Work and Pay
Italian employment and payslip rules explained with the texts, the dates and a worked example in euro.
The Italian TFR: what it is and how it is calculated
The Italian TFR is annual pay divided by 13.5, less a 0.50% contribution. How it is revalued each year, what tax it bears and when you can draw an advance.
13 min readThe tredicesima: how Italy's thirteenth-month pay is calculated
Italy's tredicesima is one twelfth of monthly pay per month worked. When it is paid, which months accrue and why its net is lower than a normal month's pay.
7 min read
The content is educational and does not constitute financial advice.