The Equivalent Economic Situation Indicator (ISEE) is a fundamental tool for accessing subsidized social benefits, subsidies and bonuses. This indicator provides an assessment of the economic condition of families, based on income, wealth and an equivalence scale that takes into account the number and characteristics of the members of the family unit. Let’s see in detail how the ISEE works in 2024, what documents are needed to obtain it and what new features have been introduced
.
What is the ISEE?
The ISEE is a parameter that allows us to evaluate the economic situation of a family unit and is used to determine the right to access various benefits and social benefits. Introduced for the first time in 1998, the ISEE has been updated and improved over the years, with the latest changes dating back to the 2024 Budget Law
.
The ISEE takes into account various economic elements such as income, movable assets and real estate, in addition to considering the family composition.
What is ISEE 2024 for?
The ISEE is used to access subsidized social benefits, such as the kindergarten bonus, the inclusion allowance and many other benefits. Access to these services is linked to the possession of economic requirements, determined precisely through the ISEE
.
The calculation of the ISEE serves to fairly establish the participation in the cost of social, health and welfare services, or to obtain tax benefits and concessions in the payment of tariffs.
News 2024
Among the changes introduced with the 2024 Budget Law are:
1. Preventive agreement: For VAT holders participating in the preventive arrangement, the agreed income will be relevant only for taxes, while concessions and bonuses will be
based on actual income.
2. Exclusion of financial investments: Investments in government bonds and financial products of up to 50,000 euros are excluded from the calculation of
the ISEE.
When is the ISEE done?
The ISEE can be requested starting from January 1, 2024 and is valid until December 31 of the same year. The request can be made at any time of the year, and if there are significant economic changes, you can also request the current ISEE, which updates income and financial data more frequently
.
Deadline
Each ISEE expires on December 31 of the year of issue, which means that those who request it in 2024 will have to renew it again for 2025 if they want to continue taking advantage of the benefits.
Required Documents for ISEE 2024
To obtain the ISEE, it is necessary to submit a series of documents that attest to the economic and financial situation of the family unit. Here are the main ones:
• Tax code and identity document of all members of the family unit.
• Rental agreement (if applicable) and copy of the last rent paid.
• Income received in the year 2022 (for ISEE 2024), such as the 730 or Single Model, and the CUD Model.
• Average annual stock of current accounts and deposits as of December 31, 2023.
• Asset documents: cadastral certificates for real estate, current account certificates, savings books, financial investments.
• Disability certificates, if one or more members of the nucleus are disabled, and related expenses incurred for assistance or hospitalization.
What Income Should You Report?
The income to be reported for the ISEE includes:
• Income from work (employee or self-employed).
• Pensions and benefits.
• Real estate income, such as rent and cadastral value of real estate.
• Capital income, such as interest on bank accounts and financial investments.
• Maintenance checks.
Some incomes are excluded from the calculation, such as occasional benefits or free welfare benefits.
Types of ISEE
There are different types of ISEE, each specific for certain needs:
1. Ordinary ISEE: Used for most social benefits
.
2. ISEE University: To access benefits related to the right to study
.
3. ISEE Socio-health: For healthcare services, including
residential services.
4. Current ISEE: Used in case of significant economic changes compared to the ordinary situation
.
5. ISEE Minors with non-cohabiting parents: Specific for families
with separated parents.
How to Apply for the ISEE 2024
The ISEE can be requested directly online through the INPS portal, using the SPID, the Electronic Identity Card (CIE) or the National Service Card (CNS). Alternatively, you can contact the Trustees who offer assistance in filling out the Single Replacement Declaration (DSU), necessary
to obtain the ISEE.
How is the ISEE calculated
The calculation of the ISEE takes into account the sum of the household’s income and 20% of the real estate and movable assets. The total is then divided by the parameter of the equivalence scale, which varies according to the number of members of the family unit and any other increases, such as the presence of minor children or disabled people
.
Equivalence Scale
The equivalence scale applies a coefficient that varies depending on the number of people in the family unit:
•1 person: 1.00
•2 people: 1,57
•3 people: 2.04
•4 people: 2.46
•5 people: 2.85
There are increases in the case of large families, disabled people or with young children.
Concessions related to ISEE 2024
Among the main benefits accessible through the ISEE are:
•Social bonus bills
•Single allowance for children
•Kindergarten bonus
•Subsidies for large or low-income families
What to Do in Case of Omissions or Differences
If there are omissions or discrepancies in the ISEE certificate, it is possible to:
•Submit a new, correct DSU.
•Ask the CAF for a correction, if the error was made by the service center.
The ISEE is a crucial tool for accessing numerous benefits and benefits in Italy. With the new simplified procedure introduced in 2024 and the recent legislative changes, it is important to request the ISEE promptly and with the correct documents to make the most of the advantages available
.