SHARE
COPY LINK
For members

MONEY

How families can claim Italy’s new universal single allowance

Italy has already recorded nearly two million applications for its new universal child benefit. Here's how you can claim the credit for your family.

How families can claim Italy's new universal single allowance
Applications are now open for Italy's new universal child benefit. Photo by Xavier Mouton Photographie on Unsplash

Families in Italy can now request the new single universal child benefit (L’assegno unico e universale) since applications opened on January 1st, 2022.

The new single allowance, approved in November, replaces a range of so-called ‘baby bonuses‘ in a move hoped to simplify the process of claiming financial support for parents.

READ ALSO: Ten things you need to know about giving birth in Italy

Some seven million families in Italy are eligible to claim the new benefit, and 1.75 million requests have already been made, according to data from Italy’s Social Security Institute (INPS).

For those yet to apply, the INPS on February 9th published instructions on making a claim – currently only in Italian.

Based on the official information available, here’s a guide to what the allowance is, who’s eligible, and how to apply.

What is the single universal child benefit?

The new allowance is a monthly means-tested benefit for those who have children, or are about to have a child.

It is payable from the seventh month of pregnancy until the child reaches the age of 18 or in some cases, 21.

The first payments will be made in March 2022. If you apply by June, you’ll receive payments in arrears from January. After this date, you can still apply but won’t receive any backdated payments.

How much child benefit you can claim depends on your household wealth. Photo by Garrett Jackson on Unsplash

It’s also available to parents of children between 18 and 21 years of age who are dependent on the family – but they must prove that the child has undertaken a course of study or training, or has started an apprenticeship or traineeship contract.

No age limit is imposed in the case of a disabled child.

The universal payment is intended to help encourage more people in Italy to start a family as the birth rate slumps again to a new record low.

It comes as part of the country’s wider strategy – the so-called Family Act – which aims to make starting a family in Italy more affordable.

However, with the introduction of this payment, other ‘bonuses’ for parents have been scrapped altogether – such as the one-off payment of €800 for expectant mothers (Bonus Mamma Domani) and the Bonus Bebé, which had a higher minimum payout, available for the first year of the child’s life.

How much are you entitled to?

The amount payable to each family is based on the household’s economic situation, which in Italy is calculated as ‘ISEE’ (Indicatore della Situazione Economica Equivalente, or ‘Equivalent Financial Position Indicator’).

In other words, you are means-tested to find out how much allowance you’ll be entitled to. The calculation takes into account income and 20 percent of assets, such as your house and your car, for instance.

READ ALSO: How Italy just made it easier to access essential paperwork online

To find out what your ISEE is, you need to fill out a declaration form of your income and assets called the DSU (Dichiarazione Sostitutiva Unica). You can do this yourself or ask your accountant (commercialista) for help.

The amount you can claim ranges from a maximum of €175 per month for households with an ISEE of up to €15,000 per year, to a minimum monthly amount of €50 for those with an ISEE of over €40,000.

Photo by Ana Tablas on Unsplash

If you decide not to calculate your ISEE, INPS states that you’ll be entitled to the base rate of €50 monthly for each child.

From the third child onwards, there is an extra €85 per child and an extra €30 if both parents work.

That means typical payments will range from €50 per month if you have one child and have an ISEE over €40,000, or don’t submit one at all, to around €700 per month if you have three children on a minimum ISEE and both parents are in work.

You’ll need to claim again annually for this benefit.

Who is eligible to claim?

Parents or those who have parental responsibility can access this benefit regardless of employment status. That means all categories of employees (both public and private), the self-employed, pensioners, the unemployed and the unemployable are equally eligible.

Grandparents can apply in the case of sole parental responsibility.

To be eligible, you need to either be an Italian or EU citizen, or a family member of an Italian or EU citizen.

You can also apply if you are a citizen of a non-European country and have an Italian or EU long-term residence permit (permesso di soggiorno per soggiornanti di lungo periodo).

READ ALSO: Visas and residency permits: How to move to Italy (and stay here)

You can also claim the allowance if you hold a work permit authorised for a period of more than six months, or if you hold a residence permit for research purposes authorised for more than six months.

If you wish, you can split the benefit between two parents, by entering the two payment details in the application.

If you’re pregnant, you can only apply after the birth, when the child has been assigned a tax code (codice fiscale). With the first monthly allowance, arrears will be paid from the seventh month of pregnancy.

You can still claim the Bonus asilo nido (nursery bonus) concurrently.

How do I claim?

There are a few ways to apply:

  • by accessing the MyINPS site here – then click on ‘Assegno unico e universale per i figli a carico‘ (Single and universal allowance for dependent children). You’ll need your SPID, a Carta di Identità Elettronica (CIE) or a Carta Nazionale dei Servizi (CNS) to log in;
  • by calling 803164 (free of charge from a landline) or 06164164 (from a mobile network – charges will apply);
  • by going to a patronato (a type of office offering legal and bureaucratic advice and assistance), or by asking an accountant (commercialista) for advice.

READ ALSO: How to use your Italian ID card to access official services online

For more information, INPS has created an FAQ – you can read it (in Italian) here.

The Ministry of Economy and Finance has also provided detailed information on the benefit with a breakdown of how much you can claim based on your ISEE bracket and number of children here.

See more of The Local’s guides to dealing with Italian bureaucracy here.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.
For members

MONEY

The verdict: What are the best banks for foreigners in Italy?

Picking the right banking option in Italy can be hard, but The Local's readers have shared their experiences and advice to give you a head start.

The verdict: What are the best banks for foreigners in Italy?

If you’re planning on moving to Italy, opening a bank account will be one of the very first things you’ll have to do in the country.

Overseas accounts (especially those from outside the eurozone) are unlikely to cut it for everyday tasks like paying bills and taxes, receiving an Italian salary and taking out insurance as many Italian authorities require an account with an Italian IBAN number for these purposes.

Italy has a large number of banks to choose from, ranging from traditional Italian institutions to international banks to a host of online-only operators that have grown in popularity in recent years.

But Italian-only online information, confusing paperwork and a swarm of different offers can make it hard to find the right option, which is why we asked readers of The Local to share some of their best insider tips in a recent survey.

Traditional v online banking

If you’re looking to open an account in Italy, one of the very first decisions you’ll be faced with will be whether to opt for a traditional institution or a digital banking platform. 

Overall, around four in ten respondents indicated an online banking platform as the best option for foreigners in the country, with many pointing to low account fees, advantageous currency exchange rates and a far greater degree of flexibility compared to traditional institutions. 

READ ALSO: Which documents do I need to open an Italian bank account?

The majority of respondents however selected a traditional Italian bank as the best option, citing greater levels of trust in traditional institutions, the advantage of dealing with people face to face and, in some cases, the availability of specific services and information for foreign nationals. 

Traditional banks

Italy’s biggest private bank, Intesa Sanpaolo, was recommended by multiple readers as the best option for foreign nationals in the country.

Intesa San Carlo, Italy

People walk past the headquarters of Italy’s Intesa Sanpaolo in Turin’s Piazza San Carlo in January 2017. Photo by Marco BERTORELLO / AFP

Iain Gosling, a UK national living in Pisa, Tuscany, highlighted the quality of their online services, saying: “The app is easy to use and it translates into English automatically. Online banking is easy. We maintain bank accounts in the UK and send funds to ISP, no problem.”

Another British national living in Pisa focused on the advantages of dealing with Italy’s largest bank, saying that “a lot of operations are done through ISP so the transaction fee is low” and the large number of branches across Italy makes it easy to “open an account quickly in person.”

Laura, a US-Italian citizen living in Ascoli Piceno, Marche, praised Intesa Sanpaolo for their customer service, saying staff were “patient and understanding” following a bad experience with another bank.

READ ALSO: What you need to know about opening a bank account in Italy

Besides Intesa Sanpaolo, UniCredit was also mentioned on multiple occasions within the survey, though opinions on Italy’s second-largest bank were mixed.

Stewart, an Australian national living in Umbria, said they “never had any problem paying bills or making transfers” even when out of the country, and the bank has “a pretty good website, including an English-language (sort of) option”.

But other readers had rather different experiences. Laura, from Ascoli Piceno, said her experience with UniCredit was “a nightmare” as “they couldn’t open the account correctly” and trying to solve the issue was “humiliating and impossible”. 

Cindy in Orte, Lazio, mentioned that UniCredit “arbitrarily raised checking account rates for foreigners who are not residents from 20€ annual to 120€ annual”, whilst another reader reported that “it took someone I know three months to open an account”.

Finally, two readers recommended BancoPosta – a branch of Italy’s Post Office offering basic financial services – based on low fees, presence in all major Italian towns, and easy sign-up procedures.

Online banking and transfer platforms

Wise (formerly TransferWise) was by far the most highly recommended digital platform within our survey.

A British reader in Tuscany hailed it for its “speedy transfers, good exchange rates, and prompt problem resolution”, highlighting the contrast with “slow, expensive and paper intensive” traditional banks.

Revolut

A close-up detail of a card from digital bank Revolut. Photo by JUSTIN TALLIS / AFP

Jenny Lantschner, a British-Italian national in Lucca, also pointed out Wise services’ speed, saying that it’s “very easy to use on a smartphone and will send funds within minutes”.

Besides Wise, several readers recommended Italian online bank Fineco, which they praised for easy account-opening procedures, efficient online operations and low fees. 

Lithuania-based Revolut was also recommended by some readers on the basis of “low cost, convenience, and near spot-market rates for currency exchange”, though others mentioned having problems with money transfers. 

For instance, Bob, an American national in Siracusa, Sicily said that “English, American, and Italian banks all refused to fund” his account.

Finally, Steve in Lombardy advised against opening accounts with Germany-based N26 as they “have been closing accounts in Italy and not giving back the money to customers”.

Though N26 is an active digital bank in Italy, it has been operating in a limited capacity for nearly two years following on-site inspections in late 2021 that revealed shortcomings in terms of security legislation and weaknesses in anti-laundering measures. 

Readers of The Local have recently reported having their accounts shut and being locked out of their funds for no apparent reason.

SHOW COMMENTS