Urgent.News

What's breaking now, across thousands of outlets.

Business

Tax breaks, a 46 billion euro little treasure wasted

According to a PwC projection, they could free up resources for growth and hiring in company coffers. JetHR has launched Jet Recupero Ai, an intelligent agent that has detected an average saving of over €1,500 for each employee.

Translated from Italian Read in Italian

Tax breaks, a 46 billion euro little treasure wasted

Italian companies are not utilizing 46 billion euros in annual tax benefits, according to a PwC study titled "Costo degli stipendi in Italia: liberare competitività per la crescita". The study analyzed 400,000 companies with 13 million employees and found that 33 billion euros can be recovered from inefficiencies, forgotten benefits, and unclaimed tax credits.

PwC's Francesco de Mutiis and tech company Jet HR's Marco Ogliengo highlighted that Italy's complex bureaucracy and regulations make it difficult for companies to claim these benefits. Jet HR's platform, Jet Recupero AI, aims to help companies recover these credits, with some clients saving over 1,500 euros per employee.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

More in Business

More from Thursday 17 September →