The Agency, with today’s resolution, n. 54 of 13 November 2024 (shown below)has established the tax codes to allow withholding agents to use as compensation the credit resulting from the provision of the allowance of an amount equal to 100 euros, related to the period of work, in favor of employees who find themselves in particular conditions , together with the thirteenth month’s salary, to workers who request itcd. Bonus Christmas. The sums can be recovered from the substitutes starting from the day following the disbursement of the allowance in the pay slip. Below is the text of the resolution.
The text of Revenue Agency resolution no. 54 of 13 November 2024with subject: COLLECTION – INCOME FROM EMPLOYMENT – Bonus Christmas – Provisions regarding benefits paid to employees with a total income not exceeding 28,000 euros in the 2024 tax year – Tax codes for use in compensation by tax withholding agents, via forms F24 and F24 “Public bodiesi” (F24 EP), of the credit accrued as a result of the disbursement of the bonus referred to in article 2-bis DL 08/09/2024, n. 113, conv. with mod., by Law 7/10/2024, n. 143.
Article 2-bis of the legislative decree of 9 August 2024, n. 113, converted, with amendments, by law 7 October 2024, n. 143, recognizes for the year 2024 an allowance of an amount equal to 100 euros, in relation to the period of work, in favor of employees who find themselves in the particular economic and family conditions indicated therein.
Paragraph 4 of the aforementioned article 2-bis of the legislative decree no. 113 of 2024 provides that withholding agents recognize the allowance together with the thirteenth month’s salary to workers who request it.
The sums paid are recovered by the withholding agents in the form of a credit to be used in compensation, pursuant to article 17 of the legislative decree of 9 July 1997, n. 241, starting from the day following the disbursement of the allowance in the pay slip.
Having said this, to allow withholding agents to use the aforementioned credit as compensation, the following tax codes have been established to be used in the F24 and F24 forms “Public bodies” (F24 EP).
For the F24 model:
- “1703” named “Credit accrued by tax withholding agents for the provision of the bonus to employees – article 2-bis of the decree-law of 9 August 2024, n. 113”.
When completing the F24 form, the tax code “1703” is exposed in the section “Treasury” corresponding to the sums indicated in the column “credit amounts offset“, or, in cases where the withholding agent must proceed with the repayment of the credit, in the column “debit amounts paid”. In the field “reference year” the year in which the disbursement took place is indicated bonusin the format “AAAA”.
For the model F24 “Public bodies” (F24 EP):
- “174E” named “Credit accrued by tax withholding agents for the provision of the bonus to employees – article 2-bis of the decree-law of 9 August 2024, n. 113”.
When completing the F24 EP form, the tax code “174E” is exposed in the section “Treasury” (value F), corresponding to the sums indicated in the “credit amounts offset“, or, in cases where the withholding agent must proceed with the repayment of the credit, in the column “debit amounts paid”. In the field “reference B” the year in which the disbursement took place is indicated bonusin the format “AAAA”.
Link to the text of the Revenue Agency circular no. 19 of 10 October 2024with subject: INCOME FROM EMPLOYMENT – Bonus Natale – Provisions regarding benefits paid to employees with a total income not exceeding 28,000 euros in the 2024 tax year – Indemnity of an amount equal to 100 euros for employees in the presence of certain conditions – Art. 2-bis of Legislative Decree 9/08/2024, n. 113, converted, with mod., by Law 7/10/2024, n. 143, cd. I decree to all
