PUBLISHED BY Arlati Ghislandi
Productivity bonuses - operational instructions by Labor Consultants

Labor Consultants provided operational clarifications for the application of lower tax rates on bonuses for 2016.

Unlike in the past, the facilitation is applied only on salary paid as “bonus” and not upon other sums connected with the management of the employment relationship and tied to productivity, such as overtime.

For the calculation of the income threshold set by regulations for the fruition of facilitated tax rates, the entire income declared in the previous year and subject to ordinary taxation must be considered; for the definition of said amount, work-related income made subject to separate taxation or other kinds of alternative taxation are not to be considered.