Spanish taxpayers will pay an average of between 9 and 540 euros less in income tax (IRPF) this year, according to calculations by the General Council of Economists-REAF. The reduction is generalized by communities despite the fact that only eight have carried out reductions in the tax burden in their corresponding regional rate.
The reason is because the rise in social contributions has made the part of the salary of the workers that pays tax somewhat lower, which has caused the quota to drop. In some cases it is testimonial, such as in the group of people with a gross income of 30,000 euros, whose fee is barely reduced by around 9 euros. On the other hand, where the greatest decreases can be seen is in employees with salaries of 21,000 euros or less, since they benefit from the adjustment that the Government made only for those cases. Most workers with a salary of 16,000 euros have seen their rate reduced by more than 500 euros.
In its report on the Panorama of regional taxation, the General Council of Economists-REAF points out that the communities that have lowered their regional rates are Andalusia, Aragon, the Canary Islands, Castilla y León, Galicia, Madrid, the Region of Murcia and the Valencian Community . On the other hand, the rest have not taken any action. In the group of autonomies that did lower taxes, the regional governments are in the hands of the PP but also of the PSOE.
In the wealth tax, the Council of Economists highlights that "the most relevant novelties are the bonus, already by 2022, of 100% in Andalusia and 50% in Galicia, although taxpayers with assets of more than 3.7 million they will have to pay the State for the tax on large fortunes".
In inheritances and donations, the most striking thing is that donations to close relatives are lowered in Extremadura up to a base of 300,000 euros. Finally, in Asset Transfers and Documented Legal Acts, the Balearic Islands and the Valencian Community raise the tax rates for property transfers with values greater than one million, according to the report.
