With Resolution No. 54/E dated November 13, 2024, the Revenue Agency has introduced the tax codes necessary for tax substitutes, such as employers, to manage the compensation credit related to the Christmas Bonus. This one-time allowance was established by decree-law 113/2024, Article 2-bis, and translates into financial support of 100 euros for 2024, aimed at employees who find themselves in specific economic and family situations.
Method of Disbursement of the Allowance
As clarified by the Revenue Agency through the FiscoOggi portal, tax substitutes must disburse the allowance together with the thirteenth monthly salary to those workers who request it. Following the disbursement of the allowance in the paycheck, employers can recover the amounts through a tax credit. This credit can be utilized for compensation starting from the day after the disbursement.
Filling Out the F24 EP Form
Regarding the completion of the F24 EP form, it is important to follow some specific guidelines. The tax code “174E” must be entered in the “Erario” section (value F) corresponding to the amounts credited for compensation. If it is necessary to return the credit, the same code should appear in the column dedicated to “amounts due paid.” Additionally, in the “reference B” field, the year of the bonus disbursement should be indicated using the format “YYYY.”
Recent Regulatory Changes
Another aspect to consider is that decree-law 167/2024 has made changes to the conditions necessary to obtain the bonus, thereby expanding the pool of beneficiaries. This regulatory evolution represents a significant step towards more inclusive support for families and workers facing economic difficulties.
Italian Version
