This payroll The number of employees varies. in February reduction IRPF to the lowest level slice. Whenever something useful the inflation still highSince net salary is significantly higherbut insufficient to live in Barcelona, where the minimum living wage exceeds 1,500 euros. Anyway, people charge more than 14,000 euros gross per year (less earners have not paid taxes before or now) up to 21,000 euros they will have salary increase due to changes applicable withholding from personal work who approved State until 2023
So far, people with an income of between 15,000 and 18,000 euros, tax deduction. However, with the new General Government Budgets, this reduction It covers all taxpayers with a gross annual salary of between 15,000 and 21,000 Euros.It is equivalent to the median salary in Spain according to government calculations. Therefore, half of the wage earners benefit.
This new amounts The discount rates are as follows:
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If the net income from the business is Less than or equal to 14,047.50 Euros (Before 13,115 €), the applicable discount increases to 6,498 € (before 5,565 €).
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If net income from business is included Between 14,047,50 and 19,747,50 EurosThe applicable reduction is obtained from the following calculation: 6,498 € The result of multiplying (before EUR 5,565) minus 1.14 (before 1.5) is the difference between business income and EUR 14,047.50.
Fixed “jump errors” for rentals up to 35,200 euros
In addition, the Ministry of Finance, corrections in withholding, “skipping errors” For taxpayers earning between 22,000 and 35,200 euros. In this way, with the new table, the monthly income tax withholding of thousands of Spaniards decreases. The reason for this is that while the withholding change for a person who receives 22.000 Euros is 1.186 Euros, the withholding change for a person who receives 1 Euro more is 2.303 Euros.
The update must be done by the company.
Considering the 2023 tax cut perspective, this increase in payroll neither beneficial nor harmful for the worker, beyond the ability of the State to dispose of the money it will refund for the personal income tax surplus without waiting. Still, the Tax Office has developed a simulator so that anyone can calculate their personal income tax withholding for 2023.
The worker should not do anything to take advantage of this measure as the update is made. tax status It is the responsibility of the company that employs you. In this sense, the rule entered into force in February payrolls retrospectively from January. The worker’s only concern is to review the payroll and verify that all is well. Otherwise, you must ask your employer to comply with the law.