Net tax base
Reductions in the general tax base
Reductions for contributions and contributions to social security systems
Maximum annual contributions (except for group dependency insurance) and the maximum joint reduction limit
As a consequence of the modifications introduced by article 59 of Law 22/2021, of December 28, on the General State Budgets for the year 2022, in the reduction limits for contributions to social security systems, the general limit passes from 2,000 to 1,500 euros, while the additional increase in said limit is raised from 8,000 to 8,500 euros and not only through business contributions, as already happened in 2021, but also through worker contributions to the same social security instrument always that these contributions are of equal or lower amounts than the respective business contribution.
For these purposes, the amounts contributed by the company that derive from a decision by the worker are considered as worker contributions.
On the other hand, Law 12/2022, of June 30, regulating the promotion of employment pension plans, which modifies the consolidated text of the Law on the Regulation of Pension Plans and Funds, approved By Royal Legislative Decree 1/2002, of November 29, the regulatory framework for pan-European individual pension products has been approved.
Excess contributions made and not reduced in previous years
Regarding the way of applying the excess contributions and contributions that could not have been subject to reduction in previous years, for the 2022 financial year, as a consequence of the new limits applicable to reductions for contributions and business contributions, a procedure has been carried out. modify the Personal Income Tax Regulations , with the intention of facilitating the application of excesses pending reduction and mitigating their complexity. To this end, the proportional application of excesses between contributions or contributions is eliminated, and the application of the increased maximum limit (1,500 + 8,500 euros) is allowed regardless of the origin of the amounts contributed, understanding that in the year in which who would have paid respected the maximum annual contributions (article 51.6 and Additional Provision sixteen of the Personal Income Tax Law ).
On the other hand, the excesses corresponding to the collective dependency insurance premiums will be allocated respecting their own limits.
Early availability of consolidated rights for taxpayers affected by the volcanic eruption on the island of La Palma
So that those affected by the volcanic eruption on the island of La Palma can meet unexpected liquidity needs, article 11 of Royal Decree-Law 20/2021, of October 5, which adopts urgent support measures for the repair of damage caused by volcanic eruptions and for the economic and social reconstruction of the island of La Palma ( BOE of October 6), established, exceptionally and exclusively during the period between October 6, 2021 and July 5, 2022, the possibility that participants in pension plans, as well as insured persons of insured pension plans and corporate social pension plans and mutual members of mutual pension insurance companies social organizations can dispose of their consolidated rights in advance in certain cases, setting the conditions and a maximum withdrawal amount.