About 250,000 Spaniards will receive a salary bonus of up to 1,000 euros in 2023 thanks to the technical revision of the personal income tax

Adjusting the payroll deductions required by the government-approved low-income tax cut will increase the net income of hundreds of thousands of taxpayers with salaries of up to €35,200

It is not a tax cut because beneficiaries must pay this extra salary in 2024 on their income statement.

Finance Minister Maria Jesus Monteiro EFE
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