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Changes in payroll due to personal income tax adjustment


If the income you receive at the bank on your January payroll is higher than normal, it is not a mistake but it is Change in personal income tax. This is one of the main financial measures included in the state budget for the year 2023.

Specifically, last December the government approved a tax cut for all people with incomes below Total €21,000 per annum, which will make these workers earn more from the month of January. This happens because, with this measure, The amount of reduction is increased For income from work and the threshold from which it is applied.

So far, this tax benefit has been applied to gross incomes between 15,000 and 18,000 euros. However, the total is 21,000 The average salary in SpainTherefore, with the adjustment, the increase in the cut is due to half of the salaried workers in Spain.

Income between 22,000 and 35,200 as of February

To avoid “navigation errors”, this procedure will also benefit those who have it Income between 22,000 and 35,200 euros. However, in this case, the measure will apply from February.

According to ABC, the tax authorities decided not to implement it since January to give companies some leeway to prepare computer software for the new withholding scheme approved within the personal income tax regulation.

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