Town Council. The increase in the exemption threshold for the additional IRPEF has been approved

Town Council. The increase in the exemption threshold for the additional IRPEF has been approved

Milan, September 28 2020 – With 25 votes in favor and 2 abstentions, the City Council approved for the year 2020 the increase in the exemption threshold for personal income tax, municipal additional IRPEF.

With the vote of the House, the exemption threshold for the additional IRPEF goes from 21 thousand to 23 thousand euros of annual income. A measure that will concern around 50 thousand taxpayers and which for the Administration has the objective of supporting lower incomes especially during the period of the emergency linked to Covid-19, keeping the budget balance unchanged. 

Updated: 28/09/2020