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2018 Italy budget: financial measures

News & Data JIACC

The Italian government has announced the country’s financial measures for 2018

Source: The Florentine – 2018 sees the arrival of a permanent bonus for hiring people under age 30, which also applies to fixed contracts for those under 35. Also confirmed is the tax break of 50% of social security contributions with a threshold of 3,000 euro for three years, which drop to just one year if an apprenticeship contract is converted into a permanent employment contract. The bonus can be transferred regardless of age and increases to 100% if a company hires an individual following a “school-work” agreement

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