On paper it is a rather “prudent” budget law, but there are those who could gain something from it. Others however, according to the first estimates and analyzes of a text which is not yet definitive, speak of zero gains and losses.
In the first draft of the 2026 Budget, made up of 137 articles, there are issues dear to the Meloni government such as the cut in Irpef, but also a series of measures for the family and birth rate. The intent is to build a budget law for growth and businesses, but also with housing bonuses and a new scrappage. There are always those who lose and those who gain, but to what extent? Here are the data and (provisional) estimates in hand.
Irpef cut
Even if the text of the 2026 budget law is still a draft, we can be certain about one point: the cut in personal income tax. This is one of the measures most felt by the majority and also among the most awaited by citizens.
The Irpef cut is expected for the second band, the one from 35% to 33% up to 50,000 euros. Who will benefit? The National Foundation of Accountants responds, which according to the first simulations speaks of a modest benefit for lower incomes and more significant for medium-high incomes.
Example:
Those with an income of 30,000 euros gross per year (equal to approximately 1,700 net per month) will find themselves with only 3 euros of monthly tax cuts.
The audience is approximately 12.5 million people. But, as the Minister of Economy Giancarlo Giorgetti explained, the intervention will also affect higher incomes: “Above 200,000 euros there will be the sterilization of the Irpef cut”. This means that all taxpayers with incomes between 50,000 and 200,000 euros will be able to benefit from the reduction in the rate, but in a smaller proportion.
The simulations of the National Foundation of Accountants:
- for incomes up to 28,000 euros no change, because they fall into the first bracket;
- for incomes between 28,000 and 50,000 euros the average benefit ranges from 20 to 440 euros per year;
- for incomes between 50,000 and 200,000 euros the maximum saving will be around 440 euros per year, equal to 36.7 euros per month.
Salary news
Lots of news on salaries too. In fact, for 2026 there will be a tax exemption for overtime, holidays and night work for employees with incomes up to 40,000 euros. A flat tax of 15% will be applied, which replaces the Irpef and also the regional and municipal surcharges.
Furthermore, the 2026 Budget also provides for a maximum ceiling of 1,500 euros for the tax discount and an increase from 8 to 10 euros in the tax-free threshold for meal vouchers.
Pensions: increases and retirement age
Few people will earn money on pensions. There are new features, but they are rather limited, such as the increase in minimum rates. In this case, the beneficiaries will be those in disadvantaged conditions, with low pensions and over 70s, who will see their pension allowance increase by 20 euros per month.
A compromise was then reached on increasing the retirement age by three months, which will be spread over three years. Workers engaged in demanding or demanding tasks are excluded.
Scrapping quinquies
Wanted, expected and now confirmed: the new amnesty of tax bills arrives. This will allow you to settle debts with the tax authorities, but with more stringent access requirements and rules.
The period concerned is between 1 January 2020 and 31 December 2023. Payment times will be 9 years, with 54 bimonthly instalments.
Measures for families
Among the measures for families, the range of beneficiaries is quite broad. In fact, the threshold for excluding a first home from the ISEE for access to welfare benefits, such as the inclusion allowance and support for training and work, rises to 91,500 euros.
The benefits for home renovation have also been extended throughout 2026, including the furniture and large appliance bonus. The draft also includes a 20 million fund for the home of separated parents.
The age of children for which parental leave is permitted rises to 14. A new fund for the “dedicated card” is also planned, increased by 500 million, and the Value Card for new graduates will arrive from 2027.
