There Budget law 2025 has introduced gods Limits to deductible expenses for i income over 75 thousand euros. The May 29th a Circular of the Revenue Agency provided the Operational instructions to the offices on Limits to the use of tax deductions; Deduations for school attendance; Deduations for maintaining guide dogs. Below are the Main news.
For subjects with total income of more than 75,000 eurossome are introduced Limits for the use of deductions from the income tax, through a calculation mechanism based on two parameters: the total income of the taxpayer; The number of fiscally dependent children. The rule, in essence, provides for a progressive reductionas the income increases, ofmaximum amount of charges and deductible expensesaccompanied by greater protection for numerous families or with children with ascertained disabilities.
The charges and expenses for which a deduction from gross taxboth from Consolidated income tax textboth from other regulatory provisions, are deducted up to a certain amountcalculated based on overall income and al number of children fiscally dependent.
A example provided by the circular. A taxpayer who has the spouse and two children are fiscally dependentwith a overall income in the year 2025 equal to 80,000 eurosand who supported deductible charges and expenses equal to 15,000 eurosdivided as follows: expenses for building renovation of the main home equal to 90,000 euros; Education expenses other than university ones for children equal to 2,000 euros; Liberal cash disbursement in favor of political parties equal to 4,000 euros. In a situation of this type themaximum amount of charges and deductible expenses is equal to 11,900 euros.
Other tightalways based on regulations introduced in the last maneuverhas also arrived for taxpayers with a total income of more than 50 thousand eurosto which one is applied flat rate reduction Of 260 euros on deductions due for charges deductible at 19%with theexclusion of healthcare costs, liberal disbursements in favor of political parties And insurance premiums related to risks from calamitous events.
This measure aims to ‘Stopparè the possible tax advantage tied tomerged with the first two Irpef bracketssince he would benefit from the lower pressure also a part of the taxpayers with income superior to the new first scaglione.