Construction sector: reduction of social security and welfare contributions in favor of employers for the year 2023

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Summary

On January 3, 2024, the Italian Court of Auditors recorded a decree by the Director General for Social Security Policies and Insurance, in agreement with the State General Accountant at the Ministry of Economy and Finance. The decree confirmed the reduction of social insurance contributions for employers in the construction sector at 11.50% for 2023, as established in previous years. The reduction applies to contributions paid to the National Institute for Social Security (INPS) except those related to the Fund for Workers' Pension Account.