Maneuvering tax deductions 2025: new ceilings for singles and families

2024-10-23 09:44:00

MILAN – The reorganization of tax deductions is again changed. In the final text signed by the President of the Republic Sergio Mattarella the executive confirms the introduction of new limits for deductible charges, but in a less strict formulation compared to the rumors circulating in the last few days.

The new roofs

The new rule lays down new rules for income over 75 thousand euros. In this case, a maximum of 7,000 euros can be deducted in the case of a single person, 9,800 euros with one child and 11,900 euros in the case of two children. In case of income over 100 thousand euros the threshold changes to 4000 euros, 5600 euros and 6800 euros respectively. In the case of more than two children or a disabled child, the maximum rises to 14,000 for income between 75 thousand and 100 thousand and 8,000 euros over 100 thousand euros.

The new thresholds are the result of the new mechanism that provides, for calculation, a maximum ceiling for the two different income brackets between income brackets (14 thousand over 75 thousand euros, 8 thousand over 100 thousand) equal to 14 thousand and 8000 euros and coefficient. in correspondence with the number of children (0.5 for families without children, 0.70, if there is one child in the family, 0.85, if there are two children in the family, 1 if there are more than two children or at least one child with a disability).

Excluding health care costs

The text then states that “Health care opportunities are excluded from the calculation of the total amount of charges and costs” made for the purposes of applying the limit referred to in paragraph 1.

Except for past expenses for mortgages and renovations

The rule then saves some, but not all, of the deductions accrued in recent years in relation to previous interventions: on all the expenses of interest paid on mortgages and those for energy renovation and requalification interventions.

Existing roofs

The ceilings in place before the maneuver remain unaffected. The deductions are gradually reduced from 120 thousand euros, until they are completely abolished from 240 thousand euros.

#Maneuvering #tax #deductions #ceilings #singles #families

You may also like

Leave a Comment