600 euro bill bonus for workers: who is entitled to it and how it works.
Introduced with the Aiuti bis decree, published in Official journal last September 21, 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 Aiuti bis decree, in fact, includes among the measures the modification of the income non-competition threshold of marginal benefitthat comes raised for 2022 to 600 euros. The labor consultants underline this in an in-depth publication entitled «The bill bonus and the new threshold for fringe benefits for 2022» of the Foundation for Labor Consultant Studies. The art. 12, ch. 1 of Legislative Decree no. 115/2022 establishes, in fact, that «Limited to the 2022 tax period, by way of derogation from the provisions of article 51, paragraph 3, of the consolidated income tax text, referred to in the decree of the President of the Republic of 22 December 1986, no. 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 utilities of the integrated water service, electricity and natural gas do not contribute to forming income within the total limit of 600 euros”.
The in-depth publication analyzes the structure 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 Decree Law no. 21/2022. The document also provides useful indications for the management by employers of the various active income non-competition thresholds for 2022, noting the consequences for tax and social security contributions.
What are fringe benefits
Fringe benefits can be defined as “compensation in kind” because they are not disbursed in the form of money, but as goods and services that are still “visible” within the pay slip. Benefits which, moreover, as emerges from Edenred’s 2022 Welfare Observatory, are increasingly appreciated: in 2021 they in fact represented a large portion of welfare consumption, as much as 34%. Furthermore, the innovation introduced by the Aiuti-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 gone from 258.23 euros to 600 euros for the year fiscal 2022.
What is the bill bonus? Who is it for and how does it work?
It is about sAmounts disbursed or reimbursed by the company to the worker for the payment of domestic utilities (electricity, water and gas). Therefore sums excluded from employee income for Irpef purposes as well as from the property contribution base, within the overall limit of 600 euros. Notwithstanding the general regulation, companies can also provide benefits exceeding 600 euros in the 2022 tax year. However, the excess will be subject to taxation.
How delivery works
There are two possible ways of disbursing the bill bonus, as specified in an in-depth analysis by the Fondazione Studi dei Consulenti del Lavoro: «Paragraph 1 of article 12, in particular, allows both the direct disbursement of the sums to the supplier of the administration of the service (evidently a more complex hypothesis since the utility fees are normally charged directly to the owner of the same), and the reimbursement of expenses directly incurred by the workers themselves, subject to documentation of having incurred the cost”. So either direct disbursement or payroll reimbursement.
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