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Italy Today

Italian news in English

Sunday, January 5, 2025

Italy's Budget Plan Targets Growth

Published: 2024-12-15

Italy's government has proposed a new budget plan with measures to boost businesses and support families.

Key highlights include a 4% corporate tax cut for companies that invest and hire, along with simplified incentives under the "Transition 5.0" program.

Families may benefit from a new appliance bonus, covering up to 30% of costs for energy-efficient replacements.

Healthcare workers will see reduced taxes on overtime, and scholarships will be introduced for non-medical health specialists.

The plan also includes increased funding for Southern Italy's economic zones and a revised web tax for large digital firms.

These measures aim to stimulate growth despite limited resources.