A. Update
Maximum limit for Social Security contribution has been increased to 4.139,40 Euros per month or 137,98 Euros per day. The minimum and maximum base applicable for the year 2022 are:
| Quotation Group | Professional Categories | Full time Contract (Employment) | |
|---|---|---|---|
| Minimum Bases (Euro/ Month) | Maximum Bases (Euro per Month) | ||
| 1 | Engineers and Graduates Senior management personnel not included in article 1.3.c) of the Workers' Statute | 1.572,30 | 4.139,40 |
| 2 | Technical Engineers, Experts and Certified Assistants | 1.303,80 | 4.139,40 |
| 3 | Administrative and Workshop Heads | 1.134,30 | 4.139,40 |
| 4 | Unqualified Helpers | 1.225,90 | 4.139,40 |
| 5 | Administrative Officers | 1.225,90 | 4.139,40 |
| 6 | Subordinates | 1.225,90 | 4.139,40 |
| 7 | Administrative Assistants | 1.225,90 | 4.139,40 |
| Minimum Bases( Euro/ Day) | Maximum Bases( Euro/ Day) | ||
| 8 | First and second officers | 37,53 | 137,98 |
| 9 | Third Officers and Specialists | 37,53 | 137,98 |
| 10 | Pawns | 37,53 | 137,98 |
| 11 | Workers under the age of eighteen, whatever their professional category | 37,53 | 137,98 |
B. Statutory Compliance Release Date: December 31, 2021
C. Effective Date: January 01, 2022
A. Update
Modelo 296, an annual summary providing information on withholdings and payments on account of Non-Resident Income Tax, has been modified for the year 2021 as under:
a) The field "SUBCLAVE" (subkey) has been modified to include two new subkeys, viz. 12 and 13, as under:
- 12. Meal allowances and allowances for travel expenses exempt from tax (Article 9 of Reglamento del Impuesto sobre la Renta de las Personas Físicas/Personal Income Tax Regulation)
- 13. The recipient is a taxpayer of the Personal Income Tax of the special regime applicable to workers posted to Spanish territory referred to in article 93 of Ley del Impuesto sobre la Renta de las Personas Físicas/Personal Income Tax Law. Meal allowances and allowances for travel expenses exempt from tax (Article 9 of Reglamento del Impuesto sobre la Renta de las Personas Físicas/Personal Income Tax Regulation).
- In parallel, the subkeys "03" and "07" are modified since the concepts mentioned in the new subkeys 12 and 13 were previously included in these more general subkeys.
b) A new field " INGRESOS A CUENTA REPERCUTIDOS” has been added to record the amount of said payments made by the payer/employer that would have been treated as remuneration in kind for the recipient/employee.
B. Statutory Compliance Release Date: December 01, 2021
C. Effective Date: January 01, 2022
A. Update
Income Tax table for resident individuals has been updated for the tax year 2021. The highest tax rate has been increased from 45% to 47% hence, creating a new slab of above EUR 300.000.
| Taxable Income From (EUR) | Taxable Income To (EUR) | + Amount (EUR) | Tax Rate (%) |
|---|---|---|---|
| 0,00 | 12.450,00 | 0,00 | 19,00 |
| 12.450,01 | 20.200,00 | 2.365,50 | 24,00 |
| 20.200,01 | 35.200,00 | 4.225,50 | 30,00 |
| 35.200,01 | 60.000,00 | 8.725,50 | 37,00 |
| 60.000,01 | 300.000,00 | 17.901,50 | 45,00 |
| 300.000,01 | onwards | 125.901,50 | 47,00 |
