Post by account_disabled on Feb 21, 2024 21:14:01 GMT -8
The tax reform leaves subsidies to groups at risk of social exclusion exempt from taxation The Treasury keeps 300,000 income returns blocked Practical guide to Income Tax 2014: how to do it and when to present it The Treasury is going for the million beneficiaries of the PIVE Plan Notice from tax advisors: The Treasury has a way to get rid of fines for hiding assets abroad Spaniards will have serious problems collecting the personal income tax reduction in July Delegation of the Tax Agency. Delegation of the Tax Agency. is one of the most notable measures approved by the Rajoy Government in this last stretch of legislature, and it has included several nods of " social". The Royal Decree-Law that the Council of Ministers approved on Friday, July 10, included a long series of modifications with respect to the current regulations to bring forward to this month the reduction in the Personal Income Tax that was scheduled for January 2016. Given the complexity of the changes, the Tax Agency has prepared a document that details and explains the main new features introduced by this reform. El Confidencial Digital has had access to that document , which highlights changes that had gone unnoticed among the general reductions in tax rates.
Aid to people at risk of social exclusion This reform means that various income from social aid and subsidies granted by public administrations are now considered exempt income : therefore, from now on they will not have to be included in the income tax return to pay personal income tax. As ECD has been able to verify , with this regulatory change the income Denmark Mobile Number List that comes from different financial aid and benefits that the State, the autonomous communities and the city councils grant to people who belong to groups at risk of social exclusion will not have to be declared. For example, from now on, women who have been victims of gender violence will not have to include in their income tax return the aid that the law establishes for people abused by their partners who are left helpless for this reason. Nor will victims of rape and other violent crimes who receive public compensation have to do so. The Royal Decree-Law approved by the Government also contemplates income that until long ago was less known: the minimum insertion income established by the Autonomous Communities.
From now on, these social benefits and all other aid that the administrations grant will be taxed "to serve groups at risk of social exclusion, social emergency situations, housing needs of people without resources or food needs, schooling and other basic needs of minors or people with disabilities when they or their dependents lack sufficient financial means.” They were taxed as “employment income” Administrative managers consulted by El Confidencial Digital assure that with this change the Government has corrected a situation that until now was “anomalous” : “The State, the communities or the town councils paid aid to families and people without resources, and then forced them to pay taxes for it.” In fact, a few years ago the Treasury published a note clarifying that this type of social aid was considered “work income.” Although many of these people who received benefits did not file an income tax return because they had income below the minimum from which it is mandatory, those who did file - and those who exceeded that amount - were obliged to declare that income. This caused their total income to be higher and they had to pay more taxes to the Treasury. The only limit that is established now is that the total aid received throughout the year does not exceed euros , which is 1.5 times the Multiple Effects Public Income Indicator for this year . Below From that amount, social aid will be exempt.