Table of Contents:
Introduction to the tax changes of the 730/2025 model
With the approval of the draft of the 730/2025 model, the Revenue Agency introduced important changes for Italian taxpayers. These changes, the result of the Compliance Decree (Legislative Decree no. 1/2024), aim to simplify and make the tax return more accessible for employees and retirees. In 2024, the Agency managed more than 25 million 730 models, highlighting a growing interest in the simplified sending method
.
New personal income tax frameworks and rates
One of the main innovations of the 730/2025 model is the introduction of two new frameworks: the M framework, dedicated to income subject to separate taxation and substitute tax, and the T framework, for financial capital gains. These additions expand the audience of taxpayers who can use the 730 model, surpassing the traditional category of employees and retirees. In addition, the tax reform provides for a significant reduction in personal income tax rates, which will go from four to three, with new income brackets. For incomes of up to 28 thousand euros, the rate will be 23%, while for those between 28 thousand and 50 thousand euros it will rise to 35%. Incomes over 50 thousand euros will be subject to a maximum rate
of 43%.
Tax breaks and deductions
The 730/2025 model also introduces a new concessional regime for Sunday and agricultural incomes, which will be considered jointly for the formation of total income. The rules relating to expatriate workers and deductions for security and defense personnel have been updated, making taxation more favorable for these categories. In addition, with regard to short rentals, the income generated will be subject to a replacement tax at a rate of 26%, reduced to 21% for a single real estate unit. Among the new features, the ‘thirteenth bonus’ stands out, an allowance of 100 euros for employees who meet certain
economic and family conditions.
Updated deductions and filing deadlines
The draft of the 730/2025 model includes updates on tax deductions, such as the Superbonus and the Sismabonus, which will be divided into 10 annual installments. For the furniture bonus, the maximum spending limit is set at 5 thousand euros for the year 2024. It is important to note that the deadlines and methods for submitting the tax return remain unchanged. Taxpayers must submit their return within the established deadlines, thus ensuring correct and timely tax management
.
