This text belongs to the Bolsillo newsletter, a summary of the week’s most notable news that is sent every Sunday. If you want to receive it in your email, sign up here.
If you think your salary goes to taxes, you may be right. Or at least in part, because the treasury eats a good chunk with all the string of taxes that we end up paying. Trying to save involves taking advantage of the income tax return, where a manager can make the difference between paying even more or having the Treasury return money to us.
Without anesthesia. A third of your income will be taxed. Personal income tax on the payroll, IBI on the house, VAT on the supermarket… The dance of acronyms translates into an average bill of more than 1,100 euros per month for a family with two children. The regional differences once again stand out, because a Catalan ends up paying more than a Madrid resident for personal income tax. And perhaps even more advantages will present themselves in the capital. The Ayuso Government wants expatriates or nationals who live abroad and return to be able to deduct 20% of their investments. With controversy, it is a great deal for some, a tax aggravation for others.
Work troubles. Another hot front. Enter a job, complete the trial period and instead of continuing, they fire you. The situation has escalated in recent months. So much so that the Labor Inspection launches a campaign against these abuses, to cover the hole. The Bank of Spain also focuses on objective dismissal, another focus of litigation. Speaking of difficult cases, you have to be careful if as an employee you have earned some occasional income outside of your normal work. Be careful doctors, teachers or journalists…
Digital business. If you ask a child today what they want to be when they grow up, they will probably point to influencer. The phenomenon is growing not without controversy, such as leaving advertising regulations aside. Only a small part of the sponsored content posted on their networks is identified as such. Is it intended to deceive the audience? The digital world has many things to keep an eye on. Also in investments. “Cryptos call for the worst of the free market,” explains economist Jordi Gual in this interview. According to him, the secret for everything to work is in trust. And digital currencies are not a good example.
Help with personal income tax. The income campaign opens this week in a new stage. On Monday you can make an appointment to be attended by phone. Some have gone ahead and hired a manager or advisor to complete their statement and get it out of their hands. Is it worth the expense? For those who do not want to rely on a professional, we make life easier. From adults to children, these are the income advantages of being a pensioner and so you can deduct the expense on children’s textbooks or extracurricular activities. And be careful with the deduction for the purchase of an electric car, which has fine print. Above all, don’t get scammed by the new tax return scam.
The Generalitat will limit seasonal rentals in Catalonia. The alternative that had been found to avoid the price cap of the Housing Law has its days numbered, with minimal exceptions. It is also used to raid rooms and impose a sanctioning regime. There will be fines of up to 900,000 euros…
Better to take it with philosophy, or with a drink. Mezcal sees demand skyrocket by 700%. They already call it the liquid gold fever: such is the pull that the agave, the plant from which tequila is also obtained, sees some varieties disappear. George Clooney and Cindy Crawford have joined the wave.
