Cash: How the new limits for wages and pensions work

The new rules on payments of wages that can no longer be held in Species but strictly with traceable instruments such as transfers or checks.

This is a decisive crackdown with the Stability Law of 2018, which provided that these rules should apply to any type of money transferred from an employer to his or her employer. employee, a noteworthy precision, since ] payments of a commercial nature, on the other hand, we point out that there is a maximum threshold of three thousand euros, previously set at one thousand, beyond which the money is no longer

For wages instead, as already stated, everything will be the sum it must be granted with traceable financial instruments. But let's see who the new discipline is worth and how it will be applied.

Contracts

Contracts of employment which will have to comply with the new rules on the prohibition of payment in cash of wages are those of salaried nature (open, fixed term, partial), but also the relations of co-ordinated and continuous co-operation and those established with co-operatives

On the other hand, the working relations existing with the public will not be subject to the new rule. the administration and those concerning caregivers and colfs who work at least four hours a day with the same employer

How to pay

As already mentioned, the new discipline on wage payments requires only the use of traceable financial instruments

Employers can therefore pay compensation with b on by means of. electronic payment instruments, with cash payment at the bank or at the post office where the customer has opened a cash current account with payment order, or finally by the issue of a check [19659006] It should be noted that the rules are decidedly harsh, and provide that anyone who will be discovered to violate them will be liable to a sanction which may range from one thousand to five thousand euros

Pensions [19659008] The new rules on wages are added to those already applied to the payment of pensions .

For the latter, as of April 1, 2012, the law provides that for monthly amounts greater than one thousand euros, the credit must be credited to a bank or postal account, a postal book or a prepaid card.

This completes the framework of a regulation specifically aimed at counteracting tax evasion through, as mentioned, timely monitoring of payments. Among other things, in the case of wages, this motivation is firm with those related to the respect of the minimum wage and the contrast of the deplorable phenomenon of the "outboard".

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