Italian Payslip Updates for 2026: Fringe Benefits and Social Account Adjustments

Italian employees should be aware of key updates to their busta paga (payslip) for 2026, particularly concerning fringe benefits and the management of residual Social Account funds. These changes, impacting both employees with and without dependent children, require attention to ensure accurate tax and contribution calculations. This article details the adjustments for workers under both the CCNL Credit and Insurance agreements.

Fringe Benefit Thresholds Increased for 2026

For 2026, the annual exemption limit for fringe benefits – including company cars, accommodation, subsidized loans, and welfare vouchers – remains at €1,000. However, a significant increase applies to employees with fiscally dependent children. The threshold rises to €2,000 for those who submit the required self-certification to their employer.

To qualify for the increased limit, employees must declare the presence of dependent children, including those born out of wedlock, adopted, or in foster care, regardless of age or cohabitation status. This declaration must be submitted via the employer’s administrative portal – specifically, #People > Services Administrative > Administrative Requests – by November 30, 2026, to be reflected in the December 2026 payslip. Declarations received between December 1 and December 31, 2026, will be processed in January 2027.

Identifying Fringe Benefits on Your Payslip

The following voce (items) on your payslip indicate the presence of fringe benefits:

• Company car: 1563
• Accommodation: 16D4, 1562, 1740
• Subsidized mortgages and loans: 1600
• Vouchers and utility reimbursements: 1WB6 – 1WD1 – 1WD2
• UBI welfare account: 1WB7

The payslip displays the amount of the benefit, along with codes indicating its tax status:

• 91QC: Exempt benefits (within the limit)
• 91QE: Benefits subject to taxation (exceeding the limit)
• 64QE: Taxable fringe benefit

Note that mortgage/loan installments (voce 1600) typically reflect the previous month’s benefit and may appear as a double entry in December, with any balance adjusted in January.

Social Account Adjustments in February 2026 Payslips

February 2026 payslips also reflect the settlement of residual funds from the Social Account. These adjustments include:

• 6VU3/6VU5: Settlement of expense reimbursements submitted through the Social Account.
• 6VU4: Liquidation of unused residual funds.

These amounts are subject to INPS contributions (9.257%) and potentially a 1% tax discount for employees with income below €80,000, up to a maximum of €5,000. Residual funds may also be allocated to supplementary pension schemes, as indicated in the FPC section of the payslip.

Supplementary Pension Updates

Updates to supplementary pension contributions were also applied in February 2026 payslips, based on the second-level contract of December 24, 2025:

• Employees with mixed contracts will receive an employer contribution of 6% of their severance pay.
• “Young” employees (aged 35 or under as of January 1, 2026) in Professional Areas will receive a 6% employer contribution to supplementary social security, calculated on their TFR (severance pay).

Resources for Further Information

For specific questions regarding your payslip, consult the Fisac Guide to the Payslip or contact infobustapaga@informafisac.net. Local Fisac trade unionists are also available for clarification.