MADRID, 18 Oct. (EUROPA PRESS) -
Taxpayers who earn less than 35,200 euros will see how in 2023 the personal income tax withholdings on their payroll will be reduced as a result of an adjustment derived from the reduction of the tax for income of up to 21,000 euros per year and the increase from 14,000 to 15,000 euros of the annual gross salary from which said tax is paid.
This is how it appears in the draft reform of the personal income tax regulation, in the public information phase and that 'Vozpópuli' advances this Tuesday, in which the income threshold of 35,200 euros is set, to which the reduction of withholding extends from 2023, when the IRPF reduction will come into effect.
The text of the draft explains that the lengthening of the thresholds for the application of the reduction for obtaining income from work (in this case up to 21,000 euros) makes it necessary to extend the income threshold to which the limit of the planned retention fee, which is set at 35,200 euros.
Specifically, article 83.2 of the IRPF regulation is modified and it is specified that when the taxpayer obtains a total amount of remuneration not exceeding 35,200 euros per year, the withholding fee will have as a maximum limit the result of applying the percentage of 43% to the positive difference between the amount of the total amount of remuneration and the amount that corresponds, depending on your situation, of the minimum amounts excluded from planned withholding.
This in practice means, according to the experts consulted by Europa Press, that taxpayers with incomes of up to 35,200 euros gross per year will see their personal income tax withholdings reduced during the year 2023, although, as the rates and the tax reduction have not been modified It only affects income of up to 21,000 euros, when they make the income statement in 2024 they will have to adjust what they pay to the Treasury.
Thus, taxpayers with an income of between 21,000 euros and 35,200 euros to those who go out to pay, will pay something more, and to those who go out to return, they will receive something less, having enjoyed in 2023 a lower withholding than what they really it belonged to them.
Likewise, as a consequence of this tax reduction, the IRPF regulation also specifies the income thresholds from which the IRPF withholding is applied, which is generally established at 15,000 euros. On the other hand, for a single, widowed, divorced or legally separated taxpayer with one child, the exempt limit is 17,270 euros (18,617 with two or more children).
Along the same lines, for a taxpayer whose spouse does not obtain income of more than 1,500 euros per year, excluding exempt income, the income limit that does not pay for personal income tax is set at 16,696 euros, which rises to 17,894 euros in the case of a child. and at 19,241 euros, with two children.
