Up to €3,000 bonus for employees with dependent children


By John

Bonus for dependent children: the instructions are readyRevenue Agency for employers who intend to provide their employees with sums or reimbursements as benefits. A recent circular provides clarifications on the new discipline of corporate welfare, following the innovations introduced by the labor decree which raised for 2023 up to 3 thousand euros (instead of the ordinary 258.23 euros) the limit within which it is possible to recognize tax-exempt goods and services to employees.

Limit that rises to 4,000 euros for children up to 24 years of age. The same decree also included among the bonuses that do not contribute to the formation of employee income also the sums paid or reimbursed to workers for the payment of electricity, water and gas domestic utilities.

For employees with fiscally dependent children, therefore, they are exempt from Irpef, as well as the substitute tax on productivity bonuses, benefits of up to 3 thousand euros received from the employer. The subsidy also includes sums paid or reimbursed for the payment of domestic utilities for the integrated water service, electricity and natural gas.

The discount applies in full to each parentholder of income from employment and/or similar, even in the presence of only one child, provided that the same is fiscally dependent on both, and remembers that, according to the tax authorities, children with income not exceeding 2,840 are considered dependent .51 euros (gross of deductible charges).

Since the benefit is due for 2023, this income limit – which rises precisely to 4 thousand euros for children up to 24 years of age – must be verified as of December 31 of this year. It is also clarified that the new relief is up to both parents even if they agree to attribute the deduction for dependent children in full to the parent who, of the two, has the higher income. To access the benefit, the worker must declare to his employer that he is entitled to it, indicating the tax code of the only dependent child or children. Since there is no specific form for this declaration, it can be made according to methods agreed between the two parties.