Tax benefit examples arising from Prevedi membership

Here are some tax benefit examples arising from Prevedi membership, referred to a full-time 12 months job.

The annual incomes are merely hypothetic, and don’t consider returns on portfolio investments that, in addition to the contributions paid by members and employers, contribute to increase the individual accounts.

For further information about the investment solutions offered by Prevedi, as well as the past returns on portfolios, just see Asset Management.

Example 1

Example of a 3rd grade worker with a € 20,000 (gross) yearly income, 1% of the gross monthly wage at its own expense (€ 200), 1% of the gross monthly wage at employer’s expense (€ 200), contractual contribution.

Benefits list
Employer contribution 1% Contractual contribution * Tax benefit throughout contribution period Annual absolute tax and financial benefit
200 euros 135 euros 152 euros 487 euros
* Additional regional and municipal charges have been calculated using the minimum rate, equal to 1.5%

Example 2

Example of a 3rd grade worker with a € 25,000 (gross) yearly income, 1% of the gross monthly wage at its own expense (€ 250) plus further € 750 (in order to obtain the € 80 worth “Renzi Bonus”**), 1% of the gross monthly wage at employer’s expense (€ 250), contractual contribution.

Example 2
Employer Contribution 1% Contractual contribution * Tax benefit throughout contribution period Bonus Renzi Annual absolute tax and financial benefit
250 euros 135 euros 181 euros 960 euros 1.526 euros

* Additional regional and municipal charges have been calculated using the minimum rate, equal to 1.5%

** Any wage earner with an annual income lower than € 24,000 can benefit from the monthly € 80 worth “Renzi Bonus” (€ 960 yearly).

Example 3

Example of a 6th grade worker with a € 30,000 (gross) yearly income, 1% of the gross monthly wage at its own expense (€ 300), 1% of the gross monthly wage at employer’s expense (€ 300), contractual contribution.

Benefits list
Employer Contribution 1% Contractual contribution * Tax benefit throughout contribution period Annual absolute tax and financial benefi
300 euros 202 euros 317 euros 819 euros
* Additional regional and municipal charges have been calculated using the minimum rate, equal to 1.5%

Comparison between benefits supplied by Prevedi and revenues taxed directly in your payslip

  • Any revenue in your payslip is taxed (Irpef) with at a rate varying from a minimum of 23% to a maximum of 43%;
  • Any settlement or advance on your individual Prevedi account benefits from a tax break (being taxed at a rate between a minimum 9%to a maximum 23%)
  • For further information about the tax regime, click here: Tax regime Document