29 October 2026 · Wanted in Rome (EN news)
Italy's 2027 Budget Approved: Income Tax Bands Shift and New Funds Incoming
What it means for you
If you earn income in Italy, the proposed rise in the 33% tax band threshold could lower your overall tax bill — worth watching as the bill moves through parliament and may still change.
Meloni cabinet signs off on €26 billion package, funded partly by a levy on banks and insurers, as the bill heads to parliament. Italy’s cabinet approved the draft 2027 budget law on Wednesday, a package worth around €26 billion, in the fifth "manovra" of Giorgia Meloni's right-wing coalition. The bill must now go to the chamber of deputies, where amendments are possible, news agency ANSA report
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