The delegation for the tax reform is only in the early stages, but the tax system promises to change in a structural way immediately. The first reform when fully operational is the one written in the implementing decree of the family act which will introduce the single universal allowance for children from 1 January next. The provision, which the Ministry for the Family led by Elena Bonetti (Iv) worked on together with the Ministry of Economy, is ready for the Council of Ministers, where it should arrive next week or the following one at the latest. The rest of the time is tight, because the text will have to go to the parliamentary committees competent for the matter and to the Unified Conference, which will have 30 days to give the green light.
Monthly allowance up to 180 euros for each child
Work on the decree has been underway for several weeks. And the picture, net of possible last-minute adjustments, is defined. The system provides for a monthly allowance of up to 180 euros per minor child, with additional aid of 80-90 euros from the third child onwards. The full figure will obviously be assigned to families with the lowest ISEE (the counts point to a threshold of around 9 thousand euros), but the decalage drawn by technical calculations will be soft as income and assets grow. Up to a universal queue that should recognize 40-50 euros per month from a certain Isee threshold upwards.
How much does the check cost and where does the money come from
The expenditure for the new universal allowance will be close to 19 billion euros per year. Of these, 6 billion are additional, and come from the Tax Reform Fund established by the last budget law. To this base are added just over 6 billion that the current system allocates to personal income tax deductions for dependent children. The abundant 5 billion now absorbed by the allowances to the family unit, always linked to the presence of children, provided by the INPS will also flow into the new instrument. The basket is then completed with approximately 370 million for additional allowances reserved for larger families, 400 million with which up to this year the baby bonuses have been financed and a billion of residuals still left parked in the Fund for the 2020 maneuver. .
The guiding principle of the new instrument, partially anticipated this year by the bridging check that has just seen the mini-extension on October 30 to present applications and not lose the arrears from 1 July to the self-employed, is clear: to give a single, universal lever. and structural to fiscal support for families. However, the architecture to put this goal into practice is complex. Because in addition to bringing together and strengthening the various aids scattered throughout the tax system and welfare, it must reconstruct a coherent support curve.
The system on which the latest filings are being studied is based on a few key moves: the 180 euros for each minor child would rise to 240-250 from the third born onwards, with a soft descent of these figures as the Isee level increases up to universal tail.