It’s official: taxes will be reduced for 97% of Alicante residents

Finally, PSPV, PP, Compromís, Ciudadanos, Vox and Unides Podem voted in favor of tax reform, which includes lowering income taxes below 60,000 euros for this year (the effects of which will be stated in the 2023 declaration). Complemented by the reform of the rest of the income tax brackets above this figure. 2023 Budget LawIt will be approved in December and will affect the income statement made in 2024. Tax deduction for beneficiaries Global savings of 149 million eurosAs calculated by the Generalitat Valenciana.

At the parliamentary session this Wednesday afternoon, José Muñoz, Treasury spokesperson for PSPVargued that the debate over taxes “seems only from the right”, but President Puig “spoke about taxes in the constitutional sense.”

Thus, Muñoz thought that what had passed the Valencian Courts was a “stronger” reform than originally announced, including changes for the upper divisions, and that “the vast majority” of Valencians “would feel more comfortable” when implemented.

for him PP, Ruben Ibanez He assured that Puig’s reform “only represents an average savings of 64 euros per taxpayer, the equivalent of 5 euros per month”. “PSPV is constantly trying to deceive and deceive itself, as in the initiative it presented at Les Corts that says it will allow the cost of masks, mental and oral health to be deducted. Confirmed by all groups, it’s in the drawer today,” he said.

“The socialists do two things: oppress the Valencians with taxes and deceive them constantly,” said Ibáñez, adding that he is “deeply proud of the financial reform that PPCV and Carlos Mazón have presented.”

assistant Devotion Carles Esteve He stated that tax reform would place the Commonwealth of Valencia as the territory of the “most progressive taxation” State, but would defend it, even though he had stated that he would not be reforming himself. because they “agreed on it”.

He also pointed out that this reform is “botanical” and does not include “any financial gift to anyone”, unlike PSPV’s amendment to the law aimed at lowering the inheritance tax on family businesses to 99 percent. More than 10 million euros.

With Citizens, Yaneth Giraldo Noting that Citizens proposed to change the personal income tax rate with the changes last year, he criticized Botànic’s proposal this year: “Aren’t you late?”.

Insisting on lowering the inheritance tax, the attorney said, “I don’t understand why we can’t give bonuses to parents who want to be heirs to their children or donate to them.”

Since Vox, Llanos Masso lHe added that “the citizens are getting poorer and the government is getting richer” in the Valencian Community, and he criticized the tax “reduction”, which in his view was a “charity” for Valencians.

Since United Podem, Ferran Martinez “In the spring, PP announced an attack on tax cuts in Spain, joined by Cs and Vox, and six months later, the inept Inheritance tax in Andalusia and the Liz Truss government in the United Kingdom”.

According to Martínez, Botànic’s financial reform also affected this situation, showing that, in his view, it was “to reduce the burden on those who have less, to improve progress, and to ask a little effort from those who have more.” “To say that lowering taxes increases collections is a magic idea, it’s alchemy,” he added.

The reform of the territorial division of personal income tax to correct the effects of inflation on the middle and working classes is reflected in three measures at once:

1. Increasing the Personal and Family Minimum by 10% for all IRPF taxpayers.

That way, the new minimums will look like this:

• Between € 5,550 and € 6,105 for general assumptions

• Between 6,700 € and 7,370 € for people over 65

• Between €8,100 and €8,910 for people over 75

• +10%: Minimum family assumptions for grandchildren, grandchildren and people with disabilities.

2. A new IRPF rate applicable to the General Taxable Base While this reduces the liquid income quota of up to €60,000, increasing the progressiveness and redistribution of personal income tax, the change of rate and personal and family minimum for taxable bases exceeding €60,000 is neutral. affects the shrinkage of subdivisions.

3. Increase in amount and limits in regional deductions. All deductions that already have a fixed amount will be increased by 10%, and any remaining deductions will be increased by 10% of the maximum limits set.

This update is mainly middle income taxpayerscurrently unable to enforce any of these cuts.

Calculations by Generalitat show that:

• Inside 10,000 euros income the full fee will be 445 euros and 350.55 euros, representing a 21.22% reduction.

• Inside Income up to 20.000 Eurothe full fee is 1,607 euros and 1,490 euros, which means a decrease of 7.26%.

• Inside Income up to 30.000 EuroThe full fee of 2,997 euros is paid and is reduced by 2,23% from the reform to 2,930 euros.

• Inside Income up to 60.000 EuroA full fee of 8,947 euros is paid and reduced to 8,914 euros, a reduction of 0.37%.

• of the 65 thousand euros andAfter n, there is no difference, the same continues to be paid.