2027 Budget: less than 600 million out of 26 billion for young people

Of the 26 billion euros of measures in Italy's Budget Law for 2027, less than 600 million go to measures for young people. Many are not structural: they last only one year or help indirectly.

For workers under 30

Private-sector employees under 30 with an income of up to 28,000 euros will pay a 1% tax on the pay rises they receive in 2027 compared with 2026, up to a maximum of 2,500 euros. Also for 2027, the tax-free ceiling on fringe benefits (goods and services a company offers on top of salary) for under-30s rises from 1,000 to 2,000 euros.

Housing and the future

The state guarantee of the "First Home Fund", covering up to 80% of the mortgage principal, is extended to 31 December 2029 and is reserved, among others, for people under 36 with an ISEE (household income indicator) of up to 40,000 euros. For agreed-rent leases with tenants under 36, the flat rental tax falls to 1%. For everyone born from 1 January 2027, INPS will open a pension account into which the state will pay 100 euros a year until the age of 18.

Why it matters to you

These measures concern your future: your first salary, your home, your pension. Understanding how the state shares resources between generations helps you read economic news and form your own opinion.