Decree by end Jan to regard 14 mn workers
Tax wedge cut for excluded from 80 euro

Tax wedge cut for excluded from 80 euro

Tax wedge cut for excluded from 80 euro

Tax wedge cut for excluded from 80 euro

Tax wedge cut for excluded from 80 euro

Tax wedge cut for excluded from 80 euro
Tax wedge cut for excluded from 80 euro
  • 2020-01-14 14:50:02 1 months ago
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(ANSA) - Rome, January 14 - The government's planned tax-wedge cut will be for those excluded from an existing 80-euro monthly benefit, Economy MInister Roberto Gualtieri said Tuesday.
    Speaking at a brainstorming seminar of his centre-left Democratic Party (PD), Gualtieri said "we want to start the first tranche of the fiscal reform as soon as possible".
    He said the government was still "making a technical assessment of the scope" of the tax wedge cut.
    But by the end of the month, he said, a cut would be implemented that would "enable us to reduce taxes on up to 14 million workers, especially low-to-medium income households so far excluded from the 80 euros".
    Gualtieri said an enabling law on the fiscal reform would be passed in April.
    "Already in April an enabling law on the fiscal reform will be passed," he said.
    The government has vowed that its tax wedge cut will help lower earners. The tax wedge is defined as the ratio between the amount of taxes paid by an average single worker (a single person at 100% of average earnings) without children and the corresponding total labour cost for the employer.
    The average tax wedge measures the extent to which tax on labour income discourages employment.
   

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Tax wedge cut for excluded from 80 euro

Sissoko retires from football

Sissoko retires from football

The former Fiorentina and Juventus player Mohamed Sissoko has decided to hang up his boots and quit football at the age of 34.

The former Mali international leaves behind a long career with spells at clubs like Auxerre, Valencia, Liverpool, PSG and Levante.

His latest experience came at Sochaux in the French Ligue 2.

“I’m here to tell you it’s over,” he told RMC Sport 1. “I will end my footballing career. It was a decision I found very difficult to accept.

“Football is my life. But it’s the right decision”.

In Serie A, he played 76 games and scored three times during spells at Juventus and Fiorentina. The 34-year-old was brought to the Old Lady from Liverpool in January 2008 and played for Juventus until July 2011.

He was then sold to Paris Saint-Germain but returned to Italy after only 18 months in the French capital.

The midfielder went on to play five games for Fiorentina in the 2012-13 season, before he was released by Les Parisiens when he returned from Florence.

Sissoko also played one game for Ternana in Serie B during 2016-17.

Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: https://subscribe.premiersports.tv/

Politano close to Roma?

Politano close to Roma?

Inter have left Matteo Politano out of the squad against Cagliari in the Coppa Italia, igniting the rumours of a proposed move to Roma.

Alfredo Pedulla from SportItalia writes that “it’s a clear signal” that Politano is on his way to the Giallorossi this winter and expects the Nerazzurri midfielder to swap clubs very soon.

Roma have allegedly been working hard to get a deal with Inter, as they have targeted the 26-year-old as a replacement for the injured Nicolò Zaniolo.

Yesterday, Gianluca Di Marzio pointed towards a swap deal including Leonardo Spinazzola, as they are both valued at €25m.

But the amount could also decrease to €20m if Inter doesn’t agree on a direct swap deal. The Nerazzurri are reportedly also asking for a buy-back clause in the deal with the Giallorossi.

The latest development sparks new rumours about the Italy international, who's path seemingly leads to Rome.

Watch Serie A live in the UK on Premier Sports for just £11.99 per month including live LaLiga, Eredivisie, Scottish Cup Football and more. Visit: https://subscribe.premiersports.tv/