New IRPEF rates in force in 2024

Good morning everyone,

here are the new IRPEF rates for the current fiscal year, 2024, already operational.

Here is the table of the new rates that we take from the publication Norme e Tributi del Sole 24 Ore:

We compare the tax differences due to the new IRPEF rates for taxable incomes of, for example, €25,000, €50,000 and €100,000 with those previously in force.

New rates:

1. 23% for incomes up to €28,000;
2. 35% for incomes above €28,000 and up to €50,000;
3. 43% for incomes above €50,000.

Old rates:

1. Up to €15,000: portion of 23%
2. From €15,001 to €28,000: portion of 25%
3. From €28,001 to €50,000: portion of 35%
4. Over €50,000 to €75,000: portion of 43%

The taxes calculated with the new IRPEF rates for incomes of €25,000, €50,000 and €100,000, without considering any deductions due based on the individual position, are:

• For €25,000 5,750 euros
• For €50.000 14,140 euros.
• For €100,000, 35,640 euros.

The taxes with the old rates are:

• For €25,000 6,150 euros
• For €50.000 15,320 euros.
• For €100,000, 36,820 euros.

Let's see a comparison:

Analyses:

• For an income of €25.000, the application of the new rates results in a savings of €400 compared to the old rates.
• For an income of €50.000, a savings of €1,180 with the new rates.
• For an income of €100.000, we also observe in this case a savings of €1,180 with the new rates.