubblica ↗
Rome is also continuing negotiations with Brussels on budgetary flexibility and support for families. Further progress will depend on the European Union's assessment and on the parliamentary debate on individual tax measures.
Italian government approves budget plan, awaits Brussels
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (5)
Haushaltsplan 2027: Italien plant Steuersenkungen und höhere Bankenabgaben
Spiegel.de
| 23:46 28.10.
In manovra premio per i lavoratori under30, 2.500 euro tassati all'1%
ANSA
| 20:18 28.10.
“Rispettati gli impegni”. Meloni chiude la manovra, resta lo scontro sull’Irpef
La Repubblica
| 01:00 28.10.
Manovra e mancette elettorali: “le termiti” che erodono il bilancio dello Stato
La Repubblica
| 00:00 28.10.
Vertice con i partiti sulla manovra, Meloni: “Non mi sfiancate”. Dubbi della Ue sull’energia
La Repubblica
| 01:00 27.10.
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