Italy's 2025 budget maneuver includes several significant reforms that aim to reshape the financial landscape for individuals and businesses.

Capital Gains Tax on Cryptocurrencies

One notable change is the increase in the capital gains tax on cryptocurrencies, which will rise from 26% to 42%. This reflects a broader trend of tightening regulations on digital assets.

Web Tax for Digital Services

The maneuver also extends the web tax to all businesses earning income from digital services, imposing a 3% tax on their revenues.

Taxes for Company Cars

Additionally, there will be a substantial increase in taxes for company cars. Monthly taxes for gasoline and diesel cars will double from €100 to €200. The taxable amount coefficient will also be revised, increasing for traditional fuel vehicles and decreasing for electric and hybrid cars.

Healthcare Funding

In terms of healthcare funding, the budget allocates significant funding, but falls short of addressing the need for new hires in the healthcare sector.

Social Welfare

On the social welfare front, the budget introduces a one-off baby bonus of €1,000 for newborns in 2025 and 2026, and also includes an increase in parental leave benefits.

Public Sector Salaries and Spending Cuts

The budget imposes a cap on public sector salaries and outlines spending cuts.

Education

In education, there will be a reduction in teaching and administrative positions, raising concerns about the quality of education.

Tax Wedge Cuts and Incentives for Businesses

The budget extends tax wedge cuts for salaries up to €40,000 gross and offers tax breaks and credits for businesses that hire young people, women, and operate in southern Italy. These measures aim to stimulate consumer spending, support the middle class, and promote employment and economic growth.