The European Commission has extended the applicability of the contribution relief for Southern Italy until 30 June 2024.
The measure involves a 30% reduction in social security contributions (excluding INAIL premiums and contributions) for private employers based in Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia and Sicily.
For 2024, the ceiling for the maximum amount payable has been increased:
- €335 thousand for companies active in the fisheries and aquaculture sectors
- €2.25 million for all other companies eligible for the existing aid scheme.
On the basis of the above-mentioned authorisation, the benefits in question can be applied until the month of June 2024, specifying that the relief applies not only to new hires but to all existing relationships during relief period.
However, the contribution relief in question cannot be applied to the sectors of primary production of agricultural products, domestic work and the financial sector.
Finally, the social security institute (INPS) has pointed out that the instructions relating to the exemption from contributions for the period from 1 July 2024 to 31 December 2029 will be issued at the end of the procedure for obtaining further authorisations from the European Commission.
