The Treasury technicians recall that this year the maximum contribution to the individual pension plan is reduced to 1,500 euros
MADRID, 7 Dic. (EUROPA PRESS) -
The group of technicians from the Ministry of Finance (Gestha) advises taking advantage of the final stretch of the year to save up to 3,425 euros in the next income statement, and remember that this year the incentive for individual pension plans has decreased and, in return, business pension plans are favoured.
Gestha has clarified that the measures adopted by some regional governments, such as the deflation of the regional income tax scale and the personal and family minimums, do not have an influence so that the greatest tax advantages are concentrated in taxpayers with higher salaries and assets.
In this way, while people with incomes of more than 600,000 euros a year will be able to lower their tax bill to 71,109 euros, for people with annual income of 21,000 euros the tax advantages do not reach 1,626 euros, and for those with less income, the possibilities of deducting are practically non-existent in practice.
These taxpayers with lower incomes can usually deduct for regional rental deductions and even for the temporary state deduction if the rental contract is prior to 2015, but in practice these deductions do not operate due to the absence or low amount of their withholdings, according to explain.
From Gestha they have launched a series of recommendations in order to lower the tax bill for 2022 in the last stretch of the year. The first tip is to take advantage of deductions for energy efficiency improvement works in homes.
In addition, from the union they have recalled that the maximum contribution to the individual pension plan drops to 1,500 euros, although with the possibility of increasing the contributions by up to 8,500 euros more for contributions to business pension plans. It is therefore recommended to take advantage of the final stretch of the year to make contributions until the limit is exhausted.
According to Gestha estimates, half of the taxpayers who earn more than 60,000 euros benefit from this deduction, whose savings account for almost half of the contribution to the Pension Plan as it is a reduction in the tax base that decreases the progressivity of the rest. of ordinary income.
The union also recommends applying the deduction for home purchase and renovation and points out that the end of the year is a good time to do the math and offset the losses generated in an investment fund, shares or financial derivatives with the capital gains obtained.
In addition, the technicians have advised planning the sale of shares and have recalled that donations, donations and contributions with the right to deduct, allow deducting 80% for the first 150 euros and 35% for the remaining amounts, which reaches 40 % if in the two immediately preceding years a donation is made in favor of the same entity for an amount equal to or greater, in each of them, than that of the previous year, limited to a maximum contribution of 10% of the net income.
They have also explained that the deduction for third-degree friends and relatives of entrepreneurs is 30% of the investment in the state income tax quota when subscribing the shares or shares of the company.