Post by account_disabled on Feb 20, 2024 2:18:10 GMT -5
On April Income campaign began, and it did so with important news that you will surely be interested in knowing. We are going to explain to you what the 6 most notable points of the 2015 tax reform are and how they will affect your pocket. Let's go there! fiscal_reform_2015_how_it_affects you Discover all the changes that the 2015 tax reform brings with you © Pablo Tosco/ Oxfam Intermón 6 important changes of the 2015 tax reform Deductions for purchasing and renting homes disappear Already in January 2013, the deduction for the purchase of a habitual residence was eliminated, but if you were able to deduct something in 2012 or in previous years, you will be able to continue doing so in the 2014 income: up to 15% of what you invested, and always with a maximum of €9,040. One of the most important changes of the 2015 tax reform is that rental contracts are no longer subject to income deduction if they were signed on or after January 1, 2015 (although regional aid is maintained); Contracts prior to this date will be deductible.
Thus, as of January 1, 2015, you will no longer be able to take advantage of the 10.05% deduction of the amounts paid for rent. Tax rates fall and personal and family minimums increase The tax reform aims to reduce the brackets from 7 to 5 and, therefore , the minimum tax-exempt minimum of each one increases: the tax-exempt minimum of each taxpaye Europe Mobile Number Listr goes from €5,151 to €5,500, and the exemptions for the birth of children children go from €1,836 to €2,400 for the first, from €2,040 to €2,700 for the second and from €3,672 to €4,000 annually for the third. Increases the tax relief for contributions to NGOs For annual contributions of less than €150, the deduction, which until now was 25%, will become 50% in 2015 and 75% in 2016. Above €150, the deduction percentages will go from 25% % to a reduction of 27.5% in 2015 and 30% in 2016. Taxes on payments for habitual residence disappear Royal Decree-Law 8/2014 indicates that dación en pago (the action of giving something to pay a debt) will be exempt from taxes if it involves obtaining capital gains.
Without a doubt, this is a very interesting fact about the new tax reform. Changes in contributions to the New Company Limited Company In this year you will be able to deduct up to 15% of all the contributions you made to this type of Limited Company, which appeared in 2014. However , the 2015 tax reform has eliminated this measure and you will not be able to apply it in future years. Modifications in contributions to pension plans The 2015 tax changes include a reduction in the maximum contributions to pension plans: it is now €8,000 per year, without this amount exceeding 30% of the performance of your economic activities. Tax reform, an unjust reform As you can see, the 2015 tax reform brings with it important developments that should be taken into account, because they can affect—a lot—your pocketbook. However, after the reform, the Spanish tax system remains unfair. Little is collected and not from those who have the most, which conditions the ability to better provide social policies. The tax reform will mean a greater reduction in the tax burden for the highest incomes, without hardly relieving the middle incomes or the most vulnerable: This reform will not be able to close the social gap between rich and poor, since the greatest tax burden continues to fall on income from work and consumption, which means that those who will continue to pay more will be ordinary citizens, compared to to big companies and fortunes.