This text belongs to the Bolsillo newsletter, a summary of the week's most notable news that is sent every Sunday. If you want to receive it in your email, sign up here.
Changes on the retirement and housing front. Two of the great concerns of the Spanish people leave news. For better or worse? It depends on the situations, although the idea is to act to prevent things from getting worse in the future. Like in a few years the house will be worth twice as much as it is now, as some point out...
Touch-ups. Changes are coming to active and partial early retirement. Limiting the access age, payments and general conditions is being considered. Also modify what is charged while combining employment and pension, when someone is still active after retirement age. To encourage continuing to be active despite reaching retirement, in the fifth year 100% of the benefit would be collected even if one works. The outlook also changes, for the worse, in safe investments. The remuneration of deposits is heading towards a fall, although they had not really taken off at all. Today they pay an average of 2.3%, far from the eurozone.
Advantages. For adults, not everything is bad news. Being older has many advantages when filing income tax, in the middle of the campaign and with all of Spain looking for a way to escape having to pay. To this we must add that pensioners who contributed to mutual societies in the sixties and seventies can ask for money back because by collecting the pension they end up paying more personal income tax. How is it claimed? Taxes up, taxes down, the fiscal war is left without winners: the race between autonomies causes an irrecoverable loss of income.
Expensive housing. If you have the feeling that you can't afford an apartment because everything is too expensive, you are not alone. And it may be the beginning: "Housing will double in price in just over a decade," they warn in the sector. Luxury and fortunes have more and more impact. Even in mortgages: the best offers on the market, with fixed rates slightly above 2%, are to attract rich clients. The Government sees that there is a problem and this week it has liquidated the Golden Visa for housing investors while looking for ways to accelerate the licenses for developers. High demand and low supply drive prices.
Taxes. Another dose of income campaign so as not to get lost. When filing the declaration, more than one person is in for a surprise. For example, those who bought Treasury bills and now see that they have to pay more than they thought. Or those who have a rental home and find that a tenant who has stopped paying them also has to declare and pay taxes for it. Furthermore, those who have sold on second-hand platforms will have to be careful. The Tax Agency has more data than ever about your sales on Wallapop or Vinted and that can cause problems with your income.
Sucking up to your bosses is a great strategy to progress in the office, at work. It turns out that getting along and a touch of flattery doesn't hurt... but it can end badly. Does it make sense to suck up to the boss? And you, are you a ball?
It is clearer that investing thinking that we are in a game of chance or a bet is a bad idea. A study has just revealed several worrying and striking data that confuse investment and betting. Keep an eye out.
