A billion from the cut in tax discounts, those obtained with the tax return. This is the intention of the government, which is studying a mechanism that would reward large families with low incomes. Singles, couples without children and those with higher incomes would lose out. The wide range of reimbursements are in the spotlight: from those for medicines to interest on mortgages, passing through home renovation costs
Single and with a good salary. This is the main suspect: with the new measure, those who find themselves in this situation from next year risk having fewer tax discounts and, therefore, in practice would end up paying more taxes.
The scissors cut is worth a billion
The prospect of a greater burden on some types of taxpayers concerns deductions, which Palazzo Chigi wants to cut to obtain around a billion. Let’s talk about the refunds that are obtained with the tax return, a thick jungle that includes very popular categories: from medicine expenses to interest on a home loan, through to the renovation of the main home.
New system under study
The system still needs to be developed but the logic is this. Those with a large family and a low income would be rewarded, so in these cases there should be more money in their pockets. However, those who have few – or no – dependent children (or other family members) and have higher salaries would lose out.
Income and number of children will be taken into account
The operation should work like this: thresholds would be set on earnings beyond which the state reimbursements for expenses would be reduced. So, for example, if you spent 8 thousand euros for medical visits and medicines, those who live alone would get back half of what a family with three children would get.
Nothing changes about the past
In practice, deductions would no longer be the same for everyone. This new mechanism would concern the expenses that will be incurred starting from 2025 (and to be paid with the 2026 declaration). Nothing would change for old expenses: those who – for example – renovated the apartment years ago would continue to receive the same reimbursements.
