this tax collection The province is on its way to breaking new records this year. Unstoppable increased pricessupporting VAT income and employment improvement and income-tax-drawn pensions, further accelerating the rate of growth they have driven since mid-last year. numbers never seen until date.
In this way, until last April, the Tax Office entered Alicante. 1,565 million €which is already 19.4% It is more than in the same period of 2021 and also almost 3% over the 2007 figures until the year when Alicante residents pay the most taxes to the State.
Also an increase exceeds 1.3 points increase nationwide fundraising this is already 18.1% above last year’s.
In the distribution of different taxes, VAT It already monopolizes more than half of all income of the Tax Office in the region. 793 million The euro rose 20.1% in the first four months of the year. a directly related increase many price increases from the products that make up the shopping cart. “It’s an automatic relationship. The moment the bread increases, the VAT of the bread also increases. price percentageRecalls the chairman of the Tax Commission of the Alicante Association of Economists, Antonio PerezRovira.
In this respect, it should be noted that the increase in VAT collection would have been even greater had it not been for tax reductions. temporary discount which is applied electricity billwhere the current ratio is 10% versus the normal 21%.
While this tax explains much of the increase in Treasury revenues across the province and country, the reality is that almost all taxes are improving. Thus, it underlines the rise in the collection. personal income tax18% more, which is close to 585 million euros. In this case, there are two factors. On the one hand, the increase in the number of people employed, as a large part of the collection of this tax comes from withholding tax on payrolls. On the other hand, the increase in pensions after updating according to the CPI, which also pays personal income tax.
To this we must add a third factor, according to Pérez Rovira. market revival Real estate. And that, though many of those affected don’t realize it, is that the benefits of the sale are taxed as capital gains, adding to the grip that the Treasury gets. Something noticing now Income CampaignHere, the economist assures that many declarations appear to have been paid quite substantial sums for this reason.
In the same vein, the latest data from the Tax Office reflects an improvement in tax office revenues. Corporation tax24.3% more, reaching 92 million euros. An increase registered throughout the country and associated with the public institution itself lower return companies demand as the economic situation improves.
Finally, the revenue generated Income Tax for Non-Residents increased by 73% to 36.2 million euros, foreign traffic Import duties from non-EU countries increased by 31.8% to 24.5 million.
The deductions are only Special Taxes, but in this case it should be noted that the payments made in the province are nominal, since most of the collection of these taxes is carried out through central services. Madrid Tax Office.