Information about Italy Minimum wage and taxes.
The minimum wage in Italy has been determined as
9.43 Euros gross as of 2021. This figure is applied to employees' hourly wages. When calculated monthly, it corresponds to a gross amount of 1,538.47 Euros for a full-time worker. The tax system in Italy is quite complex and tax rates vary depending on a person's income, marital status and other factors. But in general, income tax rates are as follows: - Income tax is withheld at 23% up to 15,000 Euros. - Income tax between 15,001 Euros and 28,000 Euros is withheld at 27%. - Income tax between 28,001 Euros and 55,000 Euros is withheld at 38%. - Income tax between 55,001 Euros and 75,000 Euros is withheld at 41%. - Income tax over 75,001 Euros is withheld at 43%. Additionally, there are social security contributions in Italy. These premiums are paid by the employer at the rate of
9.19% of the employee's gross salary, and
9.19% of the employee's gross salary is paid by the employee. These premiums include health insurance, retirement and unemployment funds. The information mentioned above provides an overview. Tax and fee policies in Italy may change from time to time, so it is important to check the most up-to-date information from official sources.
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